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The confluence of casual gaming and esports is emerging as a potent business model for gaming platforms in India. One such platform ONMO, the gaming platform of listed firm OnMobile Global, is looking to grow its user base from over half a million to 50 million.
The campaign conceptualised by Lowe Lintas Bangalore showcases the feelings that gamers experience that is akin to floating on a cloud
This investment is in continuation to the initial acquisition of a 25% equity stake in May 2020.
OnMobile leads Rs 95 cr investment round in Chingari By IANS | Published on Thu, Apr 1 2021 9:57 IST | 2 Views CFMA sees poetic justice for MF investors through 6 FTMF shut funds case in SC.. Image Source: IANS News New Delhi, April 1 : Bengaluru-based telecommunication firm OnMobile has led a $13 million (nearly Rs 95 crore) funding round in homegrown short-form video app Chingari, the companies announced on Thursday. As part of the deal, OnMobile will integrate and distribute its direct-to-consumer gaming platform, ONMO, on the Chingari app and collaborate on other mobil...
funding round in homegrown short-form video app Chingari, the companies announced on Thursday. As part of the deal, OnMobile will integrate and distribute its direct-to-consumer gaming platform, ONMO, on the Chingari app and collaborate on other mobile product integrations to serve millions of users. On the other hand, Chingari will use the funds to enhance its content portfolio, hire top talent and accelerate its growing user base. Advertisement Chingari said that the investment will help it accelerate its growth from 56 million users to over 100 million users. "We couldn't have h...