Polygon has partnered with technology management firm Lumos Labs to launch PolygonLEAP 2021 Accelerator. This partnership will support Indian startups that want to start their Web3 journey, build innovative token economies, and get access to mentorship, ecosystem and marketing support. Elevation Capital, Lightspeed, Jump Capital, Woodstock Fund, Sino Global Capital, and Builders Tribe join as investment partners and mentors. A grant amount of $250,000 has been set aside from Polygon for Indian startups that build projects on Polygon. These investments are contingent on the due diligence process, and the investment thesis fit with refusal rights afforded to both the funds and the founders.
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