Pune-based tech startup: Myraah raises $350,000 in pre-seed round
- ByStartupStory | April 13, 2022
On Tuesday, Myraah, the Pune-based tech startup, said it secured $350,000 as pre-seed funding. To build its Web 3.0 platform and manage the digital assets of users, including files, notes, documents, pictures, music, videos, NFTs, domains, and websites, the startup plans to use the funds.
The pre-seed funding round was backed by Co-founder of Xceedance, and Arun Balakrishnan, CEO, and other angel investors, including Xcelerator Venture Partners.
Myraah is a Web 3.0 platform that functions as a digital vault that allows users to securely store documents, music, and videos. Besides, enabling them to write down anything they wish, where all of the pages in the journal are private to the user, its Web 3 diary feature is available to users. Only a cryptographically generated password will allow The user will be allowed to share only a cryptographically generated password with others .
Arun Balakrishnan, CEO and Co-founder of Xceedance, said that he has always taken a keen interest in startups working with transformational technology. He believes that Myraah’s Web 3.0 platform has the potential to alter the internet space in India by giving control over the content of the users.
Myraah building applications in Indian languages, offers services in English, Hindi, Kannada, Tamil, Marathi, Bangla, Gujarati, Telugu, and Malayalam. With freelancers and web developers the startup has collaborated and with technology that would enhance their productivity has been intended to assist them.
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