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# Indian crypto startup Rooba Finance secures $1.3 million in funding
- URL: https://www.techloy.com/indian-crypto-startup-rooba-finance-secures-1-3-million-in-funding/
- Published: 2022-06-17T09:26:18.000Z
- Updated: 2022-12-08T01:32:03.000Z
- Author: Oluwajuwonlo Afolabi
- Tags: / Crypto

[Rooba Finance,](https://www.rooba.finance/) a crypto startup based in India has secured $1.3 million in its seed round funding led by Inflection Point Ventures. 

- The fund will be used to develop its platform, set up a licensed platform abroad, and enable a global go-to strategy.
- The firm secures digital assets for family offices, institutions, HNI's, and Hedge Funds using a multi-party computation custody network and makes trade strategies on DeFi apps, with a single platform.
- It also lets institutions tokenize their physical assets for efficient and transparent markets.
- Lets Venture, Endurance Capital, Kube VC, and angel investors participated in the round.