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Regional language social platform ShareChat may raise $100 Mn investment

Regional language social platform ShareChat may raise $100 Mn investment. Micro-blogging site Twitter & Investment firm Hillhouse Capital may invest in ShareChat. Twitter may invest more than $50 Mn against a minority stake in this deal. Hong Kong-based investment management firm Hillhouse will take part in the investment. Deal might escalate ShareChat valuation up-to $650 Mn.

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