Bitget, a Seychelles-based cryptocurrency exchange, has teamed up with Avalanche, an open-source blockchain platform, to boost grassroots adoption of Web3 technology in India.

This collaboration was announced on April 28, 2025. Both companies have engaged in various initiatives to advance cryptocurrency and its applications. Avalanche has worked with Indian government bodies in projects related to welfare and education. They have also developed multiple decentralized applications to promote Web3 adoption within India.

Previously, Bitget initiated the Blockchain4Youth program, committing $10 million toward scholarships and hackathons over five years.

The enterprise is now negotiating with India’s Financial Intelligence Unit (FIU) to obtain approval for operating within the country. Meanwhile, Avalanche is assisting state governments to incorporate blockchain into public record systems.

“The future of Web3 is borderless — and Bitget teaming up with Avalanche to strengthen India’s Web3 ecosystem proves it. India is home to the next billion users, and whoever builds here builds the future.”
— Victor Chiedu (@KikomuV) April 28, 2025

Jyotsna Hridyani, leading Bitget in South Asia, stated: “Empowering users with the right knowledge is crucial for unlocking the full potential of blockchain in India’s digital future.”

Adding to this, Devika Mittal of Ava Labs mentioned, “Our objectives with these events are to create inclusive spaces for web3 enthusiasts across India to connect and innovate.” Both companies recognize India’s potential as a vital market for expanding their Web3 ecosystem and plan to collaborate through 2025.

Logistics Of Bitget - Avalanche Partnership
Both firms are launching a series of awareness workshops branded as the “HODL ON” tour throughout 2025, aimed at educating the Indian public about crypto safety and blockchain technology.

The initiative will serve as a platform for Indian Web3 startups to showcase their ideas and explore funding opportunities. Two successful community gatherings have already transpired in Delhi and Bengaluru, representing an initial outreach phase. Bitget and Avalanche are optimistic that, with adequate support, Indian tech talent can drive the development of Web3 applications.

“Delhi showed up and HOW! The largest web3 gathering I’ve attended in Delhi so far. Absolutely electrified by the crowd – web3 Delhi here we come.”
— Devika Mittal 🔺 (@MittalDevika) April 22, 2025

India is on the path to becoming a global hub for Web3 developers. Projections indicate that by 2028, India may surpass the United States in this domain, with a 28% growth in its Web3 developer community reported in 2024, contributing over 4.7 million developers on platforms like GitHub.

Web3 Gaming And Loyalty Programs Gain Ground In India
Leading corporations, such as Reliance Jio and Flipkart, are utilizing Web3 technology to enhance consumer engagement. Jio, in collaboration with Polygon Labs, has introduced a blockchain-based loyalty program for its extensive user base, while Flipkart has integrated over 3.6 million blockchain wallets.

With enterprises rapidly adopting blockchain, regulatory uncertainty remains a hurdle. Indian authorities differentiate between blockchain technology and cryptocurrencies, promoting blockchain innovation while imposing strict regulations on digital assets.

Key Takeaways

• The collaboration between Bitget and Avalanche aims to foster grassroots Web3 education in India.
• Bitget is negotiating with the FIU for certification to operate legally in the country.
• Flipkart has incorporated over 3.6 million blockchain wallets into its platform.