\"\"MUMBAI: Local language social networking app ShareChat<\/a> is in the final leg of closing one of the largest early-stage financing rounds at $100 million or Rs 670 crore, led by Chinese mobile phone manufacturer Xiaomi<\/a>, its founder Lei Jun’s venture capital fund Shunwei Capital<\/a>, and Hong Kong-based Morningside Ventures, people familiar with the matter said.
\n
\n
The fresh funding will see
ShareChat<\/a>, one of the hottest consumer internet<\/a> startups in the country, rack up a valuation of $400 million or Rs 2,680 crore — a nearly five-times jump in its value from its previous fundraise last year. China<\/a>’s Tencent and Toutiao, which were also vying for a piece of ShareChat, have opted out of the final race, sources said. Russianbillionaire Yuri Milner may also be participating in the funding through his personal investment vehicle Apoletto Managers.
\n
The recent interest in ShareChat and other local messaging, social media, and online content startups signals the appetite among investors, especially the Chinese strategic, on the back of huge successes these companies have seen in their home market. The domestic startups have tried to tap the fast growing population of
internet<\/a> users in smaller cities and towns and differentiate themselves from global giants such as Facebook and Instagram. Cheaper mobile data, with the entry of Reliance Jio<\/a>, has been the key driver for this new set of users.
\n
\nBoth
Xiaomi<\/a> and Shunwei are existing backers of ShareChat, while Morningside — an early-stage fund that manages over $1.5 billion in capital — is the likely new investor on board. The startup has in all raised $23 million and was last valued at under $100 million. A source close to the talks said China<\/a>’s Tencent, which operates the hugely popular WeChat messaging app, was a serious contender.
\n
\nHowever, discussions fell through on the deal terms. Morningside is an early investor in Xiaomi that is slated for a $10-billion IPO — conferring a $100-billion value to the smartphone maker. ShareChat claims it is clocking 6 million plus in daily active users and 15 million of monthly active users.\"\"
\n
\nQueries sent across to Xiaomi, Shunwei and Morningside as well as ShareChat’s co-founder, Farid Ahsan, did not elicit a response. Founded by IIT-Kanpur graduates Ahsan, Bhanu Pratap Singh and Ankush Sachdeva, ShareChat has kept itself away from the top rung of English speaking internet users. Ahsan, who was earlier the company CEO, had told TOI in an interaction last year that the startup was on a mission to capture the next billion internet users who will come from smaller cities and rural India. In place of Ahsan, Sachdeva has been recently appointed as the ShareChat CEO.
\n
\nThe Bengaluru company counts SAIF Partners, Lightspeed India Partners and Anand Lunia’s India Quotient as it early backers.
\n
\nAccording to Rahul Chowdhri, partner at venture capital fund Stellaris Venture Partners, “These young local language networking startups are targeting interest areas and customers in vernacular content space. Currently, the Facebook app does not cater to this need. These next 300 million users also find some of the global applications platforms too complex to use.”
\n
\n\n<\/body>","next_sibling":[{"msid":64458528,"title":"Idea shares up in early trade after FDI nod","entity_type":"ARTICLE","link":"\/news\/idea-shares-up-in-early-trade-after-fdi-nod\/64458528","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":64458767,"entity_type":"ARTICLE","title":"Xiaomi, Shunwei, may lead $100 million push in ShareChat","synopsis":"The fresh funding will see ShareChat, one of the hottest consumer internet startups in the country, rack up a valuation of $400 million","titleseo":"telecomnews\/xiaomi-shunwei-may-lead-100-million-push-in-sharechat","status":"ACTIVE","authors":[{"author_name":"Samidha Sharma","author_link":"\/author\/20400\/samidha-sharma","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/20400.cms?width=100&height=100&hostid=268","author_additional":{"thumbsize":true,"msid":20400,"author_name":"Samidha Sharma","author_seo_name":"Samidha-Sharma","designation":"Editor- Emerging Business","agency":false}}],"Alttitle":{"minfo":""},"artag":"TNN","artdate":"2018-06-05 09:57:23","lastupd":"2018-06-05 10:01:50","breadcrumbTags":["Xiaomi","ShareChat","Shunwei Capital","China","reliance jio","Internet"],"secinfo":{"seolocation":"telecomnews\/xiaomi-shunwei-may-lead-100-million-push-in-sharechat"}}" data-authors="[" samidha sharma"]" data-category-name="" data-category_id="" data-date="2018-06-05" data-index="article_1">

