According to Foresight News, Moneycontrol reported that CoinSwitch Ventures, the venture capital arm of Indian crypto trading platform CoinSwitch, invested $25 million in 12 startups through its Web3 Discovery Fund, including PYOR, Silence Labs, AirStack, Mohash, Shield, PolyTrade, BitsCrunch and PlayZap, mainly covering blockchain infrastructure, blockchain analysis and real-world asset tokenization.
Foresight News previously reported in August 2022 that according to the Economic Times of India, CoinSwitch announced the launch of the Web3 Discovery Fund, a $10 million Web3 investment fund aimed at investing and incubating more than 100 early-stage startups in the Web3 field. The fund's investor partners include Tiger Global, Sequoia Capital, Coinbase Ventures, Ribbit Capital, and others.
