- Rario has raised $120 million in a round led by Dream Capital.
- This strategic alliance will give Rario access to the 140 million user base of
Dream Sports . - Rario claims to have sold over 50,000 NFTs to sports fans across 20 countries.
Dream Capital — the investment and mergers and acquisitions (M&A) arm of Dream Sports — has taken its first step towards the Web 3.0 space with investment in a cricket non-fungible tokens (NFTs) platform Rario.
Rario has raised $120 million in a round led by Dream Capital. This strategic alliance will give Rario access to the 140 million user base of Dream Sports and its subsidiaries
Alpha Wave Global (previously known as Falcon Edge Capital) participated in the round, along with existing investors Animoca Brands, Presight Capital and Kingsway Capital.
Rario was founded in 2021 by Indian Institute of Technology (IIT), Delhi alumni Ankit Wadhwa and Sunny Bhanot. It claims to have the largest share of
The company recently signed one of the world’s largest cricket NFT deals, a multi-year exclusive partnership with Cricket Australia and the Australian Cricketers’ Association to create an Australian cricket metaverse of collectibles and gaming.
NFT is a digital asset that represents internet collectibles like art, music, and games with an authentic certificate…
