Moreover, the startup aims to hire talent across functions like the product, engineering, and marketing. Currently, India constitutes 70% of its total workforce.
A brainchild of India-origin founders Pratik Gauri and Prateek Dwivedi and later joined by web3 financier Vilma Mattila, 5ire had earlier raised a funding of $21 million in its seed round at a valuation of $110 million from Alphabet, Marshland Capital, Launchpool Labs, Moonrock Capital, among others.
5ire is a blockchain ecosystem that focuses on sustainability, technology and innovation to build the 5th industrial revolution (5IR). It empowers decentralised autonomous organizations (DAOs) and working groups to help accelerate the implementation of the United Nations’ Sustainable Development Goals (SDGs), therefore facilitating the transition from the 4IR to 5IR.
recently, on 13 July OneCard entered in Unicorn list with raises of over $102 Mn at $1.2 Billion valuation.