ShareChat, Moj valued at $2.88 billion in $145-million fundraise

Investment was led by Singapore state investor Temasek, Moore Strategic Ventures and Mirae-Naver Asia Growth Fund

Mohalla Tech, the parent company of short video app Moj and social media platform ShareChat, has raised $145 million as an extension of Series F, at a valuation of $2.88 billion. The investment was led by Singapore state investor Temasek, Moore Strategic Ventures (MSV) and Mirae-Naver Asia Growth Fund, which is jointly set up by Mirae Asset and South Korean web portal Naver Corp.

This is an additional investment beyond the $502 million raised in April this year at a valuation of $2.1 billion.

Investments raised this year, including this additional capital infusion, will help the company double