“Web3, Blockchain set to be key contributors to India’s future GDP growth,” say India’s top tech experts

Web3, supported by underlying blockchain technology, has been pursued by the global industry in many sectors such as FinTech, as well as by government bodies, to promote safe, secure, and well-documented transactions in real estate, among others. India, at the forefront of various IT sectors, has been actively pursuing this amazing technology for the past … Read more

Matrix Partners India Leads $4M Funding Round for Blockchain Supply Chain Platform Emtech

Investment firm Matrix Partners India has led a $4 million seed funding round for New York-based Emtech, a fintech company focused on modernizing central banks for financial inclusion and resilience. Other investors in this round include BTN, VestedWorld, Equity Alliance, and Lofty. Emtech will use the newly acquired funds to further develop its infrastructure tools … Read more

Crypto Fantasy GameFi, Kandle, Raises $1.7 Mn in Seed Funding

Kandle.xyz, an exciting crypto fantasy GameFi project hailing from Singapore, has recently announced the successful closing of a USD 1.7 million seed round, with Saama leading the investment. The funding injection will be utilized to further develop the platform and expand its user base, with a special focus on their flagship product, ‘Crypto Fantasy Leagues.’ … Read more

Blockchain Founders Fund Receives Backing from Octava

Blockchain Founders Fund , a venture capital fund that focuses on early-stage Web3 startups globally has received funding from Octava Digital Assets, the digital asset team of the Singapore-based family office Octava which invests across the spectrum from seed to publicly traded cryptocurrencies. Octava joins the lineup of distinguished investors of BFF including Shima Capital, NEO Global Capital (NGC), Tsangs Group, Baksh Capital, … Read more

Polygon Partners With Blockchain Founders Fund to Empower Web3 Entrepreneurs

Blockchain Founders Fund (BFF), a Singapore-based Venture Capital Fund that focuses on early-stage Web3 and blockchain startups globally, today announces that Polygon, an Ethereum scaling platform onboarding millions to Web3, has made a strategic investment into their Fund II to diversify the company’s holdings and advance the mainstream adoption of blockchain technology. Blockchain Founders Fund boasts an … Read more

Blockchain-based data privacy firm VeriSmart acquires AI communication platform DolphinChat

Blockchain-based Data Exchange Platform, VeriSmart has announced the acquisition of Delhi-based Conversational AI platform, DolphinChat (Formerly CivilCops). VeriSmart will be investing Four million US Dollars in the DolphinChat platform over the next 24 months. DolphinChat’s core team will be joining VeriSmart. “DolphinChat platform will get access to millions of consumers that are part of VeriSmart’s industry … Read more

Inery Blockchain Closes Strategic Partnership and Investment with Truth Ventures Fund

Inery, a Decentralized Data System, has announced a partnership and an investment coming from Truth Ventures, uniting two companies on their path to streamline decentralized database adoption. Inery takes a different approach to decentralizing data and data management for both Web2 and Web3 companies, while streamlining the shift to the decentralized web. Its security, scalability features, … Read more

KuCoin announces $10 mn strategic investment from SIG

Susquehanna International Group (SIG), one of the largest quantitative trading firms, has made a strategic investment in KuCoin, a global cryptocurrency exchange. Aside from a 10-million-dollar investment, the two parties will collaborate on blockchain startup incubation and the development of the KCS and KCC ecosystems. KuCoin will use the funds to improve platform infrastructure and … Read more

Blockchain gaming site Haste Arcade raises $1.5M in oversubscribed fundraising round

Haste Arcade has just closed its $1.5 million seed round. The fundraising was oversubscribed, Haste was able to exceed the $1 million target that it had set for itself. “We were originally seeking $1MM to lay a good solid foundation for the product/vision and then have some working capital to start testing our assumptions around product/market fit, specifically with … Read more

Coins.ph Partners with Fireblocks to Enhance Security for Crypto Asset Management

Coins.ph, the Philippines’ leading fiat and crypto wallet services provider, announced today that it has partnered with the award-winning provider of digital asset and crypto technology, Fireblocks, integrating Fireblocks’ custody management into Coins.ph’s platform, maximizing users’ security in crypto operations and storage. Leveraging Fireblock’s latest MPC-based solutions, Coins.ph is able to improve the security, efficiency, … Read more

Bit.Store and Qtum, Marching Towards Internationalization

QTUM, an open-source public blockchain platform, will be partnering with global digital asset investment platform Bit.Store. As per the partnership, Qtum will access the payment ecosystem of Bit.Store, while Bit.Store will incorporate the QTUM token into the platform system. Bit.Store has accumulated hundreds of thousands of users and is popular in the Southeast Asian market. … Read more

Fortis Digital Ventures raises $100 million funds focused on altcoins

Fortis Digital Ventures is raising $100 million for an altcoin-focused digital assets fund. The fund attempts to bridge the gap between traditional and decentralised finance, according to a statement provided with CoinDesk by the company. Fortis Digital Ventures was founded by the managing partners of Fortis Financial Group, a Seattle-based investment firm with over $250 … Read more

Bollywood actress Sonam Kapoor invested undisclosed amount in Blockchain-based game MechaFightClub

Sonam Kapoor, a Bollywood actress, has invested an unknown sum in online gaming firm Irreverent Labs’ blockchain-based game MechaFightClub (MFC). According to the US-based firm, MechaFightClub is a metaverse gaming platform with each character in the game being an individually unique, artificially intelligent non-player-character (NPC) living on blockchain as an NFT. Irreverent Labs, founded in … Read more

Web3 Platform Fanztar raised ₹5 Cr in Seed funding

Fanztar, a web3 platform for the creator economy, revealed  that it has raised Rs 5 crore in seed funding lead by India Quotient, a seed-to-early-stage venture capital firm with over 100 firms under its belt. Himanshu Garg (CEO) and Sahil Singla, both IIT Delhi graduates, launched Fanztar (CTO). Ankush Sachdeva, Bhanu Pratap Singh, and Farid … Read more

Polygon and AlmaBetter partner to impart Web3 education

AlmaBetter, a leading tech upskilling platform, and Polygon, the leading Ethereum scaling blockchain company, announce their partnership to offer programs in blockchain and Web3 development. Polygon will be AlmaBetter’s official curriculum and hiring partner. Polygon has specially curated and designed programs for students and young professionals keeping in with current industry requirements and demand. The … Read more

Airtel acquires strategic stake in blockchain technology startup Aqilliz

Bharti Airtel (“Airtel”), India’s premier communications solutions provider, announced that it has acquired a strategic stake in Aqilliz – a Blockchain as a Service Company under the Airtel Startup Accelerator Program, subject to applicable statutory approvals. Singapore-based Aqilliz has developed a patented hybrid blockchain platform, Atom that integrates differential privacy and federated learning on a … Read more