Technology

Google in talks with Sharechat as latter eyes $200 mn fundraise: Report

Google in talks with Sharechat as latter eyes $200 mn fundraise: Report

Google is in early talks with ShareChat for investing in the Indian content-sharing platform, Economic Times reported, quoting sources.According to the report, the Bengaluru-based firm is looking to raise up to $200 million (approximately Rs 1,496 crore), which could value the company at over $1 billion. The discussions come as Indian apps including ShareChat are seeing a popularity surge after New Delhi in June banned Chinese origin app, ByteDance's TikTok, following a border clash between the two countries.

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