TikTok’s India-made rival ‘Chingari’ raises $1.3M in seed funding

TikTok’s India-made rival Chingari has raised $1.3M in seed funding. The round was led by venture capitalists. Further, the list included AngelList India, Utsav Somani’s iSeed, Village Global etc. The funding will be used to hire more talent to accelerate product development and enhance the platform to make it more consumer focussed and engaging. GoI banned TikTok and other Chinese apps. This paved way for local start-ups like Chingari to gain market space.

Click here to read the full story

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s