Indian Short Video App Chingari Closed $15 Million in Funding

TokenInsight news, Indian short video app Chingari has closed a $15 million round of funding led by Republic Capital with participation from Onmobile, JPIN Venture Catalysts, Hill Harbor and others. The funds raised will be used to expand the app's technology, expand the team, and more. Chingari is a short-video social platform that allows users to watch or upload content on the platform to earn $GARI tokens that can be used to unlock special content from creators or purchase voice or video call experiences with creators. The platform previously closed a $19 million round of funding last October with Alameda Research and others and raised $40 million through a $GARI token offering on crowdfunding platform Republic in November.

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