MetaMap (formerly Mati), startup that builds a merit-based trust and reputation infrastructure layer to help companies transition to a borderless economy, announced that it has raised 530 crores in Series B funding. The funding is led by Tribe Capital, with participation from Craft Ventures, Alameda Research (FTX), Titan Capital, and prominent angel investors including Jerry Murdock, founder of Insight Partners.
The new capital brings the company’s total funding to date to 630 crores, and will be used to invest in product development and furthering its international expansion as it furthers its mission to help billions of people unlock online services and experience upward mobility.
MetaMap is building their flagship tech hub in India, with over 30 employees already across offices in Bangalore and Gurgaon, and a plan to 5x headcount in India this year. The company is also announcing a number of partnerships with leading Indian fintechs, marketplaces and crypto exchanges in 2022.
Read more: cxooutlook