EDBI, the corporate venture capital arm of the Singapore Economic Development Board, is in talks to invest in Mohalla Tech Pvt. Ltd., the parent entity of the vernacular social media platform ShareChat and short video entertainment app Moj, DealStreetAsia has learnt.
"Negotiations are at an advanced stage and, if all goes well, the transaction could be closed over the next few weeks," said a source, adding that another investor from Singapore is also in the fray.
"Things have got almost finalised with the other investor. If EDBI comes in, the round will be closed," added the person.
Quote from: drdoof on May 06, 2024, 06:31 PMEDBI, the corporate venture capital arm of the Singapore Economic Development Board, is in talks to invest in Mohalla Tech Pvt. Ltd., the parent entity of the vernacular social media platform ShareChat and short video entertainment app Moj, DealStreetAsia has learnt.
"Negotiations are at an advanced stage and, if all goes well, the transaction could be closed over the next few weeks," said a source, adding that another investor from Singapore is also in the fray.
"Things have got almost finalised with the other investor. If EDBI comes in, the round will be closed," added the person.
siao ah.. go invest there
:frown:
Quote from: jim889 on May 06, 2024, 06:50 PMsiao ah.. go invest there
:frown:
Throwing free monies into a black hole :frown:
61% kumgong cb approves
throwing our good money to that shit hole
I have no idea why
Quote from: default on May 06, 2024, 07:43 PMI have no idea why
too much money to spend
:frown:
good luck to our money
Quote from: Shiori on May 06, 2024, 09:07 PMgood luck to our money
gone with the wind
:frown: