India, Feb. 27 -- YouTuber MrBeast, well known for his videos of large-scale challenges and giveaways that generate hundreds of millions of views, is looking to raise a couple hundred million dollars to expand his business.

This funding round would end up valuing his business at about $5 billion, according to a Bloomberg report which cited unnamed people familiar with the matter.

HT.com has not independently verified the authenticity of this information.

However, talks on the matter are still at early stages and the content creator named Jimmy Donaldson has so far spoken with several financial firms and wealthy individuals about investing.

Donaldson's main purpose of raising money is to fund a holding company which owns all of or part...