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NFTically raises funds from Nitish Mittersain, others

nftically funding

Global NFT marketplace creator, NFTically, announced that it has raised under $1 million additional investment in its seed round led by marquee investors.

Nitish Mittersain (Nazara Games), Gaurav Munjal ( Unacademy ), Sujeet Kumar ( Udaan ), Kunal Kapoor (Bollywood actor), Surojit Chatterjee ( Coinbase ), and other global investors also participated in the round.

With the latest funding, within three months of its launch, NFTically intends to go into overdrive by using the funds for operations like proactive team building, marketing, and improved product development. 

Speaking about the funding, Toshendra Sharma, Founder and CEO, NFTically, said, “Today, not only celebrities, content creators, artists, influencers, gamers but now businesses are also more than ever looking to monetize their digital assets. Executives are seeing how NFTs are creating value for their business. Our aim is to empower everyone to create wealth with ease by launching their own NFT marketplace on a global stage.”

NFTically enables users and businesses from non-technical backgrounds to roll out their own white-label NFT marketplace or store to mint, sell, and buy non-fungible tokens (NFTs).

Commenting on the investment, Nitish Mittersain, MD, Nazara Technologies, and an angel investor, said, “While NFTs are still in the formative years, the expansive and bustling NFT ecosystem sees constant innovation, and I am certain that NFTically has the right team and vision to capitalize on it as the ecosystem matures.”

Jitendra Tatiya of Creago Advisors LLP added, “We are excited to see interest from global investors. NFTically is in the space, which can absorb large investments for market penetration. We are already in the process to raise a larger pre-Series A round and expand the business footprint.” 

Recently, the platform claims to have made a record by selling Bollywood’s first NFT – ZEE Studios, where it sold the NFTs at 6X more than the expected price.

NFTically seems to be an interesting platform offering innovative solutions. I believe the company will soon emerge as a leading player in the market. My best wishes to the team of NFTically.

Shishir Gupta, Founder and CEO, StartupLanes

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