Graviton To Help Indian Web3 Start-Ups Get Funding
An initiative to assist Indian Web 3.0 start-ups in obtaining funding of up to $50,000 has been announced by the technology and finance company Graviton. Working with venture capital (VC) firms like Hashkey Capital, NGC Ventures, Ascensive Assets, Moonrock Capital, 369 Capital, and Stacker Ventures are among the firm’s clients.
According to Graviton’s programme director Jeffrey Broer, raising capital is difficult, but there are still many VCs with money to spare who will invest in the ecosystem.
However, Broer noted, “You need a great draw and a great vision to actually be able to raise money.”
According to Arpit Nik, Graviton’s co-founder and chief executive, the programme has so far received about 200 applications.
(With inputs from Shikha Singh)
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