Rooba Finance raises $1.3 Mn in seed round led by IPV

Crypto startup Rooba Finance has raised $1.3 million in its seed round led by Inflection Point Ventures. Lets Venture, Endurance Capital, KubeVC and other angel investors.

The funds will be utilised towards Platform Development, setting up a licensed platform overseas and to enable a global GTM.

Rooba helps institutions, Family Offices, HNI’s, Hedge Funds to securely custody their digital assets through a threshold multi party computation based custody network, and create trade strategies with a wide range of Defi apps, Layer 1 protocols, derivatives, all from the convenience of a single dashboard.

The platform also allows institutions to tokenize physical assets to enable efficient and transparent markets, extending into what would be the first digital commodities and derivatives exchange coming out of India.

Rooba Finance is apparently a moving startup with prodding improvement on software development platform. I’m sure this startup would continue to prosper in its journey ahead. My best wishes to the entire group of Rooba Finance. This will give them a giant accomplishment later on.

Shishir Gupta, Founder and CEO, StartupLanes

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