Bitget has partnered with Avalanche to supercharge Web3 innovation across India. The collaboration will deploy $10 million in funding for scholarships, hackathons, workshops, and mini-grants aimed at nurturing the country’s fast-growing crypto developer community. Initial efforts will concentrate on Delhi and Bangalore — two major hubs in India's tech and crypto scene.

Crypto adoption in India is accelerating at a rapid pace. Recent data from CoinSwitch reveals that Delhi leads the country in crypto investment (20.1%), followed by Bengaluru (9.6%) and Mumbai (6.5%). The majority of investors are young — 75% fall between the ages of 18 and 35. While Bitcoin and Ethereum remain dominant, Dogecoin topped investment charts in 2024, with memecoins like Shiba Inu and Pepe gaining strong traction.

India’s position as a global Web3 powerhouse is attracting renewed attention from international players. In 2025, Bybit re-entered the Indian market, and Coinbase initiated talks with regulators to resume operations. These moves come as India is negotiating a bilateral trade agreement with the United States to secure access to critical tech exports and avoid retaliatory tariffs.

Web3 VC firm Hashed Emergent reports that India now represents 12% of the global Web3 developer pool and was responsible for 17% of all new entrants to the crypto development space in 2024.

Bitget and Avalanche’s strategic investment signals a high-stakes race to dominate India’s emerging blockchain economy — and solidifies the nation’s status as a rising force in the future of decentralized technology.