The round also saw participation from Contrary Capital, Polygon Fund, Sandeep Nailwal, Abdul Wahab Al-Halabi (MD at Embassy Capital), and others.
Chennai-based Diginoor was founded by two teenage entrepreneurs Shaamil Karim and Yash Rathod in 2021 to make NFT adoption mainstream in India with curated Indian entertainment content adapted for the web 3.0 space. The company said it is carving out space for Indian cinema on the blockchain with the largest collection of Indian entertainment content.
“We started Diginoor to sell NFTs of iconic Indian cinema content, right from Rajinikanth dialogues to metaverse Kabali suits. We plan on using these funds to hire a talented team across functions and tap into the plethora of content in the Indian media industry,” Karim said in a statement.
Some of Diginoor’s partners include India’s oldest and largest production houses like AVM Productions, Reliance Entertainment and other major studios. The company also introduced the option to buy NFTs using debit and credit cards.
“”We’re here to build the web 3.0 revolution, homegrown out of India, through cinema & gaming. We’re building exciting projects at Diginoor using NFTs and smart contract-powered decentralized gaming. It’s time we built cutting-edge tech out of India and compete on a global level,” Rathod added.
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To date, Diginoor has sold out its
first NFT collection from the Rajinikanth starrer Sivaji. They recently launched NFTs from Chandramukhi and Kabali as well which included songs from legends like AR Rahman and metaverse versions of movie set props.
Diginoor also plans to start selling Bollywood NFTs along with exclusive music and celebrity NFTs, giving fans of cinema an opportunity to participate and collect exclusive content.
