Grapevine: ShareChat faces a valuation cut; PAG inks debt deal

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Social media platform ShareChat is in advanced talks to secure approximately $50 million in funding, TechCrunch reported, citing two sources familiar with the matter.    The new round could value ShareChat below $1.5 billion, the report said. This is down from $4.9 billion in the previous funding round.     Existing investors Temasek and ......