Hyderabad-based blockchain startup raises ₹4.2 crore
The Hindu
Blockchain solutions provider TrayamBhu Tech Solutions on Tuesday said it has raised around ₹4.2 crore seed funding from US-based Octave Ventures and others.The funds will be invested in developing mo
Blockchain solutions provider TrayamBhu Tech Solutions on Tuesday said it has raised around ₹4.2 crore seed funding from US-based Octave Ventures and others.
The funds will be invested in developing more blockchain products on climate tech covering ESG, carbon credit, and tokenisation of carbon assets and to expand business operations in the US and emerging markets, the city-based startup said in a release.
It is also moving aggressively on the hiring front, with plans to expand the team by recruiting 50 people by the end of 2022, the startup said. It has 30 employees at present.
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