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Blockchain Firm Biconomy Raises $9 Million Ahead Of Native Token’S Launch

Jul 28, 2021•about 4 years ago

Amount Raised

$9 Million

Mumbai

Description

Mumbai: Biconomy, a blockchain transaction platform founded by Indians, has raised $9 million (about Rs 67 crore) from investors led by Mechanism Capital and Digital Asset Capital Management.

Company Information

Company

Biconomy

Location

Mumbai, Maharashtra, India

About

Founded in 2019 by Aniket Jindal, Sachin Tomar and Ahmed Al-Balagh, the company provides software to enable developers to build applications on it. Biconomy will use the funds for hiring, product development and launching additional products.