1,000+ startups, 35M+ traders, India's Web3 ecosystem expands, leading emerging market for blockchain developers.

India's Web3 ecosystem has expanded with over 1,000 startups and more than 35 million traders, according to a report by Hashed Emergent, a Web3 venture capital firm. The country's share of blockchain developers has risen from 3% in 2018 to 12% last year, making it the top emerging market. The report highlights India's rapid adoption of Web3 technologies and its potential to become a global leader in the field.

April 09, 2024
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