# Cymbient Technologies Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cymbient-technologies-private

- Industry: Software
- Headquarters: India
- Website: www.rooba.finance
- Total disclosed funding: $1.3M
- Latest round: Seed (Jun 16, 2022)
- Investors on record: 4

## About

Based in Haryana, India, and founded in 2021 by Srinivas Lingamuthu and Arjun Khazanchi, Cymbient Technologies Private Limited, doing business as Rooba Finance, operates as a platform that provides services to financial institutions and businesses for supporting trade and custody of digital assets. In June 2022, Cymbient Technologies Private Limited raised USD 1.3 million in seed funding led by Inflection Point Ventures, with participation from LetsVenture, Endurance Capital, KubeVC and individual investors.

Rooba Finance offers a blockchain fintech platform for individuals and institutions to store, tokenize, and trade assets securely, fostering impartial trade practises and democratizing access to financial markets.

The company’s product portfolio includes Rooba Guild, a decentralized network of legal and financial validators, Rooba Mint, tokenization engine that brings real-world assets onto the blockchain, Rooba Vault, wallet used for asset storage, and Rooba Trade, a platform for trading tokenized assets.

The company plans to use the June 2022 funding for platform development, setting up a licensed platform overseas and to enable a global GTM.

## Funding rounds

- Seed, Jun 16, 2022, $1.3M — Inflection Point Ventures, Endurance Capital, LVX, Kube VC

## Investors

- Inflection Point Ventures (https://capitalatlas.ai/funds/inflection-point-ventures) — Seed
- Endurance Capital — Seed
- LVX (https://capitalatlas.ai/funds/lvx) — Seed
- Kube VC (https://capitalatlas.ai/funds/kube-vc) — Seed