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[Funding alert] Cricketer Sachin Tendulkar Invests in NFT Startup Rario

By Viestories
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Sachin Tendulkar, the master blaster, invested in the cricket-focused NFT platform Rario through equity finance.

Sachin Tendulkar, the master blaster, invested in the cricket-focused NFT platform Rario through equity finance.

Rario will now make Tendulkar's unique digital collectibles available on its marketplace, as per reported by Inc42.

Ankit Wadhwa and Sunny Bhanot, both IIT grads, founded the licensed digital collectibles platform Rario in 2021. Cricket enthusiasts may trade and collect cricket NFTs on this platform.

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“It is exciting to see NFT technology bringing fans closer to sports, giving them an opportunity to treasure their favourite moments. The team at Rario was committed to building a cricket community using technology. I am therefore happy to partner with the team, to launch my digital collectibles exclusively on the Rario platform,” said Sachin Tendulkar.

RARIO was established with the sole purpose of democratising fandom. Even though they live in a world where mobile devices are the norm and all interactions are basically digital.

“Rario is committed to sustainability. With this objective, we moved our infrastructure to Proof-of-Authority Rario Chain, which translates to greater environmental friendliness and a significantly lower carbon footprint,” said Sunny Bhanot, co-founder and Chief Technology Officer, Rario.

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Rario asserts that it has exclusive relationships with a number of cricket competitions, including the Hero Caribbean Premier League, Big Bash League, Women's Big Bash League, Cricket Australia, and New Zealand Cricket, according to Inc42.

900+ international cricketers and more than 30 exclusive brand ambassadors are on the roster of this Gurugram-based NFT firm.

About Rario

Since its inception, Rario has focused on creating innovative opportunities for cricket lovers and providing sound economic design to the blockchain world.

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The RARIO founding team comprises seasoned serial entrepreneurs with stints across McKinsey, Hindustan Times, Rocket Internet, Google, Helion Advisors Venture Capital, Siemens, PwC Strategy, Strategic Decisions Group, SHELL and educational background including IIT, IIM, and Wharton.

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