Link Legal, ARA, Gunderson act on ShareChat $100 million fund raise

Vernacular social networking app, ShareChat running under Mohalla Tech Pvt. Ltd., has raised $100 million (around INR 720 crore) in a fresh round of funding. The round was led by Shunwei and Xiaomi, which were joined by Morningside, DST, Lightspeed, SAIF Partners, India Quotient and Venture Highway.