India-focused accelerator Graviton has announced an initiative to help Indian Web 3.0 start-ups get up to US$50,000 in funding. The firm is working with venture capital (VCs) companies such as Hashkey Capital, NGC Ventures, Ascensive Assets, Moonrock Capital, 369 Capital, and Stacker Ventures.
See related article: The last 12 months the year to forget, says India’s WazirX crypto exchange
Fast facts
- “It’s not easy to raise money, but there are still a lot of VCs that have funds available that are going to be poured into the ecosystem,” Jeffrey Broer, program director of Graviton, told Forkast in an interview on Friday.
- “But you need a great attraction and a great vision to actually be able to raise money,” Broer said.
- The initiative has so far received about 200 applications, according to Arpit Nik, co-founder and chief executive of Graviton.
- In August, Indian crypto exchange CoinSwitch introduced a Web3 Discovery Fund with initial capital of US$10 million to back early stage startups.
- See related article: India’s religious festivals coming to a metaverse near your avatar?
- SEO Powered Content & PR Distribution. Get Amplified Today.
- Platoblockchain. Web3 Metaverse Intelligence. Knowledge Amplified. Access Here.
- Source: https://forkast.news/headlines/graviton-help-indian-web3-start-ups-funds/
- 000
- 12 months
- a
- Able
- About
- accelerator
- According
- actually
- and
- announced
- applications
- article
- Assets
- AUGUST
- available
- avatar
- back
- capital
- chief
- Co-founder
- coinswitch
- coming
- Companies
- crypto
- crypto exchange
- Director
- discovery
- Early
- early stage
- ecosystem
- exchange
- executive
- festivals
- Firm
- Friday
- fund
- funding
- funds
- get
- going
- great
- hashkey
- HashKey Capital
- help
- HTTPS
- in
- Indian
- initial
- Initiative
- Interview
- Last
- Lot
- Metaverse
- million
- money
- months
- Near
- Need
- plato
- Plato Data Intelligence
- PlatoData
- Program
- raise
- received
- related
- Said
- So
- so Far
- Stage
- start-ups
- Startups
- Still
- such
- The
- to
- US$10
- VCs
- venture
- venture capital
- Ventures
- vision
- WazirX
- web
- Web 3
- Web 3.0
- Web3
- working
- year
- Your
- zephyrnet