Sequoia Spark’s startup Nume has raised $2 million (around Rs 15.6 crore) from Sequoia Capital India, Beenext, Whiteboard Capital, and several prominent angels.
The startup plans to use the funds to take the product to the market in the next 2-3 months. In its first phase, Nume will support five cryptos including Ethereum.
Founded last year by Madhumitha and Niveda Harishankar, Nume is a layer two protocol that facilitates crypto payments between merchants and buyers.
It will launch two products this year, NumePay, a non-custodial wallet.