ShareChat Announces Fundraising Worth $49 Million in Debt
Mohalla Tech, which owns ShareChat, a vernacular social media platform, and Moj, a short video entertainment app, has secured debt findings worth $49 million from existing investors.
The company board resolution specifies issuing 5895 Series I debentures for $10000 each to procure $49 million, as per the information sourced through the company's regulatory filing with the Registrar of Companies (RoC).
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