Chingari saw its business shrink after pivoting to a paid, private live streaming model in June 2023, moving away from its short video-led approach. The platform posted a 53% year-on-year drop in operating revenue in FY25, while losses declined 62% to Rs 8.8 crore.
For background, in FY23, Chingari reported Rs 113 crore revenue from operations with a net loss of Rs 42 crore.
Chingari’s revenue from operations fell over 52% to Rs 44 crore in FY25 from Rs 92 crore in FY24, according to its consolidated financial statements sourced from Registrar of…

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