CoinSwitch launches Web3 Discovery Fund to invest in 100 Indian startups

CoinSwitch, a Crypto investing app, has launched its Web3 Discovery Fund as a corporate venture capital initiative. The fund will invest in and incubate early-stage startups building blockchain solutions for the evolving Web3 landscape. The Web3 Discovery Fund will curate startups and provide single-window access to investor partners Tiger Global, Ribbit Capital, Coinbase Ventures, Sequoia Capital India, Woodstock Fund and Elevation Capital, and incubation partner Buidlers Tribe. The portfolio startups will benefit from access to CoinSwitch's in-house capabilities, ecosystem network, and user base, accelerating their product life-cycle strategy. Web3 Discovery Fund will also be an AWS Activate Provider.