OnMobile took a 10% stake in the video-sharing platform through a round that also featured Taxmantra Global and India TV.
India-based video-sharing app Chingari has raised $13m in a funding round led by mobile entertainment provider OnMobile, which acquired a 10% stake, the Economic Times has reported.
Accounting and legal services firm Taxmantra Global participated in the round through its venture capital vehicle, ProfitBoard Ventures, while news broadcaster India TV invested directly
Republic Labs US, Astarc Ventures, White Star Capital, JPIN Venture Catalysts, private investor Raghunandan G and unnamed UK-based family offices also took part in the round. Actor Salman…