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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. Advertisement 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 ....
Plans to distribute Onmo, its direct-to-customer gaming platform, on Chingari. 01 Apr, 2021 - 12:48 PM IST | By indiantelevision.com Team MUMBAI: Bengaluru-based OnMobile has led a $13 million (Rs 98.7 crore) funding round in short video platform Chingari. The company believes that this investment will allow Chingari to accelerate its growth from 56 million users to over 100 million users. Following this investment, OnMobile will soon integrate and distribute Onmo, the company s direct-to-customer gaming platform on the Chingari app. In a recent statement, the company also revealed its plans to collaborate on other product integrations in the future. The Chingari team has built a terrific product with great user retention and growth. Onmo gaming’s short format challenges and Chingari s short-form videos complement each other well, said OnMobile CEO Krish Seshadri. ....
OnMobile Global Ltd has added 84.08% over last one month compared to 1.99% gain in S&P BSE Telecom index and 7.04% rise in the SENSEX OnMobile Global Ltd lost 4.21% today to trade at Rs 104.65. The S&P BSE Telecom index is down 1.68% to quote at 1374.38. The index is up 1.99 % over last one month. Among the other constituents of the index, Bharti Airtel Ltd decreased 2.64% and Vodafone Idea Ltd lost 2.12% on the day. The S&P BSE Telecom index went up 16.2 % over last one year compared to the 29.37% surge in benchmark SENSEX. OnMobile Global Ltd has added 84.08% over last one month compared to 1.99% gain in S&P BSE Telecom index and 7.04% rise in the SENSEX. On the BSE, 1.08 lakh shares were traded in the counter so far compared with average daily volumes of 3.97 lakh shares in the past one month. The stock hit a record high of Rs 133.6 on 24 Feb 2021. The stock hit a 52-week low of Rs 12.95 on 25 Mar 2020. ....
Kirloskar Industries Ltd, Shree Ganesh Remedies Ltd, OnMobile Global Ltd and Optiemus Infracom Ltd are among the other gainers in the BSE s B group today, 16 February 2021. Kirloskar Industries Ltd, Shree Ganesh Remedies Ltd, OnMobile Global Ltd and Optiemus Infracom Ltd are among the other gainers in the BSE s B group today, 16 February 2021. Magal Automotive Ltd soared 16.78% to Rs 150.7 at 12:03 IST. The stock was the biggest gainer in the BSE s B group. On the BSE, 15671 shares were traded on the counter so far as against the average daily volumes of 1628 shares in the past one month. Kirloskar Industries Ltd spiked 16.49% to Rs 1445.05. The stock was the second biggest gainer in B group. On the BSE, 16157 shares were traded on the counter so far as against the average daily volumes of 1660 shares in the past one month. ....