NFT Startup GuardLink.io raises $12 million in Series A fundraising round led by Kalaari Capital & Others
GuardianLink.io, a non-fungible token (NFT) ecosystem technology platform, announced that it has raised $12 million in a Series A fundraising round led by Kalaari Capital and a private investor group.
The money will be used to grow GuardianLink.io's design laboratories in Japan and Singapore, as well as to improve the technology brand's creative development capabilities and deepen its curative NFT packaging basis, according to the business.
In India, the NFT market is quickly gaining steam, with superstars from cricket and the film industry, often known as bollywood, creating digital assets in the hopes of making thousands of dollars by capitalising on increased interest in such assets.
NFTs can be used in a variety of industries, including digital art, e-commerce, collectibles, gaming, entertainment, animation, real-world assets, and others, to assist establish ownership of digital assets on the blockchain.
Kalaari Capital, a Bengaluru-based venture capital firm, has just led a $2.5 million investment round in edtech startup Creative Galileo. Leading Bird Web Services Pvt Ltd, which runs diagnostics-focused company ConnectedH, has also raised $2.3 million from it.
The investment in Guardian by Kalaari Capital is the venture capital firm's first in the NFT market.
“Metaverse-based economy will be a key disruptor and NFTs are going to play an instrumental role in powering the digital economy of the future. The applications will extend across major industries including Gaming, Fashion and Retail," said Vani Kola, managing director, Kalaari Capital.
Guardian's NFT marketplace platform was introduced in 2020, and it already serves more than 40 NFT marketplaces throughout the world. Guardian has implemented more than 45 marketplace cloud platforms with built-in Anti.Rip technology and its Secure Vault-based Legitimacy protocol to prevent NFTs from being duplicated.
“With NFTs becoming a critical part of asset monetization for creators, athletes, artists and brands - Guardian has been on the forefront of the race to build and operate some of the largest marketplaces and most advanced creative NFTs in the space," said Ramkumar Subramaniam, co-founder, CEO, GuardianLink. “..this funding will be further instrumental in helping us build a stronger NFT ecosystem in India and across the globe," he added.
The growing popularity of NFTs in India has prompted entrepreneurs in the area to raise financing in order to expand. BEENEXT, Better Finance, Cloud Capital, and other investors helped NFT company Lysto earn $3 million (22.25 crore) in initial capital last week. Hyy.pe, another NFT platform, raised $2 million in an investment round led by Elevation Capital in October.
The money will be used to grow GuardianLink.io's design laboratories in Japan and Singapore, as well as to improve the technology brand's creative development capabilities and deepen its curative NFT packaging basis, according to the business.
In India, the NFT market is quickly gaining steam, with superstars from cricket and the film industry, often known as bollywood, creating digital assets in the hopes of making thousands of dollars by capitalising on increased interest in such assets.
NFTs can be used in a variety of industries, including digital art, e-commerce, collectibles, gaming, entertainment, animation, real-world assets, and others, to assist establish ownership of digital assets on the blockchain.
Kalaari Capital, a Bengaluru-based venture capital firm, has just led a $2.5 million investment round in edtech startup Creative Galileo. Leading Bird Web Services Pvt Ltd, which runs diagnostics-focused company ConnectedH, has also raised $2.3 million from it.
The investment in Guardian by Kalaari Capital is the venture capital firm's first in the NFT market.
“Metaverse-based economy will be a key disruptor and NFTs are going to play an instrumental role in powering the digital economy of the future. The applications will extend across major industries including Gaming, Fashion and Retail," said Vani Kola, managing director, Kalaari Capital.
Guardian's NFT marketplace platform was introduced in 2020, and it already serves more than 40 NFT marketplaces throughout the world. Guardian has implemented more than 45 marketplace cloud platforms with built-in Anti.Rip technology and its Secure Vault-based Legitimacy protocol to prevent NFTs from being duplicated.
“With NFTs becoming a critical part of asset monetization for creators, athletes, artists and brands - Guardian has been on the forefront of the race to build and operate some of the largest marketplaces and most advanced creative NFTs in the space," said Ramkumar Subramaniam, co-founder, CEO, GuardianLink. “..this funding will be further instrumental in helping us build a stronger NFT ecosystem in India and across the globe," he added.
The growing popularity of NFTs in India has prompted entrepreneurs in the area to raise financing in order to expand. BEENEXT, Better Finance, Cloud Capital, and other investors helped NFT company Lysto earn $3 million (22.25 crore) in initial capital last week. Hyy.pe, another NFT platform, raised $2 million in an investment round led by Elevation Capital in October.
