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Web3 Creator Monetisation Platform Fanztar Raises Rs 5 Crore In Funding Led By India Quotient

May 12, 2022over 3 years ago

Amount Raised

₹50 Million

Round Type

seed

Mumbai

Description

Mumbai: Fanztar, a blockchain-based creative monetisation platform, raised Rs 5 crore in a funding round led by India Quotient.

Company Information

Company

Fanztar

Location

Mumbai, Maharashtra, India

About

Founded by IIT Delhi graduates Himanshu Garg (CEO) and Sahil Singla (CTO), the company wants to leverage utility-based nonfungible tokens for creator monetisation and blockchain-based tools to ensure transparency and accountability. Fanztar will also use the capital for product innovation and launching the industry-led product in the market.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech