NFT startup Lysto raises $3-M from Beenext, Better Capital, others

Bengaluru-based NFT startup Lysto has raised USD 3 million (about INR 22.3 crore) from Beenext, Better Capital and Cloud Capital. The seed round saw participation from angel investors including Binny Bansal (Flipkart co-founder), Sandeep Nailwal and Jaynti Kanani (Polygon co-founders), Pradyumna Agarwal (Temasek Managing Director), Nitish Mittersain (Nazara Games founder), Kunal Shah (Cred founder), Ashish Hemrajani and Parikshit Dhar (BookMyShow co-founders), Anupam Mittal (Shaadi.com founder), Ashish Gupta (Helion Ventures founder), Kumar Sudarsan (Qwikcilver founder) and others. Lysto, founded in 2021, has offices in Bengaluru and Singapore. The funding will be used for product development and expansion of the team.