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Rising Bhadohi: Driving Sustainable Growth and Community Empowerment

Rising Bhadohi: Driving Sustainable Growth and Community Empowerment
Rising Bhadohi, the latest edition of the Rising 100 Cities series, was held at Vrindavan Marriage Lawn, Bhadohi. Organized by Network18, presented by Maruti Suzuki, and in partnership with the Ministry of Road Transport and Highways, the event brought together policymakers and industry experts to discuss key focus areas, including Sadak Suraksha (Road Safety), Swachh Bharat (Clean India), Sustainability, and Skill Development.

The event featured a distinguished panel of speakers, including Dr. Vinod Bind (MP), Vishal Singh (DM), Abhimanyu Manglik (SP), Ram Singh (ARTO), Kunwar Virendra Maurya (ADM), and Ashok Kumar (Environment-related). These leaders shared their perspectives on enhancing road safety measures, strengthening environmental sustainability, and fostering skill-based opportunities for local artisans and entrepreneurs.

With Rising Bhadohi, the series showcased how the city is preserving its rich cultural heritage while embracing modern infrastructure and sustainability-driven initiatives. The Rising 100 Cities initiative will continue its journey, with upcoming editions set to highlight cities such as Mirzapur, Solapur, and Kanpur, furthering its mission to spotlight India’s evolving urban landscapes.

Probus Secures $5 Million Funding Led by Unicorn India Ventures to Drive DeepTech Growth

Driving DeepTech Innovation: Probus Secures $5 Million in Latest Investment Round

Mumbai/ New Delhi, 19th Feb 2025: DeepTech Startup Probus Smart Things focused on Smart grid applications has raised $5 million in Series A1 led by Unicorn India Ventures. The round also saw participation from notable US-based and Indian family offices. The current round is a mix of equity and debt financing.

Probus has raised over $8 million in funding till date including the current round.

Funds raised will be used for scaling its current communications tech stack into multiple smart grid and renewable applications along with development of existing expertise into AI integration with its patented communications and networking stacks. The Company will also be investing in scaling its innovative dual communications network interface modules for smart metering currently being deployed across various states in India.

Probus develops integrated hardware and software solutions for utility providers and helps digitize their distribution grid and have a clear visibility of their network through Probus integrated end to end IoT platform. A powerful IOT solution for electricity distribution utilities that helps them achieve distribution grid analytics and automation which subsequently enables a much more efficient distribution of electricity along with quicker restoration of electricity after power disturbances. Probus further enables reduced operations and management costs for utilities, and ultimately lower power costs for consumers.

Commenting on the investment, Anil Joshi, Managing Partner, Unicorn India Ventures, says, “This is our fourth round of investment in Probus as we believe that the company has emerged as a disruptor in the last mile power distribution ecosystem. With the order book standing at Rs 400 crore, it is clear that their understanding of the problem, their ability to provide a tech-backed solution that can be rolled out at scale and AI integration is now a proven approach. While the current product offerings are ahead of available solutions in the market, the team has not only kept innovating to make themselves relevant to the changing requirement but has been continuously investing in R&D to keep coming out with cost effective innovative solutions. We see Probus as one of the category winning startups from our portfolio.”

The company’s last round was in 2023 and since then Probus has built an order pipeline of INR 400 crores growing 10X in revenues while growing 3X Y-o-Y. The Company has filed for 4 patents, tripled the team size and opened a state of the art Innovation Center in Noida along with project offices in Mumbai and Ahmedabad.

Anand Singh, Co-founder CEO, Probus Smart Things, says, “At Probus, our mission is to enable the last-mile digitization of India’s electricity distribution grid, a transformation that is significantly reducing distribution losses at scale and propelling the country toward its Net Zero targets. Our cutting-edge Communications Technologies and Data Analytics lie at the heart of this transformation. Leveraging our strength in diverse communication stacks and deep expertise in network hardware, Probus has evolved into a trusted DeepTech partner for leading customers like Adani Power, Tata Power, and Torrent Power. With this funding, we will focus on scaling our communication technology stack across multiple smart grid applications while expanding our core technology teams.”

