Chingari raises $15 million funding from Republic Capital, others
The Hindu
In April last year, Chingari had raised $13 million in a pre-Series A round led by OnMobile Global.
Short-video platform Chingari on Monday said it has raised $15 million (about ₹111.4 crore) in funding led by Republic Capital.
The extended Series A round also saw participation from Onmobile, JPIN Venture Catalysts, Hill Harbour, Angellist, Venture Collective, Makan Family, Cowa Ventures, MVC Friends, Protocol Labs and other HNI family offices, a statement said.
The app will invest this new round of funds to enhance and integrate new in-app features, strengthen the backend technology team, as well as boost its marketing initiatives for 2022, it added.
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