Friday, 24 March, 2023

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

<p>TikTok&rsquo;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&rsquo;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.</p>