CoinSwitch’s Web3 Discovery Fund to empower as many as 100 Indian startup

New Delhi, Aug 10 : Indias largest crypto investing application CoinSwitch has announced an Web3 Discovery Fund, which will invest in and help incubate startups at the beginning of their development creating blockchain-based solutions for the rapidly changing Web3 landscape.

To achieve this dream of #MadeinIndia Web3 We must find and empower entrepreneurs and early-stage startups to harness the power of Crypto to address real-world challenges specific in India," said Ashish Singhal Co-founder and CEO of CoinSwitch.CoinSwitch Web3 Discovery Fund will also be an AWS Activate Provider.

The funds portfolio startups in the early stages are eligible to apply for AWS the Activate Portfolio program and benefit from AWS credits technical support, technical resources, training and more to help accelerate their growth.Furthermore these portfolio companies will benefit from having access to CoinSwitchs internal capabilities and ecosystem network, as well as an 18 million of its users and will be able to accelerate their products life-cycle strategy.

According to the firm, Web3 Discovery Fund will be a fervent investor and provide strategic assistance to accelerate the expansion of the portfolio companies.Founders and builders can pitch at ventures@coinswitch.co, the company said.na/svn.