3| KoineArthĭr Praphul Chandra, professor at Insofe institute, started KoineArth in 2017 to work at the crossing of blockchains, AI and Mechanism Design. Instadapp raised $2.4 million in a seed round of funding by Pantera Capita, Naval Ravikant and Coinbase Ventures.
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The platform eliminates the process it takes to launch a decentralized application by removing the need to learn solidity or go through the tedious process of endless debugging and allows users to innovate and execute rapidly. This is done using smart contract accounts owned by users to manage and optimize their funds across any number of protocols. Instadapp provides users and developers with a single point of integration to access all the Defi protocols.
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InstaDapp aims to drive interoperability between various DeFi blockchain protocols for ease of app development, allowing developers to start leveraging its full potential. Hyderabad-based Instadapp is one of the most prominent decentralized finance platforms on Ethereum. CoinDCX raised 5.5 million investment so far from leading venture capital firms such as Polychain Capital, Coinbase Ventures, Bain Capital Ventures and HDR Group. Apart from this, the startup has also introduced DCX Learn, a platform for people through which they can gain knowledge about cryptocurrency and blockchain technology. The platform’s other product is Lend, which is a credit facility to help users earn interests on cryptocurrencies. Users can buy and sell more than 100 coins instantly with INR. Its proprietary aggregation model offers the highest liquidity from leading global crypto exchanges. Apply> 1| CoinDCXĬoinDCX was launched in April 2018 by Neeraj Khandelwal and Sumit Gupta in Mumbai. The startup provides users with single-point access to a diverse suite of crypto-based financial products and services that are backed by security processes and insurance. Please note that the startups appear in alphabetical order. The following startups work across different domains including exchanges, and DeFi platforms, smart contracts and layer 2 scaling solutions. Nevertheless, in this article, we bring to you some of the the leading blockchain startups based out of India, and their unique role in the crypto-economy. According to analysts, a proper regulatory framework can promote innovative blockchain startups. The main reason behind the fact is that there has been regulatory clarity on the use of public blockchain networks in India for years. While blockchain technology is developing fast around the world, and there are not many Indian startups working in distributed ledgers.
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