Last year, we introduced a game-changing innovation in the smart metering segment with our Dual Communications Network Interface Card. This breakthrough has the potential to revolutionize the smart metering industry by significantly lowering the total cost of ownership for utilities and driving greater customer adoption. Together, we are shaping a future aligned with a more sustainable economy and accelerating progress toward achieving Net Zero targets, he adds.

Probus plans to vertically integrate the dual communication technology to increase its expertise in the domain of communications. At the same time, it aims to disrupt the consumer segment of the energy market using AI and first-hand data availability through its communications technology. Its partnership with key utilities companies such as Adani, Torrent, and Tata Power will help to implement such solutions smoothly.

Probus has redesigned its current product portfolio for Substation Automation and also developed and patented a dual communication technology for smart meters providing guaranteed 100% downlink SLA, this product combines both cellular and Bluetooth technologies into one communication module which in-turn benefits end-consumers resulting in larger adoption of smart meters. With AMI (Automatic Metering Infrastructure) at its peak and RDSS -2 (Revamp Distribution Sector Scheme :- Substation Automation) kicking in, Probus plans to grow 10X in revenues in the next 12 months.

Hyundai Card Welcomes Tom Sachs’ “Space Program: Infinity” World Premiere in Seoul

Driving Strong Cultural Impact: Hyundai Card Hosts World Premiere of Tom Sachs’ Latest Work

SEOUL, February 19th, 2025: Hyundai Card is proud to present “HYUNDAI CARD CULTURE PROJECT 29 TOM SACHS,” from April 25th to September 7th, 2025, at the Dongdaemun Design Plaza (DDP) Exhibition Hall 1. One of contemporary art’s most innovative figures, Sachs brings approximately 200 works to Seoul for the world premiere of his fifth mission to space, Space Program: Infinity.

“HYUNDAI CARD CULTURE PROJECT” is Hyundai Card’s cultural marketing brand dedicated to showcasing innovative and experimental cultural icons across various disciplines, including music, theater, fine art, dance, architecture, and film. Since 2011, Hyundai Card has presented a diverse range of cultural projects, including performances by Kraftwerk and exhibitions featuring the works of film directors Stanley Kubrick and Tim Burton, and fashion designer Jean Paul Gaultier. “HYUNDAI CARD CULTURE PROJECT 29 TOM SACHS” marks the return of the celebrated series after a seven-year hiatus, following The Weeknd’s performance in 2018.

Based in New York City, Tom Sachs is renowned for his intricate bricolage sculptures and immersive, singular worlds. Using his studio’s standard materials like plywood, foamcore, cardboard, tape and resin, Sachs meticulously recontextualizes iconic and everyday objects, from Mars rovers to teacups, to make inimitable and unforgettable works of art. His Space Programs enable viewers to experience the visceral thrill of exploring the vastness of space while venturing into a transcendental and self-reflective realm.

Space Program: Infinity features signature elements from Sachs’ previous four space programs and more than a dozen new works–plus exclusive Sachs-designed merchandise being unveiled and made available to the public for the first time.

Hyundai Card is offering a limited number of early bird tickets for “HYUNDAI CARD CULTURE PROJECT 29 TOM SACHS.” Starting today, tickets will be available for purchase via KakaoTalk at a 40% discount (KRW 12,000) off the regular price (KRW 20,000). Once early bird tickets are sold out, general admission tickets will be available for purchase, with a 20% discount offered to Hyundai Card members.

Limited-edition NFT tickets for the exhibition will also be available for purchase starting in April. Purchasers of NFT tickets will be automatically entered into a draw to win limited-edition Tom Sachs merchandise and enjoy other exclusive benefits.

Since 2023, Hyundai Card has been integrating NFT tickets into its cultural events, including “HYUNDAI CARD DAVINCI MOTEL.” The company has been lauded for its use of NFT technology to prevent ticket fraud, a longstanding issue within Korea’s exhibition and performance industries, while also providing audiences with new and engaging experiences.

