Twitter said to be pumping in over $50mn into ShareChat 

Xiaomi, Shunwei Capital and Morningside Ventures other names in the $100 million financing round

Twitter has been in the front of a $100 million financing round for social networking app ShareChat, say media reports. 

It will be a first such investment for Twitter and is said to be pumping in over $50 million, while the rest of the funding will be from Xiaomi, Shunwei Capital and Morningside Ventures. 

Hong Kong-based HillHouse Capital’s name is also doing the rounds. 

Twitter Co-Founder Jack Dorsey is said to be directly involved in the talks.