Indian e-commerce startups attract Chinese investors

Indian social networking and regional content platform ShareChat raised $100 million Series D funding on Friday from a group of Chinese and US investors.

Twitter and Shanghai-based Trust Bridge Partners led the round. They were joined by Shunwei Capital and Morningside Venture Capital from China, India’s SAIF Partners, India Quotient, and Lightspeed Venture Partners from the US.

This is the second investment in the past week that involves a US social media giant and Chinese private equity capital. On August 12, Indian e-commerce site Meesho attracted $125 million Series D fundraising from Naspers, Facebook, SAIF Partners, Sequoia Capital, RPS, Venture Highway....