{"id":840989,"date":"2024-08-05T09:00:43","date_gmt":"2024-08-05T03:30:43","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=840989"},"modified":"2024-08-05T09:07:05","modified_gmt":"2024-08-05T03:37:05","slug":"sharechat-expands-its-convertible-debentures-round-to-65-million","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/08\/05\/sharechat-expands-its-convertible-debentures-round-to-65-million\/","title":{"rendered":"ShareChat expands its convertible debentures round to $65 million"},"content":{"rendered":"<p>ShareChat (Mohalla Tech Pvt Ltd), India\u2019s largest homegrown social media company, said it has expanded its convertible debentures round to $65 million, to accommodate new investment from EDBI, a leading Singapore-based global investor. <\/p>\n<p>These additional funds will be utilised to invest further in the company&#8217;s advertising tech stack and expand the consumer transactions businesses with investment in newer monetisation features for the creator ecosystem.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ShareChat (Mohalla Tech Pvt Ltd), India\u2019s largest homegrown social media company, said it has expanded its convertible debentures round to $65 million, to accommodate new investment from EDBI, a leading Singapore-based global investor. These additional funds will be utilised to invest further in the company&#8217;s advertising tech stack and expand the consumer transactions businesses with investment in newer monetisation features for the creator ecosystem.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,4,35],"tags":[],"class_list":["post-840989","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-telecom-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/840989","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=840989"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/840989\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=840989"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=840989"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=840989"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}