MoHash Raises $6M in Seed Funding

Arun Devarajan

MoHash, a Bangalore, India-based startup providing access to global capital and liquidity to debt issued by non-bank lenders using DeFi as a tool, raised $6m in seed funding.

The round was co-led by Quona Capital and Sequoia Capital, which participation from Jump Crypto, Hashed Ventures, Coinbase Ventures, Ledger Prime, and CoinSwitch along with  Balaji Srinivasan, Sandeep Nailwal and Jaynti Kanani. 

The company intends to use the funds to expand operations and its business reach.

Founded in 2021 by Arun Devarajan, MoHash is a decentralized finance (DeFi) protocol that harnesses crypto assets (namely, stablecoins) for providing access to global capital and liquidity for private debt in fast growing Economies.