Ending Soon! Save 33% on All Access

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.
Side Hustle

The Side Hustle He Started at Age 15 Led to a $4 Billion Boon for Small Businesses: 'They Would Take a Chance on Me With Their Hard-Earned Money'

Nic Beique asked his local barber, gym and more if they'd like him to build a website for their businesses.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

Now that OpenAI's Superalignment Team Has Been Disbanded, Who's Preventing AI from Going Rogue?

We spoke to an AI expert who says safety and innovation are not separate things that must be balanced; they go hand in hand.

Starting a Business

I Wish I Knew These Four Things Before Starting My Own Business

Starting a business is hard work to say the least. These are four lessons I wish someone had shared with me before going solo, so I'm here to share them with you.

Employee Experience & Recruiting

Beyond the Great Resignation — How to Attract Freelancers and Independent Talent Back to Traditional Work

Discussing the recent workplace exit of employees in search of more meaningful work and ways companies can attract that talent back.

Franchise

What Franchising Can Teach The NFL About The Impact of Private Equity

The NFL is smart to take a thoughtful approach before approving institutional capital's investment in teams.