About Chingari
Chingari is a company based in Bengaluru (India) founded in 2018 by Sumit Ghosh, Deepak Salvi, and Biswatma Nayak.. Chingari has raised $61.55 million across 6 funding rounds from investors including Kraken, Aptos Labs and Angel List. Chingari operates in a competitive market with competitors including Kuaishou Technology, YouTube, Dailymotion, VerSe and Triller, among others.
- Headquarter Bengaluru, India
- Founders Sumit Ghosh, Deepak Salvi, Biswatma Nayak
- Stage Minicorn
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Sectors
Media & Entertainment
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$61.55 M (USD)
in 6 rounds
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Latest Funding Round
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Investors
Kraken
& 95 more
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Employee Count
Employee Count
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Funding Insights of Chingari
Chingari has successfully raised a total of $61.55M across 6 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Last Round
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First Round
First Round
(30 Jul 2020)
- Investors Count 96
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2023 | Amount | Series A - Chingari | Valuation | Aptos |
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| Aug, 2022 | Amount | Series A - Chingari | Valuation | OnMobile | |
| Jan, 2022 | Amount | Series A - Chingari | Valuation | Republic Capital |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Chingari
Chingari has secured backing from 96 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Kraken, Aptos Labs and Angel List. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Growth-stage investments are focused on by Republic Capital venture firm.
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Founded Year | Domain | Location | |
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Venture capital fund focused on multiple sectors
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Founded Year | Domain | Location | |
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Early-stage startups are funded by this venture capital entity.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Chingari
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Chingari
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Chingari Comparisons
Competitors of Chingari
Chingari operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Kuaishou Technology, YouTube, Dailymotion, VerSe and Triller, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Social platform for sharing short videos
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| domain | founded_year | HQ Location |
User-generated videos and content are shared and streamed online.
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| domain | founded_year | HQ Location |
Web and mobile video sharing and streaming platform
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| domain | founded_year | HQ Location |
Developer of a short-video platform and technology infrastructure
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| domain | founded_year | HQ Location |
Music videos are created and shared through a mobile platform.
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| domain | founded_year | HQ Location |
Videos are shared, viewed, and streamed on a social platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Chingari
Frequently Asked Questions about Chingari
When was Chingari founded?
Chingari was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Where is Chingari located?
Chingari is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Chingari?
Sumit Ghosh is the current CEO of Chingari. They have also founded this company.
Is Chingari a funded company?
Chingari is a funded company, having raised a total of $61.55M across 6 funding rounds to date. The company's 1st funding round was a Series A of $15M, raised on Jul 30, 2020.
What does Chingari do?
Founded in 2018 and based in Bengaluru, India, Chingari operates as a social media platform in the digital entertainment sector. Short-form videos, music, and dialogue dubbing content are created, shared, and engaged with by users. Features such as live conversations and tools for producing funny or dance videos are provided. Monetization options for content creators are integrated into the platforms services.
Who are the top competitors of Chingari?
Chingari's top competitors include Kuaishou Technology, YouTube and Dailymotion.
Who are Chingari's investors?
Chingari has 96 investors. Key investors include Kraken, Aptos Labs, Angel List, India TV, and Galaxy.
What is Chingari's valuation?
The valuation of Chingari is $80.53M as of Sep 2021.