Binocs raised $4 million in seed led by BEENEXT

September 22, 2022

, By Sarika Parmar

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Crypto taxation and Web3 portfolio tracking platform Binocs raised $4 million in seed led by BEENEXT where Arkam Ventures, Accel, Saison Capital, Premji Invest, Blume Ventures, and Better Capital also participated.

Binocs aims to make tax and compliance easier for Indian retail cryptocurrency investors. The startup simplifies crypto investors’ accounting and aggregates various Web3-based investments such as NFTs, DeFi Protocols, and Smart Contracts. The funds will be used to expand the startup’s product, engineering, growth, and marketing teams. It is also expanding its operations in the United States, the United Kingdom, South Africa, and Australia, and it is targeting institutional investors.

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Binocs raised $4 million in seed led by BEENEXT

September 22, 2022

, By Sarika Parmar

Crypto taxation and Web3 portfolio tracking platform Binocs raised $4 million in seed led by BEENEXT where Arkam Ventures, Accel, Saison Capital, Premji Invest, Blume Ventures, and Better Capital also participated.

Binocs aims to make tax and compliance easier for Indian retail cryptocurrency investors. The startup simplifies crypto investors’ accounting and aggregates various Web3-based investments such as NFTs, DeFi Protocols, and Smart Contracts. The funds will be used to expand the startup’s product, engineering, growth, and marketing teams. It is also expanding its operations in the United States, the United Kingdom, South Africa, and Australia, and it is targeting institutional investors.

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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Previous News

Agritech startup Deep Rooted raised $12.5 million in Series A led by IvyCap

Next News

Proton removes its physical servers from India due to the country’s “regressive new surveillance law”

More like this

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