Indian short video-sharing app Chingari which came into prominence as a TikTok alternative and has raised 1.3 million (around Rs 10 crore) in a seed round led by AngelList India, Utsav Somanis iSeed, Village Global, LogX Ventures, and Jasminder Singh Gulati of NowFloats.
Sumit Ghosh, Co-founder & CEO, Chingari App says, “We're delighted that investors saw the immense potential in our vision and chose to join the Chingari journey.”
The homegrown social app claimed that it pays its content creators a 30 percent cut in what it makes from brands and ensures transparency and data privacy and it has a 25-million strong user base and records more than three million active daily users.
Chingari recently emerged as the top winner in the "Social" category of "AatmaNirbhar Bharat App Innovation Challenge" which was launched by Prime Minister Narendra Modi on July 4 to showcase India as one of the leading app developing countries globally.
"Sumit and team Chingari has shown how to ship product features at a pace that I have not come across before," Utsav Somani, Partner, AngelList India, said in a statement.
"They have their ears to the ground, listening to users, and are engaging with them on all channels to translate that into the best short video content experience for Bharat's demanding users."
Also Read: Scientists use Earth as proxy for detecting signs of life on exoplanets
App users can download and upload videos, chat with friends, interact with new people, share content, and browse through feed, among other things. It also allows its users to get creative with WhatsApp status, videos, audio clips, GIF stickers, and photos, and become popular.
Besides English and Hindi, the app Chinagri can be used in eight Indian regional languages like Bengali, Gujarati, Marathi, Kannada, Punjabi, Malayalam, Tamil, and Telugu.
