NoCap Meta Raises Rs 2 Crore to Accelerate Growth in Metaverse and Digital Tech, Web3 Startup
- ByStartupStory | March 24, 2023
NoCap Meta, a startup in the web3 space, has secured Rs 2 crore in funding from Sunicon Ventures. NoCap Meta offers a broad range of services, including blockchain-based systems, metaverse development, and asset-backed tokens. Since its inception in 2021, NoCap Meta has collaborated with several prominent clients and has earned recognition for its premium projects, such as Femina Miss India, Toms, Metastar Media, Breathe ESG, and Yaap Digital & Neo Asset Management.
NoCap Meta plans to invest the raised capital in various sectors, such as blockchain, artificial intelligence, machine learning, healthcare, and agriculture tech. The goal is to accelerate the adoption of Metaverse and other Web 3.0 technologies by assisting conventional businesses in transitioning to these protocols as part of their tech stack, thereby enhancing transparency and efficiency. The startup aims to leverage the funding to drive growth and expand its offerings in the industry.
Aahan Dogra, the CEO of NoCap Meta, stated that the latest funding would enable the company to expedite its growth and provide advanced solutions to clients. NoCap Meta is leading the way in this revolution by offering businesses, regardless of their size, with the necessary technology to stay ahead of the competition and unlock new growth prospects.
According to Saloni Jain, Managing Partner of Sunicon Ventures, NoCap Meta is set to become a pioneer in the Asian metaverse tech space by providing cutting-edge solutions that address the current challenges.
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