“We are thrilled to announce the return of HYUNDAI CARD CULTURE PROJECT after seven years, a program that has consistently pushed boundaries and enriched Korea’s cultural landscape with its innovative and experimental concerts and exhibitions,” said a Hyundai Card official. “‘HYUNDAI CARD CULTURE PROJECT 29 TOM SACHS’ will offer a remarkable opportunity to witness firsthand the otherworldly realms conjured by Tom Sachs’ visionary artistry.

India’s Gen Z Welcomes 2025 with Bold Aspirations: Borrowing Trends Reveal Growth

Bangalore, India, February 19th, 2025: India’s Gen Z is actively shaping their future, prioritizing financial independence, personal growth, and smart financial decisions. 2024 borrowing patterns reveal this trend, poised to influence 2025 habits. Gen Z is increasingly utilizing solutions like mPokket’s flexible offerings for career advancement, business growth, and life requirements & experiences. Looking ahead, 2025 is projected to be a year of enhanced financial planning, skill development, and credit utilization for self-reliance.

Gaurav Jalan, Founder & CEO, mPokket, commented, “Gen Z isn’t just reacting to financial challenges—they’re proactively shaping their financial future. Their 2024 borrowing habits demonstrate a strategic approach to credit, not just a need. From skill investment and business ventures to managing responsibilities, they’re proving financial independence is about control, confidence, and purpose. In 2025, this generation will continue redefining smart borrowing for a fulfilling and fearless life”

A health-first mindset to shape borrowing trends

Financial security is no longer just about aspirations— it’s about immediate relief and support. 24% of Gen Z borrowed for medical emergencies in 2024, with 88% of expenses going toward medicines and treatment. Accessing quick and reliable financial support remains crucial to ensure timely medical care and relief.

What to expect in 2025?

  • Increased trust and usage of digital lending solutions for medical expenses.
  • Financial tools tailored to emergency medical expenses.

Skilling and career growth take center stage

India’s young workforce is prioritizing professional growth and skill enhancement more than ever. In 2024, 57% of borrowers under 30 used loans to build specialized skills, gain industry-relevant knowledge, and advance their careers. Whether through short-term courses, digital certifications, or technical training, this trend signals a shift toward continuous learning as a means to secure long-term financial stability.

What to expect in 2025?

  • Rise in short-term, high-impact learning investments.
  • Growing demand for flexible financing for global certifications and niche skills.
  • A shift toward multi-disciplinary education to future-proof careers.

Financial responsibility and independence will define borrowing behavior

While ambitious, Gen Z remains financially grounded. In 2024, 39% borrowed for essentials like rent, groceries, and utilities, demonstrating a pragmatic approach to money management. This suggests 2025 will see increased strategic borrowing, using credit as a safety net.

Looking ahead to 2025, we anticipate:

  • Greater financial literacy among young borrowers.
  • A rise in demand for borrowing options with flexible repayment.
  • More Gen Z individuals planning their financial future with clear goals.

Entrepreneurship is no longer a side hustle—it’s the main goal

Gen Z is not waiting for job opportunities—they’re creating them. In 2024, 25% of young professionals borrowed to fund their business venture ideas, with 59% of these loans directed toward expansion and 27% toward marketing. The coming year will likely see a surge in independent work and small business financing, as this generation continues to prioritize financial autonomy over traditional employment.

What to expect in 2025?

  • Increased demand for working capital among young entrepreneurs.
  • More professionals are using credit to fund freelancing and independent careers.
  • A rise in digital-first businesses, fueled by accessible credit.

Smarter borrowing for lifestyle goals

While business and career growth remain priorities, Gen Z is not putting life on hold. In 2024, 20% borrowed for lifestyle needs, with shopping (45%) and travel (31%) being the top spending categories. This trend suggests that in 2025, young Indians will focus on mindful spending—seeking experiences and quality investments rather than impulsive purchases.

