VC Fund Investments
Crypto startup Carret raises funding from Amesten Capital, Sandeep Nailwal, other angels
Bangalore-based crypto trading platform Carret has raised pre-seed funding from Amesten Capital and a clutch of angel investors including Polygon cofounder Sandeep Nailwal and former BlackRock executive Yan Wu. Carret is a crypto trading platform that allows users to trade in more than 100 cryptocurrencies. The startup's flagship product, 24Carret, claims to offer up to 17% in annual percentage yield (APY). Carret will use the funding to strengthen its operations and scale up the startup's product and strategy verticals. The investment will also be deployed to hire global talent and expand its footprint outside India. Additionally, the funding will also be deployed for marketing requirements and to build a secure app.
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