There was news about the Microsoft-TikTok deal for quite some time. In such a situation, everybody‘s eyes are on this deal. At the same time, another news has emerged amid the discussion of this deal that Microsoft can make investments about 100 million {dollars} in India’s regional-language social media app ShareChat. According to the report by the company, the talks are at present in preliminary stages. Please tell that ShareChat is busy funding anew for its growth. ShareChat has a user base of over 140 million monthly active users within the nation.
Twitter also invested $ 100 million in ShareChat before Microsoft. During that time, the company was valued at $ 650 million, which is around Rs 4800 crore. ShareChat is a native app that’s available in a complete of 15 regional languages. It contains Hindi, Malayalam, Gujarati, Marathi, Punjabi, Telugu, Tamil, Bengali, Oriya, Kannada, Assamese, Haryanvi, Rajasthani, Bhojpuri and Urdu. This app can be very popular with users. Read More