Bengaluru-based NFT startup Lysto has raised $ 3 million in seed capital from BEENEXT, Better Capital and Cloud Capital.
Angel investors such as Binny Bansal, Kunal Shah, Ashish Hemrajani, Parikshit Dhar, Anupam Mittal, Ashish Gupta and Kumar Sudarsan also took part in the round.
The newly acquired funds will be used for product development and the expansion of the team.
The company creates APIs, tools, and infrastructure to enable and distribute NFTs in e-commerce, entertainment, gaming, animation, and other sectors with just a few clicks or a few lines of code.
Read more NFT startup Lysto raises USD 3 million in seed round at Trickypedia.