mChamp, Bags Rs 5 Crore Seed Fund From MoMagic Technologies
Delhi-based mChamp Entertainments, a celebrity and entertainment-driven contest app, bags Rs 5 crore seed funding from MoMagic Technologies, a leading mobile Internet market and app ecosystem player.
mChamp, a fund-driven contest app, in the past 9 months of its launch has already conducted 50 'Celebrity Meet and Greets' for contest(s) players. And the app is witnessing a 15% growth month-on-month, in terms of tie-ups and partnerships with leading FMCG brands, celebrity shows (TV/concerts) and productions houses.
Founder, Paresh Shah, mChamp Entertainments, said, "We are indeed very honored and happy to bag the very first round of seed funding from MoMagic, a Foxconn and MediaTek invested company. Along with being seed funded, we believe our mission of: mChamp being the No 1 Cele...