About Arcana Network
Arcana Network is a company based in Bengaluru (India) founded in 2021 by Abhishek Chaudhary, Aravindh Kumar, and Mayur Relekar was acquired by Avail in August 2025. It operates as a Blockchain-as-a-Service. Arcana Network has raised $2.68 million across 3 funding rounds from investors including Republic, Avail and Digital Currency Group. Arcana Network offers products and services including Chain Abstraction, Wallet Auth, SendIt, and Token Staking V2. Arcana Network operates in a competitive market with competitors including Braavos, Trust Wallet, Argent, Leap Wallet and Bitski, among others.
- Headquarter Bengaluru, India
- Founders Abhishek Chaudhary, Aravindh Kumar, Mayur Relekar
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Sectors
Technology
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- Legal Name Arcana Technologies Ltd.
- Jurisdiction Pondicherry, Pondicherry, India
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Products & Services of Arcana Network
Arcana Network offers a comprehensive portfolio of products and services, including Chain Abstraction, Wallet Auth, SendIt, and Token Staking V2.
Chain abstraction solutions are provided for Web3 developers.
Wallet authentication services are offered for secure access.
SendIt service is designed for Web3 token transfers.
Token staking solutions are provided for user engagement.
People of Arcana Network
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Creative and Marketing Team
2 people
Co Team
1 people
Leadership Team
1 people
COO Team
1 people
Brand Team
1 people
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Funding Insights of Arcana Network
Arcana Network has successfully raised a total of $2.68M across 3 strategic funding rounds. The most recent funding activity was a Token Sale round of $1.01 million completed in April 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Arcana Network
Arcana Network has secured backing from 25 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Republic, Avail and Digital Currency Group.
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Woodstock is engaged in investing in Web 3.0 technologies.
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Early-stage venture capital firm investing in the US and UK
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Potato farming, grain marketing, and equipment services in Maine.
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Investor details for Arcana Network
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Investments & Acquisitions by Arcana Network
Investment portfolio details for Arcana Network
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Financial Statements - Arcana Network
Detailed financials for Arcana Network
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- Profit trends
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Arcana Network Comparisons
Peer comparison for Arcana Network
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Competitors of Arcana Network
Arcana Network operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Braavos, Trust Wallet, Argent, Leap Wallet and Bitski, among others.
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Self-custodial mobile wallet for crypto and NFTs is provided.
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App-based wallet to send, receive and store digital assets
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Mobile wallet for cryptocurrency and NFTs is provided.
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Non-custodial wallet for cryptocurrencies and NFTs is offered online.
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A cold wallet for managing cryptocurrencies and collectibles is provided.
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Decentralized network is operated to connect wallets, apps, and users.
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Detailed competitors of Arcana Network
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Latest news on Arcana Network
Complete news archive for Arcana Network
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Frequently Asked Questions about Arcana Network
Arcana Network was founded in 2021.
Arcana Network is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Mayur Relekar is the current CEO of Arcana Network. They have also founded this company.
Arcana Network is a funded company, having raised a total of $2.68M across 3 funding rounds to date.
Arcana Network is engaged in providing Web3 technology solutions for developers and users. Services are offered in chain abstraction, wallet authentication, token staking, and transfer solutions. The company operates within the blockchain sector, aiming to simplify Web3 adoption. The team and technology have been migrated to the Avail Project as of August 2025 following an acquisition.
Arcana Network's top competitors include Trust Wallet, Argent and Braavos.
Arcana Network offers Chain Abstraction, Wallet Auth, SendIt, and Token Staking V2.
Arcana Network has 25 investors. Key investors include Republic, Avail, Digital Currency Group, Paradigm Shift Capital, and Woodstock.