Onmobile Leads $13 Million Funding In Short-Video App Chingari

Apr 01, 2021•over 4 years ago

Amount Raised

$13 Million

Mumbai

Description

Mobile entertainment solution provider OnMobile is leading a $13 million financing in domestic short video app Chingari for a 10% stake.

Company Information

Company

Chingari

Location

Mumbai, Maharashtra, India

About

The funds consist of stablecoins, USDC and Tether, the company said. The company will also use the funds to launch and grow creator monetisation avenues within the app through Web 3.0 tools.

Funding Insights

Based on industry data

Tech investment trends

83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

Onmobile Leads $13 Million Funding In Short-Video App Chingari

Description

.css-1v6jzuu{--tw-text-opacity:1;color:rgba(75, 85, 99, var(--tw-text-opacity));}Company Information

Funding Insights

Company Information