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[Funding alert] KoineArth raises $1.8M in Pre-Series A round led by YourNest
KoineArth, a blockchain startup with a focus on solutions for supply chain segment, will use this funding for product development and market expansion.
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KoineArth, a Bengaluru-headquartered blockchain startup, has raised
$1.8 million in a Pre-Series A round, led by YourNest Venture Capital. Existing investor Inventus India also participated in the round, along with Lumis Partners.
Founded in 2018 by Praphul Chandra, KoineArth focuses on solutions for the supply chain segment and this latest round of funding will be used to fund product development and market expansion.
Founder and CEO Praphul Chandra said, “The last decade saw the emergence of B2C platforms like Uber and Airbnb, which are plug-and-play infrastructures that enable producers and consumers to connect and interact with each other. With Blockchain as the enabling technology, we are creating a B2B platform for companies to connect