CoinSwitch launches Web3 Discovery Fund for Indian Start-ups

CoinSwitch, the Crypto investing app has announced the launch of Web3 Discovery Fund, the company’s corporate venture capital initiative.The fund will invest in and incubate early-stage startups building blockchain solutions for the rapidly evolving Web3 landscape. 

The Web3 Discovery Fund will curate portfolio startups and provide single-window access to marquee investor partners Tiger Global, Ribbit Capital, Coinbase Ventures, Sequoia Capital India, Woodstock Fund and Elevation Capital (ex-SAIF partners), and incubation partner Buidlers Tribe.

CoinSwitch Web3 Discovery Fund will also be an AWS Activate Provider. The fund’s early-stage portfolio startups can apply for AWS Activate Portfolio and receive AWS credits, technical support, training, resources, and more to accelerate their growth. Web3 Discovery Fund will be an active investor and provide strategic support for the rapid growth of the portfolio startups. Founders and builders can pitch at ventures@coinswitch.co.