VC Fund Investments
Blockchain startup Qiro Finance raises $1.2-M
Singapore-headquartered decentralised finance (DeFi) company, Qiro Finance has raised USD 2 million led by web3 accelerator Alliance, Druid Ventures, Escape Velocity (EV3), Trident Digital and CMT Digital. Additionally, Qiro Finance has received a 100,000 MATIC grant from Bengaluru- and Dubai-based Polygon under the ‘Polygon’s Village Build Ideas Program’ and a USD 50,000 development grant from the Aptos Foundation.Founded by Akshay Poshatwar and Nishikant Bahalkar, Qiro Finance focuses on building a decentralised credit protocol to connect emerging market asset originators (NBFIs) with global investors by leveraging blockchain and stablecoin rails.
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