Blockchain tech startup ASQI raises $1-M from Founders Room Capital, others

Blockchain technology startup ASQI has raised USD 1 million in a Pre-Series A funding round led by Founders Room Capital. The other investors in the seed round include Shaadi.com founder Anupam Mittal; DMI Alternative Investment Fund; Zishaan Hayath, founder of Toppr; Ashish Goel, co-founder of Urban Ladder; Saurabh Garg, co-founder of NoBroker.in and Manu Chandra, Managing Partner of Sauce.vc. The startup will use the funds for technological development and refinement of its blockchain platform. Founded in July 2019, ASQI aims to bring blockchain into mainstream finance, and is building a public blockchain called Newrl.