OUTLOOK INDIA - Sep 24 - Indian social networking platform ShareChat has raised $40M. The company, which has raised $264M in funding till date including this round, did not disclose the valuation at which the latest funds were raised. ShareChat CEO and co-founder Ankush Sachdeva said: "Our short-video platform Moj has been on an explosive growth trajectory since its launch. This funding will help us further invest in our product development." Moj debuted on Play Store on July 1, two days after the Indian government had banned 59 apps with Chinese linkages, including TikTok. Homegrown apps like Roposo, Chingari and Josh (Dailyhunt) have also seen significant growth in downloads and user signups. ShareChat and Moj together have ~240M MAUs (monthly active users).