VC Fund Investments
Supply-chain digitalisation enabler Dltledgers raises $8.5 M
Dltledgers (Distributed Ledgers Technology Pte Ltd), a blockchain-based, multi-enterprise supply-chain business network (MESCBN) platform, has raised USD 8.5 million in a funding round led by the family office of Ratan Tata and the Centrum Group at a valuation of more than USD 100 million. Dltledgers is expected to extend the round to USD 15 million by the end of October. Founded by Samir Neji, Dltledgers's platform is deployed in enterprises and banks such as Wipro Consumer Goods, Mondelez, Tata Motors, ANZ bank, Shiseido, OCP, Trade Development Bank of Africa and Stockland. The funds will be used to expand its operations to North America, scale engineering and growth teams, and innovate on the platform with Corda, Accenture, SAP and Microsoft.
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