Last updated: Feb 21, 2024
- Brand NameChingari
- HeadquarterBengaluru
- No. of Employees223
- Industry
Social Media
- Founded Year 2018
- Company StatusActive
- Highlights
- Total Funding₹361.47 Cr
- Funding Rounds6
- FY 2022-23 Revenue₹113.11 Cr
- FY 2022-23 Loss-₹42.50 Cr
About Chingari
Leading Web3 Social Network. Powered by $GARI Token Chingari is a video sharing mobile app. In these videos, users have options to add visual effects, lip-sync, dance, or voice over movie scenes and comic dialogues.
Business Model of Chingari
Short-video making app Chingari enables content creators to monetize through tipping, paid subscriptions, and NFTs. Its cryptocurrency, GARI, facilitates transactions. Creators can set up tipping jars, offer exclusive content with paid subscriptions, and sell NFTs of their videos or other content.
Key People/Management
Show allSG
Sumit GhoshCo-Founder & CEO
BN
Biswatma NayakCo-Founder & CTO
SG
Sumit GhoshDirector
BN
Biswatma NayakDirector
DS
Deepak SalviDirector
Top Competitors
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Latest News
- Chingari fires up to 50% of workforce in second job cut round in two monthsAug 25, 2023
- Short-video app Chingari lays off around 60 employeesJun 20, 2023
- Chingari announces monetisation plan for its creators and users; subscriptions start from Rs 20Nov 21, 2022
- Chingari launches first-ever video NFT marketplace named Creator CutsAug 23, 2022
- Chingari in talks to raise funds at $1 bn valuationApr 18, 2022
- Short video app Chingari collaborates with Fashion TV to launch 100 NFTsMar 25, 2022
- Chingari raises $15 Mn in Series A roundJan 17, 2022
- Chingaris crypto token raises $40 million within 24 hours of its live saleNov 6, 2021
- Chingari raises $19 Mn in a new roundOct 8, 2021
- OnMobile leads $13 million funding in short-video app ChingariApr 2, 2021