VC Fund Investments
Crypto discovery platform Flippy raises $1.15 M led by InfoEdge unit
Bangalore-based Crypto discovery platform Flippy - promoted by Singapore-headquartered Singapore-based PSILA TECH PTE. LTD. - has raised USD 1.15 million in a seed round led by Redstart Labs, a wholly-owned subsidiary of publicly listed InfoEdge, The round received participation from Entrepreneur First, Justin Caldbeck, Alex Lin, and Anirudh Rastogi. The funds will be used to build engineering talent to scale flippy's operations. Flippy allows users to invest through relatable thematic baskets, making diversification possible with a single click. Users can access a range of informative content through this platform and view investment portfolios of successful crypto-space influencers. It claims to have partnered with crypto exchanges such as Bitbns, Krypto and Unocoin, and is in talks with CoinDCX, Zebpay and WazirX to allow users to link their trading accounts and complete their investments from the flippy platform itself.
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