What to expect in 2025?

  • A shift toward planned spending on high-value experiences (travel, wellness, learning).
  • More Gen Z borrowers are using credit strategically to enhance their lifestyles.
  • A growing preference for financial flexibility, to allow them to balance aspirations with responsibilities.

SOUL Leadership Conclave Welcomes H.E. Dasho Tshering Tobgay as Guest of Honour in New Delhi

Driving Strong Leadership Dialogues: H.E. Dasho Tshering Tobgay to Join SOUL Conclave

Mumbai/ New Delhi, February 19, 2025: The upcoming first edition of the SOUL Leadership Conclave, which is being inaugurated by Hon’ble PM Shri Narendra Modi, will also welcome H.E. Dasho Tshering Tobgay, Hon’ble Prime Minister of Bhutan as the Guest of Honour for its Inaugural Session on Friday, 21st February, at the Bharat Mandapam in New Delhi. A strong advocate of Bhutan’s unique Gross National Happiness Index, he has spoken on leadership, conservation, climate change, poverty, democracy, and happiness at the United Nations, TED, and various international conferences. At his Keynote Address for the SOUL Leadership Conclave he will share leadership lessons from his life journey. Notably, he has been a key participant in Bhutan’s transition to a parliamentary democracy; having played a pivotal role in founding the People’s Democratic Party, the first registered political party in Bhutan for which he continues to serve as president.

The School of Ultimate Leadership (SOUL) is an upcoming premier, privately funded leadership institution in Gandhinagar, Gujarat. The maiden edition of the SOUL Leadership Conclave will bring together distinguished leaders from various sectors, including politics, sports, arts, media, business, public policy, and the social sector, to share their personal leadership journeys, engage in insightful conversations, and offer transformative leadership experiences to inspire the next generation of thinkers and doers.

SOUL Leadership Conclave is set to take place at Bharat Mandapam, New Delhi, on February 21st and 22nd, 2025, marking a new chapter in leadership discourse. The event will be livestreamed on YouTube at https://www.youtube.com/live/2ckwax3wnjY

The event will feature candid conversations and insightful sessions, where the speakers will share key moments from their leadership journeys, both their successes and failures. The conclave aims to challenge conventional wisdom, ignite passion, and empower the next generation of leaders to think boldly and act with purpose for a brighter, more inclusive future.

Securing Culinary Excellence: Nasi and Mee Launches Flagship Outlet in Bangalore

Securing Culinary Excellence: Nasi and Mee Launches Flagship Outlet in BangaloreBangalore, 19th February 2025: Nasi and Mee, the pioneer of Southeast Asian cuisine in India, proudly unveils its newest and largest restaurant on Convent Road, Bangalore. This standalone property marks the brand’s flagship outlet, celebrating a decade of culinary excellence since its inception in 2015. With this launch, Nasi and Mee now has five restaurants in Bangalore and eight across South India.

The Convent Road restaurant is a visual spectacle, designed as a hidden underwater grotto brimming with marine life. Guests will find themselves surrounded by vibrant marine life, corals, and bespoke light fixtures shaped like tiger sharks and jellyfish. The whole theme is centred around all those magical diving spots in Southeast Asia — from Raja Ampat in Indonesia to Sipadan in Malaysia. Complementing the aquatic theme, lush foliage, and an inviting al fresco seating area create a tropical escape in the heart of the city.

To commemorate the launch of this flagship space, Nasi and Mee is reintroducing its Asian breakfast with the Shiok Breakfast Club. This menu pays homage to Southeast Asia’s rich morning traditions, featuring classics like N&M Kaya Toast with house-made kaya jam, the indulgent N&M Fren-Cha Toast with matcha foam, and the bold X.O. Benedict with poached eggs and X.O. Chilli.

The menu also includes dim sum, fresh juices, smoothies, and a selection of kopi and teh, bringing back the nostalgic breakfast experience that first set Nasi and Mee apart.

