Indian crypto startup Rooba Finance secures $1.3 million in funding

Oluwajuwonlo Afolabi -

Rooba Finance, a crypto startup based in India has secured $1.3 million in its seed round funding led by Inflection Point Ventures.

  • The fund will be used to develop its platform, set up a licensed platform abroad, and enable a global go-to strategy.
  • The firm secures digital assets for family offices, institutions, HNI's, and Hedge Funds using a multi-party computation custody network and makes trade strategies on DeFi apps, with a single platform.
  • It also lets institutions tokenize their physical assets for efficient and transparent markets.
  • Lets Venture, Endurance Capital, Kube VC, and angel investors participated in the round.