Bitget, Avalanche Partner to Boost Web3 Adoption in India

Bitget, a prominent global crypto exchange and web3 company, has announced a strategic collaboration with Avalanche, the leading smart contracts platform known for its speed and reliability. This partnership aims to leverage the combined strengths of both entities to drive grassroots adoption of web3 technology, with a particular focus on the Indian market.

Avalanche has been actively expanding its initiatives in India, collaborating with government agencies on welfare projects and launching a mini-grants program to encourage builders at all stages to develop on their platforms. Bitget, on the other hand, has pledged $10 million over five years through its Blockchain4youth program, offering scholarships, workshops, and hackathons to the web3 community in India and globally. Additionally, Bitget’s Blockchain4Her initiative supports women-led web3 projects worldwide.

The first phase of this collaboration, the ‘HODL ON’ tour, kicked off with meetup events in Delhi and Bangalore. These events aimed to boost education and knowledge about blockchain and cryptocurrencies in the region. Devika Mittal, Regional Head at Ava Labs, highlighted the robust Web3 community in India and the goal of providing a space for web3 enthusiasts to connect and build. She also noted the expected strong activity from builders launching on Avalanche in 2025.

Jyotsna Hridyani, South Asia Head at Bitget, emphasized the importance of empowering users with the right knowledge to unlock the full potential of blockchain in India’s digital future. Bitget is committed to bridging this gap through community programs, university partnerships, and accessible learning tools. The partnership aims to widen the reach of awareness across Indian cities through more events and workshops to educate the youth on the potential benefits and applications of blockchain technology.

Both Bitget and Avalanche have committed to partnering on more initiatives and investments for the rest of 2025. India, being the world’s top nation in terms of crypto adoption and the second-largest market for web3 developers, is seen as a key region for these global organizations. India’s tech talent is capable of delivering world-class web3 applications with the right support, including timely grants, experienced mentorship, and global exposure. The country is home to over 1000 web3 startups, and Bitget aims to double this number in 2025 through dedicated funding and mentorship channels.

The ‘HODL ON’ tour provides a unique platform for web3 startups in India to showcase their work and secure funding to succeed in their respective fields. Akshay Aggarwal, Co-founder and Leading Contributor at Blockchained India, noted that India has a unique opportunity to shape how Web3 delivers real value, especially across consumer and enterprise applications. He emphasized the importance of consistent action and long-term commitment to building a sustainable Web3 ecosystem.

Bitget, established in 2018, is a leading cryptocurrency exchange and Web3 company serving over 100 million users in more than 150 countries and regions. The company is committed to helping users trade smarter with its pioneering copy trading feature and other trading solutions, while offering real-time access to cryptocurrency prices. Bitget Wallet, formerly known as BitKeep, is a world-class multi-chain crypto wallet offering comprehensive Web3 solutions and features.

Bitget has been at the forefront of driving crypto adoption through strategic partnerships, including its role as the Official Crypto Partner of the World’s Top Football League, LALIGA, in various markets, as well as a global partner of Turkish National athletes. Avalanche, known for its revolutionary consensus protocol and novel L1s, enables Web3 developers to launch highly-scalable solutions. The platform uses Proof-of-Stake, allowing tens of thousands of validators to have a say in the system while consuming minimal energy.