“Nasi and Mee has always been about authenticity and evolution. This new flagship location at Convent Road, Bangalore not only elevates the dining experience but reflects the next phase of growth for us as a brand. We’re excited to be a part of many a dining conversation and to serve a new community in a space that truly reflects our culinary journey,” said Ravi Nahappan, Group CEO and Founder of Nasi and Mee.

Dilip Krishnan, Co-founder and CEO, India, added, “Everyone knows Nasi and Mee through our first restaurant in Koramangala, so opening this flagship outlet — and continuing the theme of creating experiential dining, whether through omakase or offering breakfast— is a testament to evolving our brand in keeping with the times and requirements of our customers.”

With a capacity of 100 covers, this flagship restaurant is set to become a landmark dining destination in central Bangalore. Whether it’s indulging in a hearty Besar Breakfast, or simply sipping on Milo, guests can now start their day the Southeast Asian way.

Sundeep Kishan Welcomes Dialogue on South vs. Bollywood Cinema at Watcho Storytellers Conclave

Actor Sundeep Kishan needs no introduction; he has proved his mettle in Telugu, Tamil, and Hindi films such as Venkatadri Express, Tiger, Shamantakamani, Nagaram, Ooru Peru Bhairavakona, and Shor in the City. Recently, at the Dish TV Watcho Storytellers Conclave, he spoke about the working styles and differences across various film industries.

Sundeep shared, “In Tamil Nadu, the work environment is more hierarchical, with more bosses around and a structured approach. In contrast, when I work in Bombay, especially with people like Raj & DK, it’s a completely different setup. The method might seem chaotic at first, but there’s a system to it, even if no one quite knows what it is. Everyone starts off shouting, but once the camera rolls, there’s sudden silence. It’s a vibe that just flows. In Bombay, everything is in order—checked, tested, and ready to go. Despite the apparent chaos, there’s a clear structure. On Tamil Nadu sets, we often have food served in a buffet system, which is fun. But the energy and rhythm of Bombay sets feel unique.”

Sundeep was a guest speaker at the Watcho Storytellers Conclave, a step towards igniting impactful conversations within the film community while strengthening the Dish TV brand. He led a session titled ‘A Young Star Who Seamlessly Gels into Any Role, Any Industry, and Platform.’ Expressing his excitement about being part of the initiative, Sundeep shared, “It’s exciting to be part of the Watcho Storytellers Conclave, which gives young creators an accessible platform to present their work to global audiences. It’s all about empowering each creator to find their unique voice and reach the audience that matters.”

Talking about Pan India films, he said, “A Pan Indian film, particularly in the context of South Indian cinema, refers to a movie made in Hyderabad by Hyderabadi filmmakers in languages like Telugu, Tamil, Kannada, or Malayalam. These films are dubbed and released in other regions, often becoming blockbusters in North India. Back then, this was a rare phenomenon, and we were simply actors chosen to play roles. Today, however, things have changed. We are gaining respect and recognition in regions that were once unexplored, and the reach of South Indian dubbed films is massive. For example, one of my films, Nachatru, was a passion project. Although it didn’t perform well initially, years later, I started getting recognized on the streets, with people associating me with that film and praising my work. It’s incredible to witness how the audience’s response has evolved over time. It’s not just about the career; it’s about the journey.”

After a successful launch in Kolkata, Watcho Storytellers Conclave arrived in Hyderabad, engaging creative community and empowering content creators nationwide. With a focus on collaboration and innovation, the Hyderabad edition featured eminent filmmakers and creators, including Anil Ravipudi, Sundeep Kishan, Sunitha Tati, Baradwaj Rangan, Sai Rajesh, and Nanda Kishore Emani, offering insightful sessions on the evolving content landscape.

The Watcho Storytellers Conclave seeks to level the playing field for filmmakers and content creators, providing fresh opportunities for both emerging and established talent to connect with audiences and share their unique stories. Watcho offers a platform for diverse artistic expressions, fostering creativity and innovation while breaking traditional barriers and enriching the entertainment landscape.

