Get All Access for $5/mo

Diginoor.io Raises $1 Million In Seed Round Diginoor aims to make NFT adoption mainstream in India with curated Indian entertainment content

By Shrabona Ghosh

Opinions expressed by Entrepreneur contributors are their own.

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Company handle

Diginoor, a NFT marketplace, has raised $1 million in its Seed funding. The round was led by Contrary Capital, Polygon Fund, Sandeep Nailwal, Kunal Shah, Abdul Wahab Al-Halabi, among others.

Founded in 2021 by Chennai based teenage entrepreneurs- Shaamil Karim and Yash Rathod, Diginoor aims to make NFT adoption mainstream in India with curated Indian entertainment content adapted for the web 3.0 space. Diginoor is leading the charge of carving out space for Indian cinema on the blockchain with the largest collection of Indian entertainment content, said a statement.

"We started Diginoor to sell NFTs of iconic Indian cinema content, right from Rajinikanth dialogues to metaverse Kabali suits. We plan on using these funds to hire a talented team across functions and tap into the plethora of content in the Indian media industry," said Shaamil Karim, co-founder of Diginoor.

"We are here to build the web 3.0 revolution, homegrown out of India, through cinema and gaming. We are building exciting projects at Diginoor using NFTs and smart contract-powered decentralized gaming. It's time to build cutting-edge technology out of India and compete on a global level," said Yash Rathod, co-founder of Diginoor.

Diginoor also plans to start selling Bollywood NFTs along with exclusive music and celebrity NFTs, added the statement.

Shrabona Ghosh

Correspondent

A journalist with a cosmopolitan mindset. I lead a project called 'Corporate Innovations' wherein I cover corporates across verticals and try to tell stories on innovations. Apart from this, I write industry pieces on FMCGs, auto, aviation, 5G and defense. 
Starting a Business

He Started a Business That Surpassed $100 Million in Under 3 Years: 'Consistent Revenue Right Out of the Gate'

Ryan Close, founder and CEO of Bartesian, had run a few small businesses on the side — but none of them excited him as much as the idea for a home cocktail machine.

News and Trends

Tech Burner's Anarc Smartwatch Achieves INR 3 Cr Sales with USD 1 Mn Investment

Anarc features a patented octagonal design by Thought Over Design and Seymourpowell, with a medical-grade stainless steel body. It includes advanced technology like a Hisilicon chipset, AMOLED display, and seven-day battery life.

Business Solutions

Get Down to Business with Lifetime Access to Microsoft Office 2021 for Mac for 70% Off

Unlock essential Office tools with a one-time purchase — ideal for entrepreneurs and professionals looking to streamline their workflow.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

'Jaw-Dropping Performance in 2024,' Says a Senior Analyst as Nvidia Reports Earnings

Nvidia reported its highly-anticipated third-quarter earnings on Wednesday.

Marketing

4 Neuromarketing Hacks to Reach More People and Maximize Results

You don't need to be a neuroscientist or have a big budget to start upping your conversions immediately.