EDBI's Key Investment In ShareChat: Raising Debt Round Funds
Tuesday, 6 August 2024, 13:15
EDBI's Investment in ShareChat
EDBI has successfully invested $16 million in ShareChat, which has resulted in an increased total for the debt funding round to $65 million. This investment signifies the growing confidence in ShareChat as a competitor in the social media industry.
Impact of the Investment
- Confirming the potential of ShareChat
- Helping expand platform capabilities
- Enhancing user engagement strategies
This strategic funding will assist ShareChat in solidifying its market position and exploring new growth opportunities.
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