GD Goenka University Welcomes Success with VII CIArb (India) International Arbitration Moot

GD Goenka University Welcomes Success with VII CIArb (India) International Arbitration MootGurugram, February 19th, 2025: GD Goenka University’s School of Law is delighted to announce the successful hosting of the VII GD Goenka – CIArb (India) International Commercial Arbitration Moot Competition, focusing on IP Arbitration in the Pharmaceuticals Sector.

The event witnessed significant participation from 34 teams and 102 students from prominent institutions like Government Law College, Mumbai, National Law Institute University, Bhopal, National Law School of India University, Bangalore, University of Mumbai Law Academy, among others.

The inaugural ceremony of the event was graced by Honourable Justice N. Kotiswar Singh from the Supreme Court of India as the Chief Guest and Honourable Justice Tejas Karia from the Delhi High Court, as the Guest of Honour.

Their presence and insights added immense value to the event, encouraging the participants.

Additionally, the valedictory ceremony was graced by the presence of Honourable Justice A. Muhamed Mustaque, Kerala High Court Judge, as the Chief Guest. The ceremony also featured esteemed Guests of Honour: Honourable Justice B. P. Singh, Retired Supreme Court Judge, Mr. Anil Xavier, President of the Indian Institute of Arbitration & Mediation,and Dr. Lalit Bhasin, President of the Society of Indian Law Firms.

Emphasising the significance of moot court competitions in shaping future legal professionals, Mr. Nipun Goenka, Managing Director of GD Goenka Group, said, “At GD Goenka, we are committed to providing our students with practical experiences that transcend conventional learning. This moot competition is a testament to our dedication to nurturing future leaders in the realm of law. By engaging in real-world arbitration scenarios, our law students develop critical thinking, strategic planning, and effective communication skills that are essential for their professional growth.”

Echoing her views, Dr. Kim Menezes, Vice Chancellor at GD Goenka University, said,”The moot court competition offered a unique platform for students to enhance their legal reasoning and advocacy skills in the presence of esteemed veterans of the legal field. At GD Goenka University we will continue to deliver such hands-on experiences to our students to foster change agents and industry leaders.”

The CIArb-GDGU Arbitration Moot Competition is designed to give participants a comprehensive understanding of arbitration. This includes preparing memorials, navigating procedural complexities and engaging in activities that echo actual arbitration practices. By the end of the competition, students gained a deeper understanding of the field, and the functional skills required for a thriving career in law.

“The moot court competition challenges students to think strategically, research extensively, and present arguments effectively. It not only strengthens their professional ethics but also provides valuable networking opportunities with experienced professionals and industry experts,” said Dr. Jayaram, Dean of the School of Law, GD Goenka University.

The CIArb 2025 competition concluded with outstanding achievements, with Delhi Metropolitan Education emerging as the Winner and Dr. B.R. Ambedkar National Law University, Sonepat, securing the Runner-Up position. Sanjana Kamble of NLSIU Bangalore was honoured as the Best Speaker, while the Best Memorial award went to National Law Institute University, Bhopal. Additionally, Sudhanshu Gangurde of Symbiosis Law School, Pune, was named the Best Researcher.

The competition was judged by more than 50 judges from varied legal backgrounds including Arbitrators, Advocates in the Supreme Court, Faculties having Doctorates in Alternate Dispute Resolution, and a Sitting Judge of a High Court.

Some of the esteemed knowledge partners that played a crucial role in the success of the event included the Chartered Institute of Arbitrators (CIArb), the International Centre for Dispute Resolution (ICDR), Indian Institute Of Arbitration and Mediation (IIAM), BDN Chambers among others.

The changing landscape of law in India demands a strong foundation in practical skills and hands-on experience. In this regard, Moot court competitions play a pivotal role in bridging the gap between theoretical knowledge and real-world application in a simulated environment.

