Haxly Group to Invest $25M as Strategic Funding in IgniteChain for Ecosystem Development

We are excited to announce a collaboration with Haxly Group!

Haxly Group to Invest $25M as Strategic Funding in IgniteChain for Ecosystem Development

The event, Naya Bharat Mahotsavis scheduled from the 8th of September to the 12th of September in London, UK, with the fashion show on Saturday, 10th September 2022, at the Millenium Gloucester Hotel in London Kensington. 

Mr. JM Narola, founder and chief executive officer of IgniteChain, to receive the Best Entrepreneur Award at Naya Bharat Mahotsav 2022.

On the occasion, Mr. Shantanu Chaturvedi, promoter for the Haxly group of companies was awarded as the global entrepreneur under 40 and Global Show Director respectively along with Ms. Liza Varma for her unmatched contribution to the Media industry.

Recently, Mr. Shantanu Chaturvedi, announced his intentions to collaborate with IgniteChain, he will come in as a strategic investor on the board of Ignitechain. Haxly Group is present in the UK, Canada, China, and Dubai, company specializes in Ferrous & Non-Ferrous metals, they also trade in PVC & Plastic products along with fashion Clothing for Women and children in the GCC region.

Shantanu Chaturvedi is keenly evaluating investment opportunities in Ignite Chain. He has consented to invest up to USD 25M in business over the period of the next couple of years. Currently, the team is working on identifying milestones where the business would need capital to fuel growth and expansion.

According to Jagdish Narola CEO of IgntieChain 

"IgniteChain is solely designed for mass market adoption in the area of decentralized finance and enterprise or institutions, by providing lowest cost and yet ultra fast peer-to-peer transactions in the market, where other blockchain networks are still struggling to bring down heavy transaction fees and confirmation time,”