小米,在ShareChat Shunwei,可能导致1亿美元推动

新鲜的资金将看到ShareChat,最热门的消费互联网初创公司之一,估值为4亿美元

Samidha沙玛
  • 更新在2018年6月5日,远是坚持
孟买:当地语言社交网络应用程序ShareChat的最后一站关闭其中一个最大的早期融资1亿美元或670卢比,由中国手机制造商吗小米,其创始人雷军的风险资本基金Shunwei资本香港晨边高地企业,知情人士说。


新鲜的资金将会看到ShareChat最热门的消费者之一互联网初创企业,攫取估值4亿美元或2680卢比——其价值增长近5次去年从先前的融资。中国腾讯和Toutiao,也争夺一块ShareChat,选择了最后的比赛,消息人士说。Russianbillionaire尤里米尔纳也可能参与资金通过他的个人投资工具Apoletto经理。

最近的兴趣ShareChat和其他本地消息传递,社会媒体,和在线内容信号创业投资者的偏好,尤其是中国战略,这些公司的巨大成功在本国市场。国内创业公司试图利用的快速增长的人口互联网用户在较小的城市和城镇和差异化等全球巨头Facebook和Instagram。便宜的移动数据,进入依赖Jio,这组新用户的关键驱动因素。

这两个小米和Shunwei现有ShareChat的支持者,而晨边高地——一个早期基金管理着超过15亿美元的资本——是可能的新投资者。启动已经筹集了2300万美元,是去年价值1亿美元以下。谈判知情人士说中国的腾讯,经营广受欢迎的微信消息传递应用程序,是一个有力竞争者。

然而,在交易条款谈判告吹。晨边高地是小米的早期投资者,定于100亿美元的IPO——授予价值1000亿美元的智能手机制造商。ShareChat声称它是时钟在日常活跃用户600万+和1500万年月度活跃用户。

查询发送到小米,Shunwei晨边高地以及ShareChat的联合创始人法Ahsan并未引起反应。由IIT-Kanpur毕业生Ahsan, Bhanu普拉塔普辛格和Ankush Sachdeva, ShareChat一直保持自己远离英语网民榜的首位。Ahsan,早些时候,该公司首席执行官告诉钢铁洪流在去年启动的交互任务捕捉下一个十亿互联网用户将来自印度小城市和农村。代替Ahsan, Sachdeva最近被任命为ShareChat CEO。

印度班加罗尔公司计数SAIF Partners光速伙伴和阿南德Lunia印度商早期的支持者。

风险投资基金合伙人根据拉胡尔Chowdhri Stellaris venture Partners,“这些年轻的当地语言网络创业内容和客户在方言感兴趣目标区域空间。目前,Facebook应用程序并不迎合这一需求。这些未来3亿用户还会发现一些全球应用程序平台使用太复杂。”

