VC Fund Investments
In-app merchandising platform Rucept raises seed round from Arka Venture Labs, others
New Delhi-based, Blockchain enabled in-app merchandising platform Rucept has raised seed funding led by Arka Venture Labs, with participation from prominent Silicon Valley angels. Rucept is democratising physical product supply chains for video games and the metaverse. The funds will be used to expand the team, build operations and infrastructure and for validating the market. Rucept aims to power an efficient global supply chain that enables games and metaverse creators to showcase custom merchandise and blockchain based digital merchandise inside the apps or on their website via an SDK. The startup Rucept seeks to increase engagement, retention, and profitability for studios/creators.
From the Venture Intelligence PE-VC Deal Database: In Apr-17, the Axilor Ventures incubator onboarded Rucept.
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