Crypto trading platform Carret raised an undisclosed amount from Sandeep Nailwa and others

August 12, 2022

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Crypto trading platform Carret raised an undisclosed amount of pre-seed funding from a clutch of investors, including Polygon cofounder Sandeep Nailwal, former BlackRock executive Yan Wu, and Amesten Capital.

Users of the cryptocurrency trading platform Carret can transact in more than 100 coins. 24Carret, the company’s flagship product, asserts to provide an annual percentage yield of up to 17%. (APY). Carret plans to use the investment to improve business processes and expand its product and strategy verticals. The money will also be used to extend the company’s presence outside of India and hire top talent from around the world. The funds will also be used to develop a secure app and to meet marketing needs.

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