Chingari raised INR 10 Cr from LogX Venture

Short video platform Chingari raised INR 10 Cr in seed funding from LogX Ventures, AngelList’s Utsav Somani, NowFloats’ Jasminder Singh Gulati, AL Trust (Vistra ITCL), Village Global.

Chingari has recorded more than 23 Mn downloads in the month since the ban. Adding TikTok-like creation tools except AR filters, which are currently in the works.

Sumit Ghosh, cofounder, Chingari said Tech4Billion, the parent entity will be raising funds, whereas Chingari Media will be a wholly-owned subsidiary of Tech4Billion to operate the businesst.

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