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ShareChat’s Series E round includes $225 Mn debt from Tencent

Shortpedia

Content Team
Image Credit: shortpedia

Last week, ShareChat had announced its $502 million Series E round led by Tiger Global. While the company did disclose the participation of its existing investors Twitter, Snap and Lightspeed in the round, it didn’t reveal a sizable investment from Tencent. Regulatory filings show that ShareChat has raised $225 million in the form of convertible debt from Tencent Europe.