Primus Partners Welcomes Web3’s Strong Impact on $1 Trillion Industries by 2029

19th February 2025: India is rapidly emerging as a global frontrunner in the Web3 space, with the technology poised to impact industries valued at over $1 trillion, according to a new report by Primus Partners. The report titled,’Web3 in 2025: Key Trends and Potential Use Cases to Watch Out For’ reveals its growing popularity in sectors like agriculture, healthcare, logistics, and media, with India playing a pivotal role in driving Web3’s global evolution.

Web3 is revolutionizing sectors with its decentralized solutions, which enable greater transparency, security, and efficiency in operations. In India, more than 60% of corporations are either currently researching or implementing Web3’s block chain technologies to streamline activities, build trust, and reduce operational costs. The country has a good share of developers amongst the global Web3 community. With widespread and mainstream adoption expected to occur by the end of 2025, Web3 is set to impact industries valued at over $1 trillion.

Key Insights include:

· India’s Web3 Developer Share: India leads the global Web3 developer community with 12%, ranking first among emerging markets. In 2024, it attracted the highest number of new crypto developers recorded yet.

· Market Growth: The global Web3 market is projected to reach $23.3 billion by 2028, growing at a CAGR of 43.7% from 2021.

· Investment in Infrastructure: Major platforms and developing ecosystems like Polygon have received over $450 million in funding, while 5ire secured $221 million for block chain interoperability and rapid scaling.

· Regulatory Developments: The EU’s MiCA regulation seeks to establish a broad Web3 crypto framework for over 500 million citizens, while the U.S. crypto task force plans to shape regulations for digital assets worth $1 trillion.

· Adoption Trends: By end of 2025, it is anticipated that 25% of global enterprises will adopt Web3 technologies, up from 5% in 2022.

Web3’s Application Across Industries:

· Agriculture: Block chain can reduce food fraud by 30%, improving traceability and ensuring safer food supply chains.

· Manufacturing & Logistics: Web3 can lower logistics costs by up to 20% by enhancing tracking and efficiency, while block chain cuts paperwork by 50%, making transport operations more streamlined.

· Education: With block chain’s document verification, concerns about the authenticity of academic credentials can be addressed, increasing trust for about 70% of employers.

· Real Estate: Tokenization can reduce transaction costs by 10-15% and speed up the process by 50%, while smart contracts can automate rental payments and reduce late payments by 40%.

· Governance: Block chain-based digital identities would soon be used by close to 1 billion people in providing details for secure verification, while block chain implementation in land registries can reduce chances of duplication, disputes, theft and fraud.

· Healthcare: Block chain can decrease healthcare fraud by 50% and improve patient trust through enhanced data security and transparency.

Government’s and Industry’s Interplay in Promoting Web3 Growth:

The Indian government is actively fostering Web3 growth through initiatives like the Block chain-as-a-Service model developed by the Ministry of Electronics and Information Technology, which provides infrastructure for permissioned block chain applications. It is also developing a regulatory framework and promoting public-private partnerships to unlock Web3’s potential. Also, sector-specific solutions are being created, particularly in agriculture and healthcare, with projects like Vishvasya- Block Chain Technology Stack and the National Block Chain Strategy. These efforts, involving over 30 active government departments, are building a trusted digital infrastructure to support broader Web3 adoption.

Challenges to overcome:

Web3 adoption in India faces deep challenges like regulatory uncertainty, low consumer trust, and complex supply chains. 62.4% of industry leaders call for clearer regulations, while Web3 is still seen as tied to speculative trading. Despite these obstacles, India has a strong foundation for Web3 growth, with block chain and token systems set to drive innovation, transparency, and inclusivity in its digital economy. India is well-positioned to lead the Web3 revolution and transform necessary digital interactions.

Quotes of Thought Leaders:

Shravan Shetty: “India’s proactive steps in nurturing Web3 adoption, such as the Block Chain-as-a-Service model, are pivotal in providing the infrastructure needed to support permissioned block chain applications and drive innovation. Collaboration between public and private sectors is essential for realizing the full potential of Web3 in India, especially in sectors like agriculture and healthcare, where tailored solutions can drive significant advancements.”