Twitter is expected to lead the Xiaomi-backed round with an investment of more than $50m, valuing the social networking platform at up to $650m.

India-based social networking app developer ShareChat is set to raise $100m in a funding round led by social media platform Twitter with a commitment of more than $50m, the Economic Times reported on Friday citing unnamed sources. Consumer electronics manufacturer Xiaomi is also expected to join the round, as are Shunwei Capital, Morningside Ventures and…

The rest of this content is only accessible to Subscribers.

This content is only accessible to subscribers. If you are a subscriber, please sign in. Otherwise, if you would like to try before you buy and haven't previously taken out a free trial, you can do so below. You can also see details on subscriptions by clicking the Subscription Options button.