New Delhi: NFTICALLY, a Web3 e-commerce marketing technology platform raised $1 million in an equity funding round led by Spartan Group and Polygon Ventures.
NFTICALLY will use the funds to expand its platform — COMEARTH, the world’s first gamified social e-Commerce and brand engagement metaverse ecosystem.
Blockchain Founders Capital, Blockchain Founders Fund, Mafatlal family office, and Bollywood producer Subhash Ghai also participated in the funding round.
The tech startup plans to use the funds to double down on its technology stack as it builds COMEARTH, a Metaverse platform.
NFTICALLY also plans to ramp up hiring and invest more in research and development as it works towards building a seamless infusion of NFTs in all major industries, such as e-commerce, manufacturing, healthcare, and more.
“We’re extremely glad for the continuous support and interest that our investors have shown in us. With this round, we welcome the teams of Spartan Group, Blockchain Founders Capital, Blockchain Founders Fund, Mafatlal Family Office and Bollywood producer Subhash Ghai on COMEARTH as our key partners,” said Toshendra Sharma, CEO of NFTICALLY
With this, we will aim to utilize the funds to create awareness about NFTs. Currently, it has become crucial to spread the word about NFTs and help everyone understand their validation while taking on the negative rumours around the ecosystem,” added Sharma.
“In June’22, we announced the world’s first Gamified Social E-Commerce & Brand Engagement Metaverse ecosystem COMEARTH. The private beta version of the platform has grown significantly since then, with brands such as Polygon, CEAT, Metro Brands, Zipmex, BollyCoin, and Zee Studios, among many others, jumping on the bandwagon,” shared Sharma.
“We are soon announcing the public version and are bullish on COMEARTH’s growth in the coming months,” he informed.
“By investing in NFTICALLY, we are working to push the boundaries of metaverse engagement. We find ourselves increasingly impressed by COMEARTH’s unique position and its ease of use that make it well suited to bring brands, influencers, and masses into web3,” stated Sagar Barvaliya, VC – Blockchain Founders Capital.
NFTICALLY, founded by Toshendra Sharma and Rohendra Singh, enables users and organizations with no technical knowledge to build their own white-label NFT marketplace.