November 24, 2023
Onboarding new investors at Cultos Global
UAE-based Web3 startup Cultos Global, has raised an undisclosed investment round from the founder and CEO of Boat Sameer Mehta, founder and CEO of Coto “Tarun Katial”, finance head at Fractal Analytics “Ashwath Bhat”, and the head of Bosch Southeast Asia “Vijay Ratnaparkhe”, who will also join the company’s advisory board.

At Cultos Global, a Dubai-based Web3 startup, we are thrilled to announce that we have successfully raised an undisclosed amount in our latest investment round. We are honored to have high-profile investors joining us, including 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, who will also be joining our advisory board.

This investment will enable us to expand our product and engineering teams in the UAE and India, allowing us to integrate cutting-edge features into our platform and further transform the way brands engage with their customers.

As the Co-Founder and Chief Commercial Officer, I, Adib Samara, am proud to share that Cultos Global is revolutionizing brand-customer engagement with a sophisticated, unified platform that seamlessly combines digital marketing and customer rewards programs. This transformation turns passive consumers into an active network of nano-influencers.

At Cultos Global, we empower brands by providing them with the tools to swiftly establish their own brand token and rewards systems, fostering bottom-up adoption. This approach enhances efficiency, improves conversion rates, and boosts brand sales.

Commenting on the investment from our prominent angel investors, our Co-Founder and CEO, Pavan Govindan, expressed, “We are excited to have industry leaders on board as we scale up our mission to offer brands the capability to bring their rewards, loyalty, and influencer marketing to Web3. This grants brands access to first-party data with advanced security and enhanced privacy for consumers. With strategic investors supporting our vision, we are more confident than ever in establishing Cultos Global as the preferred Web3 wallet for major global brands.”

Tarun Katial, a strong advocate of Web3 Technology, added his support, stating, “Cultos Global operates within an ecosystem that prioritizes end-user privacy while providing incentives and empowering brands to engage more effectively. I firmly believe that next-generation loyalty will be pivotal, and Cultos Global stands at its core with its proven web3 technology.”

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