Get All Access for $5/mo

Web3 Short Video App Chingari Forays Into Sports Business Chingari makes its debut into the sports business with its team Chingari Gulf Titans in the inaugural edition of the Global Chess League

By Teena Jose

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Company handout

The web3 social app, Chingari ventures into the sports business by participating in the inaugural Global Chess League with its team, Chingari Gulf Titans. The home-grown app aims to enhance the popularity of chess through the Global Chess League, a joint venture between Tech Mahindra and International Chess Federation (FIDE).

According to the company, the 12-day league will take place from June 21 to July 2, 2023. The event will feature ten matches for each of the six franchise teams, followed by a final match between the top two teams. The chess league will be held in Dubai in collaboration with the league's Host Partner, the Dubai Sports Council.

"After revolutionizing content creation, we at Chingari are now setting our sights on elevating the game of Chess and empowering the talents of tomorrow through the Global Chess League. We look forward to leveraging the power of our platform to revolutionize the way Chess is perceived and celebrated. With this league, we aim to ignite a global chess revolution by engaging millions of enthusiasts and inspiring the next generation of chess champions," said Sumit Ghosh, founder and CEO, Chingari.

The Global Chess League is an official franchise league with chess players from all over the world, aiming to enhance the fan experience through digitization, innovation, and technology.

"The joint-team format, encompassing men, women, and U21 players, demonstrates our commitment to equal opportunities for all. With a cutting-edge broadcast reaching 600 million viewers in 160 countries, the league will captivate new fans worldwide. We are delighted to have found the right partners to establish Global Chess League's strong presence across continents and look forward to creating a lasting legacy," said Jagdish Mitra, chairperson, Global Chess League Board.

Teena Jose

News Desk Reporter with Entrepreneur India

Teena is a post graduate in financial journalism. She has an avid interest in content creation, digital media and fashion.
Business News

Y Combinator Helped Launch Reddit, Airbnb and Dropbox. Here's What I Learned From Its Free Startup School.

The famed startup accelerator offers a free course on building a business — and answers five pressing questions for founders.

Science & Technology

Why We Shouldn't Fear AI in Education (and How to Use It Effectively)

Facing resistance to new technologies in the educational process is nothing new, and AI is no exception. Yet, this powerful tool is set to overcome these challenges and revolutionize education, preparing students and professionals for a future of unparalleled efficiency and personalized learning.

Green Entrepreneur®

6 Ways to Profitably Integrate Eco-Friendly Practices into Your Business

Sustainability efforts can improve operational efficiency, increase customer demand and boost profitability. Here, we highlight six easy ways entrepreneurs and small businesses can capture the financial benefits of sustainability.

Business News

A Former Corporate Lawyer Now Makes Six Figures on YouTube — Here's How She Does It

Here are the secrets to starting and growing a successful YouTube channel, according to a YouTuber with millions of subscribers.

Business Culture

You'll Always Have Anxious Employees if You Don't Follow These 4 Leadership Tactics

Creating a thriving workplace environment hinges on the commitment of company leaders to nurture and inspire their teams.