investments in several big firms around the world, including Alibaba Group, Airbnb, Beepi, FanDuel, Palantir, and Windeln.
"We've been impressed with the way Chingari has grown organically and in a very capital efficient manner so far," said Grinda.
The funding comes just a few days after Chingari won the #AtmaNirbharApp Challenge, a contest organised by the Indian government.
The officials of the desi app, with more than 25 million downloads, stated that the funds will be utilised mostly on product development and hiring a talented engineering team of Machine Learning/Artificial Intelligence to enhance the camera features.
Chingari allows its users to download and upload videos, chat with friends, interact with new people, share content, browse through feed, and much more.
A Chingari user can get creative with WhatsApp status, videos, audio clips, GIF stickers, and photos.
Besides English and Hindi, the app can be used in multiple Indian languages like Bengali, Gujarati, Marathi, Kannada, Punjabi, Malayalam, Tamil, and Telugu.
Several new digital startups have attracted the attention of investors in the recent months.
Homegrown short-form video app Mitron on Tuesday announced it had raised $5 million (approximately Rs 37.3 crore) led by Nexus Venture Partners in a new funding round
Lifestyle community commerce platform Trell on Monday announced a $11.4 million (nearly Rs 86 crore) Series A round funding led by KTB Network and Samsung Ventures, among others.
( With inputs from IANS )
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