Algorand to drive Web3 adoption in India through key partnerships
In an announcement sent to Cointelegraph, the Algorand team said that it partnered with Jawaharlal Nehru Technological University Hyderabad and the Indian School of Business with the intention of launching educational programs. This includes programs for both faculty development and student developer training. In addition, the firm will also be hosting a master class for businesses looking to dive into the Web3 space.
Anil Kakani, Algorand's recently-appointed country head for India, said that the partnerships aim to build sustainable impact. He explained:
Algorand Foundation announced several partnerships in India, including collaborations with schools to develop educational programs that will help grow Web3 in the country.
Apart from the educational sector, the company is also trying to tap into the country’s startups. Algorand also announced a partnership with T-Hub, an innovation center based in Hyderabad. According to T-Hub CEO M. S. Rao, the partnership will help local startups access capital from across the world and scale their projects globally.
The Algorand foundation also became the technology partner for a Global Climate Resilience Fund launched by the Clinton Foundation. The fund will contribute to helping local businesses connect with carbon markets and monetize carbon credits. Through seed investments and accelerator programs, the firm will support women-led businesses tp increase financial inclusion. Algorand Foundation CEO Staci Warden said:
Warden mentioned that the partnerships will help blockchain live up to its potential and aid the local ecosystem in becoming a more inclusive economy.
Related: Algorand Foundation outlines $35M exposure to crypto lender Hodlnaut
The Algorand Foundation has been
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