NFTICALLY, which runs a global NFT marketplace and offers a Web3 e-commerce SaaS platform for launching white-label NFT stores, has raised $1 million in a funding round led by Spartan Group, as the company continues building and expanding COMEARTH, the world’s first e-commerce Metaverse ecosystem.
Polygon Studios, Blockrocket, Blockchain founder’s fund, Mafatlal family office, and Bollywood producer Subhash Ghai also backed the company in the latest round.
NFTICALLY plans to use funds to double down on its technology stack as it builds COMEARTH, a shopping Metaverse platform. The company also plans to ramp up hiring and invest more in research and development as it works toward building a seamless infusion of NFTs in all the major industries, such as E-commerce, manufacturing, healthcare, and many more.
“We will also 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 rumors around the ecosystem,” said Toshendra Sharma, chief executive officer (CEO) of NFTICALLY.
“At NFTICALLY, NFTs will play a key role in improving industry engagement. However, with the recent slowdown of the crypto market, we have a few challenges. The funding will help us take down these challenges with ease,” Toshendra added.
“In June, we launched the e-commerce Metaverse ecosystem COMEARTH. The platform has grown significantly since then, with brands such as Polygon, CEAT, Metro Brands, Zipmex, BollyCoin, and ZeeStudios, among many others, jumping on the bandwagon. We are bullish on COMEARTH’s growth in the coming months,” he said.
Founded by Toshendra Sharma, and Rohendra Singh, NFTICALLY enables users and organizations with no technical knowledge to build their own white-label NFT marketplace. On these marketplaces, organizations can let their users create, exchange, and buy non-fungible tokens (NFTs). The platform also supports a ton of native integrations, including Shopify, Google Analytics, Mixpanel, Mailchimp, Zapier, etc.
The company also provides a free Web3 academy and organizes webinars with global Web3 experts, in addition to running informative newsletters, blogs, and Twitter Spaces to provide more information about the NFT ecosystem.
The company’s clientele includes prominent platforms such as BollyCoin, Mafatlal Industries, THIZZ Entertainment, Merchit, Zixel by Zipmex, and SporteNFT Marketplace.
Prior to this round, NFTICALLY raised close to $1 million in its seed round, participated by several angel investors, including Nitish Mittersain (Nazara Games), Gaurav Munjal ( Unacademy ), Sujeet Kumar ( Udaan ), Kunal Kapoor (Bollywood actor), Surojit Chatterjee ( Coinbase ), and Jayanti Kanani (Polygon Matic), among others.
NFTICALLY is a group of Blockchain developers and business executives who love to solve real-world problems at scale. We are passionate about NFTs and how they are bringing changes in the world through proof of existence, proof-of-ownership, and proof of copyright.