Indian Startups seek Funds through ICOs

Indian Startups seek Funds through ICOs

The accounting firm, Ernst & Young revealed that the startup companies have managed to globally raise nearly $3.7 billion through ICOs. Many Indian startups have also sought ICO for pooling funds. The founders of Drivezy stated that they moved to ICOs from Venture Capital to raise funds. Belfrics raised nearly $2.2 million through ICO to establish a KYC-complaint blockchain.

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