As featured in @YourStoryCo, @EntrepreneurIND and more:
We're thrilled to announce investments in five pioneering Web3 startups from the @Algo_Bharat x @THubHyd Startup Lab, each leveraging Algorand’s technology to tackle significant industry challenges:
• LW3: Developing traceability solutions for global trade, addressing counterfeit goods and sustainability. Their "digital passports" on Algorand track EV batteries, among other uses.
• FilmFinance: Transforming film funding with democratized, transparent investment via fractional blockchain-based assets.
• FDP Connect: Digitizing global shipping documents, starting with the bill of lading, to streamline trade and boost efficiency.
• Astrix: Reinventing fan engagement through secure blockchain ticketing and collectibles, enhancing event experiences with exclusive perks.
• ARVO: Empowering manufacturers with blockchain-backed traceability to improve quality control and combat counterfeiting.
Algorand continues to make waves in the world's most populous country with these start-ups 🌏