# Shyft: Blockchain, Bengaluru, India

> Shyft: Shyft's blockchain-based network is building unbreachable data protection for industry. Based in Bengaluru, India. Founded 2017.

Source: https://millionrounds.com/startup/shyft-6 (Millionrounds; every figure on the page links to its filing or article)

India · [Blockchain startup](https://millionrounds.com/companies)

# Shyft

Shyft's blockchain-based network is building unbreachable data protection for industry.

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Funding reported Last round: Convertible note

Blockchain Bengaluru, India

Company summary

- **Founded:** 2017 9 years old
- **Team:** 11 11 to 50 people
- **Funding reported:** 15M as listed, currency not stated
- **Last round:** Convertible note Jun 2023

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Shyft has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## What company datasets say Shyft raised

Funding, as reported

Reported in all **15M** in the source's currency

Rounds **6**

Last round **Convertible note**

Last round date **Jun 2023**

Investors listed **11**

## On 2 portfolio pages

Investors who name them

- [Digital Finance Group](https://millionrounds.com/fund/digital-finance-group)
- [Blockwall](https://millionrounds.com/fund/blockwall)

Each firm lists Shyft on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## Blockchain in India

Startups like it

- [**Drift Protocol** Bengaluru · founded 2021](https://millionrounds.com/startup/drift-protocol)
- [**Aver Technology Limited** Mumbai · founded 1980](https://millionrounds.com/startup/aver-technology-limited)
- [**ChainSwap** Bengaluru · founded 2020](https://millionrounds.com/startup/chainswap)
- [**Technocrypt** founded 2020](https://millionrounds.com/startup/technocrypt)
- [**Harmony Launcher** Pune](https://millionrounds.com/startup/harmony-launcher)
- [**LBM Solutions** Mohali · founded 2021](https://millionrounds.com/startup/lbm-solutions)
- [**TriggerZ** founded 2022](https://millionrounds.com/startup/triggerz)
- [**Sentel** founded 2021](https://millionrounds.com/startup/sentel)

## Is this your company?

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