Web3 Startup Cultos Global Raises Funding From Boat Founder Sameer Mehta, Others
09/15/23, 3:32 PM
Location
dubai
Industry
marketing
Dubai-based Web3 startup Cultos Global, with offices in Dubai, has raised an undisclosed amount in its current investment round.Sameer Mehta, founder and CEO of Boat; Tarun Katial, founder and CEO of Coto; Ashwath Bhat, finance head at Fractal Analytics; and Vijay Ratnaparkhe, head of Bosch Southeast Asia, participated in the investment round.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteIndian School of BusinessISB Digital Marketing and AnalyticsVisitNorthwestern UniversityKellogg Post Graduate Certificate in Digital MarketingVisitIndian School of BusinessISB Applied Business AnalyticsVisitIndian School of BusinessISB Digital TransformationVisitRatnaparkhe will also join the company's advisory board along with his investment.The fund raise will help Cultos Global expand its product and engineering teams throughout the UAE and India, as well as accelerate the development of its platform by integrating a number of fresh, cutting-edge functions.These prominent names join forces with a list of several San Francisco-based investors and existing stakeholders that continue to support the vision of Cultos Global as they look to transform the way brands engage their customers.Powered ByVideo Player is loading.Play VideoPlaySkip BackwardMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently behind liveLIVERemaining Time -0:00 1xPlayback RateChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions and subtitles off, selectedAudio TrackPicture-in-PictureFullscreenThis is a modal window.No compatible source was found for this media.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanOpacityOpaqueSemi-TransparentText BackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanOpacityOpaqueSemi-TransparentTransparentCaption Area BackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanOpacityTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.AdvertisementCultos Global Co-Founder and Chief Commercial Officer Adib Samara states, "Cultos Global is reshaping brand-customer engagement by introducing an elegant, unified platform that seamlessly combines digital marketing and customer rewards programs, transforming passive consumers into a network of active nano-influencers."Discover the stories of your interestBlockchain5 StoriesCyber-safety7 StoriesFintech9 StoriesE-comm9 StoriesML8 StoriesEdtech6 StoriesCultos Global provides brands with the tools to create their own brand token and set up their rewards systems in a matter of minutes and drive adoption from the bottom up, leading to greater efficiencies, better conversion rates, and increased sales.On the fund injection from prominent angel investors, Cultos Global Co-Founder and Chief Executive Officer Pavan Govindan highlights that “Cultos Global is thrilled and excited to have industry leaders on board as we scale up in our journey to provide brands with the ability to effectively bring their rewards, loyalty, and influencer marketing to Web3. This will give brands access to first-party data, but with advanced security and enhanced privacy for end consumers. With strategic investors to support our vision, we are now even more confident in establishing Cultos Global as the preferred Web3 wallet for some of the biggest brands globally.”Tarun Katial, a staunch advocate of Web3 Technology, lends his support, stating, "Cultos Global operates within an ecosystem that prioritizes end-user privacy while providing incentives and empowering brands to engage more effectively