Topics
cryptocurrency | crypto trading | Tiger Global
BS REPORTER
Last Updated at August 11, 2022 00:02 IST
https://mybs.in/2axnn2L
Indian crypto company CoinSwitch has launched a $10 million venture capital fund for investments in early-stage start-ups and building blockchain solutions.
The Web3 Discovery Fund will curate portfolio start-ups and provide single-window access to investor partners Tiger Global, Ribbit Capital, Coinbase Ventures, Sequoia Capital India, Woodstock Fund, Elevation Capital (ex-SAIF partners), and incubation partner Builders Tribe.
“The venture program is a result of our firm belief that India will be the launchpad for population-scale Web3 projects. To realize this vision of #MadeinIndia Web3, we have to identify and enable entrepreneurs and early-stage startups," said Ashish Singhal, co-founder and chief executive officer of CoinSwitch, referring to a version of the worldwide web based on decentralised blockchain technologies.
CoinSwitch was founded in 2017 by Singhal, Govind Soni, and Vimal Sagar Tiwari. It is backed by blue chip investors that include Andreessen Horowitz, Tiger Global, Sequoia Capital India, Ribbit Capital, Paradigm, and Coinbase Ventures, CoinSwitch.
First Published: Wed, August 10 2022. 14:40 IST
Quick Links
Stock Market Live
PORTFOLIO
COMMODITY MARKET
UPCOMING IPO
PERSONAL FINANCE
STOCK MARKET NEWS
DERIVATIVES
MUTUAL FUNDS
GOLD PRICE
SENSEX
Browse STOCK Companies
BROWSE MUTUAL FUNDS
INDEX STOCKS
Copyrights © 2022 Business Standard Private Ltd. All rights reserved. 
