Temasek Said to Join Mohalla Funding Round at $5 Billion Value

India’s Mohalla Tech Pvt., the startup behind social media platform ShareChat and short-video app Moj, is seeking to raise fresh funds at a valuation of $5 billion, people with knowledge of the matter said.

The Bangalore-based firm is in advanced talks with Singapore state investor Temasek Holdings Pte and Indian digital media group Times Internet Ltd. for the series H round, said the people, who asked not to be identified as the information is private. The company could raise at least $200 million, the people said.

Alphabet Inc.’s Google is also weighing participating in the fundraising, the people ...