Chingari, a short video sharing app that is in vogue with India’s millennials has announced it has raised US$1.3 million in a seed round.
Accoridng to the statement, AngelList India, Utsav Somani’s iSeed, Village Global, LogX Ventures, and Jasminder Singh Gulati of NowFloats patronized the round.
The startup is looking to hire talented and innovative software designers and programmers to enhance its product development.
“We are happy to have amazing investors like AngelList India, Utsav Somanis iSeed, Village Global and its amazing network of entrepreneurs and global leaders, LogX Ventures and some reputed angels,” co-founder and CEO of Chingari App Sumit Ghosh said. “Were delighted that investors saw the immense potential in our vision and chose to join the Chingari journey,” he said.
Established in 2018, the Chingari app, TikTok’s Indian substitute, allows users to share short videos in multiple languages including English, Hindi, Bangla, Gujarati, Marathi, Kannada, Punjabi, Malayalam, Tamil, and Telugu.