Gurgaon-based blockchain startup Insino Ventures has raised an undisclosed amount of angle funding from a pool of HNIs, said a statement from the company. Insino Ventures will use the funds for expanding to new geographies, strengthening its product and developing technology. The company is also looking to invest in international market by the end of this year.
Insino Ventures was founded by Animesh Joshi and Sanjay Goswami in 2018. The Gurgaon and Jaipur headquartered firm deals in blockchain and ecommerce platform. The company provides services in the area of emerging technologies like AI, machine learning and blockchain.
The startup claims to have good portfolio of clients including idea stage startups to well-established companies. The company said that it has a dedicated product development team working on major flagship products, out of which one will be soon production ready and will go live by the end of this quarter.
Animesh Joshi, the Co-founder of Insino Ventures said” We are grateful that the investors have shown interest in our dreams. We will work towards abridging our technology. The company aims to use the funds to invest in marketing and spread the company’s products abroad.This funding is a significant milestone in allowing us to expand the business, strengthen development and create value in the market with our features.
“We at Insino Ventures love technology and how the world is being made a better place to live via embedding tech into our daily lives, we are eager to see ourselves disrupting one industry at a time till we make a noticeable difference into common people’s lives,” he said.
“We have full faith in the entire leadership of Animesh who got promising plans to get a bigger slice in the blockchain & ecommerce industry. We know Animesh from a long time and have seen him write code endlessly, we invested in the core team of Insino Ventures, in which we believe, that they will surely accomplish what they say,” said Ashok Bhargava.