ShareChat’s $100 Million in Series D Funding Round

Khaitan & Co advised Twitter Inc. in relation to series D primary investment in Mohalla Tech Private Limited doing business as ShareChat

ShareChat, a regional social media platform, has raised a new round of funding of $100 million in its Series-D funding, where Twitter and TrustBridge Partners are two new investors.

To date, ShareChat has raised $224 million. Existing investors participating in this round include Shunwei Capital, Lightspeed Venture Partners, SAIF Capital, India Quotient and Morningside Venture Capital.

This new round of funding will help ShareChat strengthen the technology infrastructure for its platform as the company looks to scale its business.

ShareChat is India’s largest regional social network allowing users to share their opinions, record their lives and make new friends – all within the comfort of their native language. Spearheading India’s internet revolution, ShareChat is changing the way in which the next billion users will interact on the internet.

Skadden Arps, Slate, Meagher & Flom advised Twitter with a team led by Parveet Singh Gandoak.

In India, Khaitan & Co advised Twitter Inc. with a team including Sharad Moudgal (Picture), B N Vivek, Neil Deshpande, Kamna Kumar and Srishti Ramkrishnan.

Involved fees earner: Sharad Moudgal – Khaitan & Co.; Srishti Ramkrishnan – Khaitan & Co.; Parveet Gandoak – Skadden Arps Slate Meager & Flom;

Law Firms: Khaitan & Co.; Skadden Arps Slate Meager & Flom;

Clients: Twitter;

Author: Michael Patrini