About Polkarare
Polkarare is a company based in Mumbai (India) founded in 2021 by Pramod Mahadik. Polkarare has raised $2 million across 2 funding rounds from investors including DAO Maker, Playcent and Astronaut. Polkarare operates in a competitive market with competitors including Ripple, Compound, Axoni, Injective and Pi Network, among others.
- Headquarter Mumbai, India
- Founders Pramod Mahadik
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Sectors
TechnologyFinancial Services
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Email
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$2 M (USD)
in 2 rounds
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Latest Funding Round
$2.2 M (USD), Token Sale
May 11, 2021
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Investors
DAO Maker
& 25 more
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Employee Count
Not available
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Funding Insights of Polkarare
Polkarare has successfully raised a total of $2M across 2 strategic funding rounds. The most recent funding activity was a Token Sale round of $2.2 million completed in May 2021. 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 Polkarare
Polkarare has secured backing from 26 investors, including venture fund and institutional investors. Prominent investors backing the company include DAO Maker, Playcent and Astronaut.
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Blockchain and digital asset startups are invested in by DFG.
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Blockchain sectors are targeted for investments by AU21 Capital.
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Investor details for Polkarare
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Investments & Acquisitions by Polkarare
Investment portfolio details for Polkarare
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Financial Statements - Polkarare
Detailed financials for Polkarare
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Polkarare Comparisons
Peer comparison for Polkarare
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Competitors of Polkarare
Polkarare 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 Ripple, Compound, Axoni, Injective and Pi Network, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Blockchain-based payment network for cross-border transfers is developed.
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P2P lending platform based on the Ethereum blockchain
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A blockchain network for capital markets is operated.
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Programmable processor architecture is developed for energy-efficient computing.
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Provider of blockchain-based platform offering to mine coins
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Blockchain network platform developed for finance sector applications.
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Detailed competitors of Polkarare
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Latest news on Polkarare
Complete news archive for Polkarare
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Frequently Asked Questions about Polkarare
Polkarare was founded in 2021.
Polkarare is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Pramod Mahadik is the current CEO of Polkarare. They have also founded this company.
Polkarare is a funded company, having raised a total of $2M across 2 funding rounds to date.
Polkarare was founded in 2021 in Mumbai, India, within the blockchain sector. Non-fungible tokens are supported through various services, including an NFT wallet for asset storage, collateralized loans backed by NFTs, collections encompassing art, music, and sports cards, and a multichain marketplace for transactions and exchanges. Operations focus on decentralized management of digital assets across chains.
Polkarare has 26 investors. Key investors include DAO Maker, Playcent, Astronaut, Icetea Labs, and DFG.