Blockchain Startup TheRollNumber Closes Pre Seed funding Round

Blockonomics is a decentralized and permissionless bitcoin payment solution
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TheRollNumber focuses on Digitisation of data not restricted to schooling levels/Commencement certificates but in addition prolonged to employment, delivery certificates and plenty of extra additionally offering background verification service for employers in 60% much less time and 40% decrease prices

TheRollNumber, a platform that verifies, attests and points blockchain-based credentials has closed a Pre-Seed funding spherical, led by India Accelerator, Artha Enterprise Fund and Rudraksh ventures. Based in 2020 by Sai Raghavendra Sharma, Accelerated by India Accelerator and a DPIIT accepted enterprise, TheRollNumber focuses on Digitisation of data not restricted to schooling levels/Commencement certificates but in addition prolonged to employment, delivery certificates and plenty of extra additionally offering background verification service for employers in 60% much less time and 40% decrease prices.

The injected funds shall be used for product growth and deployment. The Govt. of India is bullish on Blockchain and its use circumstances, and TheRollNumber has already initiated its conversations with the respective departments. India has near 900+ universities and 30% of the schools do have correct infrastructure for digitisation and verification providers. TheRollNumber helps all the academic establishments digitise their data freed from value and is inserting them on TheRollNumber’s blockchain community. The blockchain startup is bringing India’s first credential monitoring system which helps people management their knowledge and make them perceive the worth of information.

In a press release, Sai Raghavendra Sharma, Founder, TheRollNumber says, “India’s credential system is extraordinarily delicate and fragmented space. We consider, blockchain may carry a big impact and assist cut back the pretend and fraudulent credentials circulating available in the market. Bringing a decentralised system would profit quite a bit in such delicate areas.The Indian authorities has recognised the necessity for stronger technology-led interventions for the more and more essential digitisation area.” TheRollNumber was chosen within the high 100 startups in MSINS MSW organized by the Govt. of Maharashtra within the area of Governance.

Mona Singh, Co-Founding father of IA stated, We’re elated to put money into The RollNumber because the blockchain section has erupted the tech trade and comping up with the brand new improvements. After witnessing the businesses quick income development and strategic dedication to their product, we had been decided to led this spherical into the startup . Anirudh A Damani, Managing Accomplice, Artha Enterprise Fund, stated, “This our first funding from the Artha Entry program. This system focuses on the pre-seed funding section by means of associations with numerous accelerator applications. We’re thrilled with this partnership, and we sit up for supporting extra investments by means of established accelerators like India Accelerator.”

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“The bodily restrictions over the previous 18 months have created boundaries for efficient background screening of candidates. The crew at TheRollNumber removes these boundaries with their cost-friendly proposition offering vital time-saving. This funding spherical suits properly into our funding ethos of fixing an actual human drawback by leveraging cutting-edge expertise”, he added.

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