🇮🇳 Roundup: TikTok-like Chingari lists crypto token on OKEx exchange, more (Updated)

Update (January 17, 7:30 pm): Adds news about Flipkart’s accelerator programs

India-based startups, including Chingari, Heaps, IndiaFilings, and NewsReach, raised at least US$26.5 million in disclosed funding today from international and local investors.

Here’s a snapshot of the fundraising:

Here’s some important tech news from India today:

TikTok-like Chingari lists crypto token on OKEx exchange

The Gaonlyri token, which was released last year by short-video app Chingari, has been listed on the OKEx cryptocurrency exchange. It is exclusively available to users in India, Pakistan, Nepal, Bhutan, Sri Lanka, and Maldives.

Founded in 2018, Chingari is an app that allows users to select a song, lip sync, and create videos. It has 30 million monthly active users and has just raised a US$15 million series A round that was led by Republic Capital.

Creators and viewers on the Chingari app can use the Gari token to interact and monetize their content.

Agritech firm DeHaat acquires farming marketplace

Helicrofter is the third acquisition by DeHaat in the past three years. However, both companies didn’t disclose the value of the deal.

Founded in 2012, DeHaat helps farmers buy agricultural equipment and connects them with potential crop buyers. In October 2021, the company raised US$115 million in a Sofina and Lightrock-led funding round.

Launched in 2020, Helicrofter’s network of resellers based in western India is an addition to DeHaat’s network, which is dominated by resellers from eastern and central parts of the country.

Flipkart expands its accelerator into two separate programs