Tag: sharechat
Facebook, WhatsApp, Google and other internet giants comply with India’s IT rules
Google, Facebook, Telegram, LinkedIn and Tiger Global-backed Indian startups ShareChat and Koo have either fully or partially complied with the South Asian nation’s new IT rules, according to two people familiar with the matter and a government note obtained by TechCrunch. India’s new IT rules, unveiled in February this year,…
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Tiger Global goes super aggressive in India
Recent roars from an investment firm, credited to put Indian startups on the global map in the past decade and a half, are turning local young firms into unicorns at a pace never seen before in the world’s second largest internet market. Tiger Global has written — or is in…
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Twitter explored buying India’s ShareChat and turning Moj into a global TikTok rival
Twitter recently held talks to acquire Indian social media startup ShareChat as the company explored ways to expand its presence in the world’s second largest internet market and build a global rival to TikTok, three sources familiar with the matter told TechCrunch. The American firm, which is already an investor…
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Snap partners with ShareChat’s Moj to roll out Camera Kit
Snap has partnered with ShareChat’s Moj app to integrate its Camera Kit into the Indian app as the American social giant looks to accelerate its growth in the world’s second largest internet market. This is the first time Snap has partnered with an Indian firm for its Camera Kit technology,…
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Google-backed Dailyhunt and Josh’s parent firm raises over $100 million
VerSe Innovation, the parent firm of popular news and entertainment app Dailyhunt and short video app Josh, said on Monday it has raised over $100 million as part of a Series H financing round from Qatar Investment Authority and Glade Brook Capital Partners. The announcement follows another $100 million+ investment…
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To avoid hostile takeovers amid COVID-19, India mandates approvals on Chinese investments
Chinese investors, who have poured about $6 billion into Indian startups in the last two years, will be subjected to strict regulation for their future investments in the world’s second largest internet market. India amended its foreign direct investment policy on Saturday to include China in the list of neighboring…
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