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OnMobile leads Rs 95 cr investment round in Chingari
By IANS |
Published on
Thu, Apr 1 2021 9:57 IST |
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New Delhi, April 1 : Bengaluru-based telecommunication firm OnMobile has led a $13 million (nearly Rs 95 crore) funding round in homegrown short-form video app Chingari, the companies announced on Thursday.
As part of the deal, OnMobile will integrate and distribute its direct-to-consumer gaming platform, ONMO, on the Chingari app and collaborate on other mobile product integrations to serve millions of users.
On the other hand, Chingari will use the funds to enhance its content portfolio, hire top talent and accelerate its growing user base.
funding round in homegrown short-form video app
Chingari, the companies announced on Thursday.
As part of the deal, OnMobile will integrate and distribute its direct-to-consumer gaming platform, ONMO, on the Chingari
app and collaborate on other mobile product integrations to serve millions of users. On the other hand, Chingari will use the funds to enhance its content portfolio, hire top talent and accelerate its growing user base.
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Chingari said that the investment will help it accelerate its growth from 56 million users to over 100 million users. We couldn t have hoped for a better partner than OnMobile to help Chingari embody its vision and become a content super media app for