Chingari Raises $15 million in Funding from Republic Capital, Onmobile and JPIN Venture Catalysts

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Indian Social Media Network Raises Investment for its Social Media Token, $Gari. India received $638 million in crypto and blockchain investments across 48 deals in 2021. The Indian blockchain industry is growing, with investors pouring in capital to get a slice of the Indian market. By the end of 2022, the app aims to reach 200 million users. The app intends to create more revenue sources for artists, including live streaming, social shopping, and voice chat on the app, with over 35 million monthly active users.