Indian blockchain startup Frex has successfully raised $1.05 million in a Pre-Seed funding round, equivalent to 95 million Indian rupees. The funding was led by Zeropearl VC and White Venture Capital, with additional support from angel investors. Frex is developing a real-time remittance platform leveraging blockchain technology to enhance cross-border payment efficiency and reduce transaction costs. The platform is specifically designed to benefit migrant workers and overseas laborers by integrating with local banking systems.