In a landmark move for India’s growing blockchain landscape, global crypto exchange Bitget and smart contract platform Avalanche have announced a joint $10 million investment aimed at fostering grassroots Web3 adoption across the country.
The collaboration leverages Bitget’s strength in crypto trading and Avalanche’s technical prowess in blockchain infrastructure to build a strong educational and entrepreneurial foundation in India.
Through this partnership, both entities aim to drive long-term innovation and support developers, students, and entrepreneurs who are shaping India’s digital future in the decentralized space.
Targeted Programs to Empower Builders and Promote Inclusion
The partnership includes the rollout of Bitget’s Blockchain4Youth initiative, which has committed $10 million over the next five years to empower young innovators through scholarships, educational workshops, and hackathons.
In parallel, Bitget’s Blockchain4Her initiative is designed to provide funding and mentorship to women-led Web3 startups, promoting gender inclusion in the blockchain industry.
Avalanche is complementing these efforts with its own grassroots expansion, including collaboration with Indian government agencies on welfare-driven blockchain projects.
A mini-grants program that encourages developers at all stages to build decentralized applications on its platform.
Educational Outreach Through the ‘HODL ON’ Tour
To kick off these initiatives, Bitget and Avalanche launched the ‘HODL ON’ tour with the aim of directly engaging with India’s Web3 community.
The tour’s first two events were held in Delhi and Bangalore, and focused on promoting blockchain literacy and networking opportunities for developers and enthusiasts.
These meetups serve as knowledge-sharing platforms and are part of a broader strategy to host similar events across cities and educational institutions throughout 2025.
By doing so, Bitget and Avalanche hope to create a widespread movement that demystifies blockchain technology and nurtures the next generation of innovators.
Industry Leaders Emphasize India’s Web3 Potential
Leaders from both organizations have expressed strong commitment to expanding their presence in India.
Devika Mittal, Regional Head at Ava Labs, highlighted the country’s dynamic Web3 community and pointed to the upcoming launch of new Layer 1 projects on Avalanche in 2025.
Similarly, Jyotsna Hridyani, South Asia Head at Bitget, emphasized the importance of equipping users with the right knowledge to realize blockchain’s full potential in India’s digital economy.
These statements underscore the belief that India’s technological capabilities, when supported by education and investment, can lead global Web3 innovation.
India Positioned as Global Web3 Innovation Hub
India currently ranks as the number one nation for crypto adoption and the second-largest hub for Web3 developers globally.
With over 1,000 active Web3 startups, the country has already made significant strides in the blockchain space.
Bitget and Avalanche aim to double this number by the end of 2025 through dedicated mentorship, community outreach, and accessible funding channels.
Commenting on this momentum, Akshay Aggarwal of Blockchained India noted that India has the scale and digital infrastructure to lead the next phase of Web3 evolution.
He emphasized that consistent, action-driven support from global players like Bitget and Avalanche could transform the ecosystem from hype to sustainable impact.
Bitget Expands Presence with New Integrations, Partnerships, and Legal Actions
This investment is part of a broader push by Bitget to solidify its footprint in the crypto ecosystem.
The company recently became the first to integrate with Paydify, allowing Bitget Wallet users to conduct real-world transactions with stablecoins, an important step toward mainstream adoption.
In another notable development, Bitget launched a La Liga-themed trading interface, blending sports entertainment with crypto engagement by gamifying trading activities.
However, the exchange also demonstrated its commitment to regulatory integrity by freezing eight user accounts allegedly involved in manipulating VOXEL token trading, which profited the group $20 million.
Legal proceedings are underway, and Bitget has pledged to return recovered funds via user airdrops.
These developments show Bitget’s aggressive growth strategy and its dual commitment to innovation and accountability.