Bitget and Avalanche Forge Strategic Alliance to Drive Web3 Ecosystem in India

Tech

Bitget and Avalanche Forge Strategic Alliance to Drive Web3 Ecosystem in India

Bitget, a leading cryptocurrency exchange and Web3 company, is proud to announce its strategic partnership with Avalanche, the fastest and most reliable smart contracts platform.

According to the team, this partnership seeks to drive grassroots adoption of Web3 technologies across India by leveraging the combined strengths of both global leaders in digital asset trading and blockchain innovation.

Avalanche is expanding its footprint in India by collaborating closely with government agencies on welfare initiatives and launching a mini-grants program to support developers at all stages. Meanwhile, Bitgets Blockchain4Youth program has pledged $10 million over the next five years, providing scholarships, workshops, and hackathons globally, with a strong emphasis on the Indian market. Notably, the initiative goes a step further by actively empowering women-led Web3 projects worldwide, providing them with the support they need to thrive

The partnership began with the ‘HODL ON’ tour. The tour hosted successful meetups in Delhi and Bangalore—the meetups are imed at educating young developers and enthusiasts about blockchain and cryptocurrencies.

Commenting on the partnership, Devika Mittal, Regional Head at Ava Labs, said:

While commenting on the partnership, Jyotsna Hridyani, the South Asia Head at Bitget, emphasized the importance of equipping users with the necessary knowledge. She highlighted that this knowledge is essential to fully unlock the potential of blockchain technology in India‘s digital future. She further emphasized Bitget’s commitment to bridging the education gap through strategic partnerships with universities, the launch of community-driven initiatives, and providing accessible, high-quality learning resources.

Founded in 2018, Bitget serves over 100 million users worldwide. The platform was created to help users make smarter trades by harnessing the best tools and features on the market. Since its launch, the platform has formed strategic partnerships all aimed at furthering its mission of driving crypto growth.

Avalanche has cemented its position as the worlds fastest and most reliable smart contracts platform. With its revolutionary consensus protocol and cutting-edge Layer 1 innovations, it offers Web3 developers unmatched scalability and ease of use.

Both organizations have committed to expanding these educational initiatives across India through 2025, acknowledging the countrys prominent position in global crypto adoption and its rank as the second-largest market for Web3 developers.

With more than 1,000 active Web3 startups, India presents a unique opportunity for growth. Bitget hopes that these partnerships and more to come will help double this number by 2025. The ‘HODL ON’ tour offers emerging startups a platform to showcase their innovations and secure the support they need for success.