  • 发表在2018年6月5日09:57点坚持

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\"\"MUMBAI: Local language social networking app ShareChat<\/a> is in the final leg of closing one of the largest early-stage financing rounds at $100 million or Rs 670 crore, led by Chinese mobile phone manufacturer Xiaomi<\/a>, its founder Lei Jun’s venture capital fund Shunwei Capital<\/a>, and Hong Kong-based Morningside Ventures, people familiar with the matter said.
\n
\n
The fresh funding will see
ShareChat<\/a>, one of the hottest consumer internet<\/a> startups in the country, rack up a valuation of $400 million or Rs 2,680 crore — a nearly five-times jump in its value from its previous fundraise last year. China<\/a>’s Tencent and Toutiao, which were also vying for a piece of ShareChat, have opted out of the final race, sources said. Russianbillionaire Yuri Milner may also be participating in the funding through his personal investment vehicle Apoletto Managers.
\n
The recent interest in ShareChat and other local messaging, social media, and online content startups signals the appetite among investors, especially the Chinese strategic, on the back of huge successes these companies have seen in their home market. The domestic startups have tried to tap the fast growing population of
internet<\/a> users in smaller cities and towns and differentiate themselves from global giants such as Facebook and Instagram. Cheaper mobile data, with the entry of Reliance Jio<\/a>, has been the key driver for this new set of users.
\n
\nBoth
Xiaomi<\/a> and Shunwei are existing backers of ShareChat, while Morningside — an early-stage fund that manages over $1.5 billion in capital — is the likely new investor on board. The startup has in all raised $23 million and was last valued at under $100 million. A source close to the talks said China<\/a>’s Tencent, which operates the hugely popular WeChat messaging app, was a serious contender.
\n
\nHowever, discussions fell through on the deal terms. Morningside is an early investor in Xiaomi that is slated for a $10-billion IPO — conferring a $100-billion value to the smartphone maker. ShareChat claims it is clocking 6 million plus in daily active users and 15 million of monthly active users.\"\"
\n
\nQueries sent across to Xiaomi, Shunwei and Morningside as well as ShareChat’s co-founder, Farid Ahsan, did not elicit a response. Founded by IIT-Kanpur graduates Ahsan, Bhanu Pratap Singh and Ankush Sachdeva, ShareChat has kept itself away from the top rung of English speaking internet users. Ahsan, who was earlier the company CEO, had told TOI in an interaction last year that the startup was on a mission to capture the next billion internet users who will come from smaller cities and rural India. In place of Ahsan, Sachdeva has been recently appointed as the ShareChat CEO.
\n
\nThe Bengaluru company counts SAIF Partners, Lightspeed India Partners and Anand Lunia’s India Quotient as it early backers.
\n
\nAccording to Rahul Chowdhri, partner at venture capital fund Stellaris Venture Partners, “These young local language networking startups are targeting interest areas and customers in vernacular content space. Currently, the Facebook app does not cater to this need. These next 300 million users also find some of the global applications platforms too complex to use.”
\n
\n\n<\/body>","next_sibling":[{"msid":64458528,"title":"Idea shares up in early trade after FDI nod","entity_type":"ARTICLE","link":"\/news\/idea-shares-up-in-early-trade-after-fdi-nod\/64458528","category_name":null,"category_name_seo":"telecomnews"}],"related_content":[],"msid":64458767,"entity_type":"ARTICLE","title":"Xiaomi, Shunwei, may lead $100 million push in ShareChat","synopsis":"The fresh funding will see ShareChat, one of the hottest consumer internet startups in the country, rack up a valuation of $400 million","titleseo":"telecomnews\/xiaomi-shunwei-may-lead-100-million-push-in-sharechat","status":"ACTIVE","authors":[{"author_name":"Samidha Sharma","author_link":"\/author\/20400\/samidha-sharma","author_image":"https:\/\/etimg.etb2bimg.com\/authorthumb\/20400.cms?width=100&height=100&hostid=268","author_additional":{"thumbsize":true,"msid":20400,"author_name":"Samidha Sharma","author_seo_name":"Samidha-Sharma","designation":"Editor- Emerging Business","agency":false}}],"Alttitle":{"minfo":""},"artag":"TNN","artdate":"2018-06-05 09:57:23","lastupd":"2018-06-05 10:01:50","breadcrumbTags":["Xiaomi","ShareChat","Shunwei Capital","China","reliance jio","Internet"],"secinfo":{"seolocation":"telecomnews\/xiaomi-shunwei-may-lead-100-million-push-in-sharechat"}}" data-news_link="//www.iser-br.com/news/xiaomi-shunwei-may-lead-100-million-push-in-sharechat/64458767">