Amazon Web Services Commits $250,000 To 50 Polkadot Projects AWS will provide the startups access to USD 5,000 worth of AWS credits which can be utilized with AWS Activate. A product of Ethereum co-founder Gavin Wood, Polkadot, a blockchain network, entered the Indian market with Polkadot Now India in April 2022.

By Paromita Gupta

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

Freepik

Polkadot Now India, the Official Polkadot community in India, announced it was receiving a grant of USD 250,000 from Amazon Web Services to fund 50 projects who wish to build themselves on the blockchain platform. The announcement was made at the Polkadot Now India conference in Bangalore.

The conference saw the likes of Mark Cachia, founder, Scytale Ventures; Bill Laboon, Head of Education and Grants, Web3 Foundation; Dr. Radhakrishna Dasari, Technical Educational Lead, Web3 Foundation; and Gautam Dhameja, Director of Solution Delivery at Parity Technologies,

AWS will provide the startups access to USD 5,000 worth of AWS credits which can be utilized with AWS Activate. A product of Ethereum co-founder Gavin Wood, Polkadot, a blockchain network, entered the Indian market with Polkadot Now India in April 2022.

"This is a huge testament to our successful collaboration with AWS in strengthening the Indian Web3 ecosystem. By providing the essential infrastructure required to build on Polkadot, this initiative will open a gateway of opportunities for startups to explore, and expedite their journey," said Rishant (Rish) Kumar, Spokesperson for Polkadot Now India and Growth Lead, APAC, KILT Protocol.

Paromita Gupta

Entrepreneur Staff

Freelancer

Covering news and trends in AI and Metaverse segments. An avid book reader running her personal blog on the side. You may reach me at paromita@entrepreneurindia.com. 
Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

News and Trends

AMD To Strengthen Its Data Centre Business In India

Our data center growth in India, in particular, is propelled by increasing market share among the top three hyperscalers, says Jaya Jagadish, country head and SVP of Silicon Design Engineering, AMD India

Starting a Business

Every Successful Business Solves a Pain Point — Does Yours?

Solving pain points isn't just a path to business success; it's the foundation. Here's how to get started.

News and Trends

UPI Transaction Value Reaches INR 130.19 Trillion in Second Half of 2024: Report

This rapid growth reflects India's shift towards a cashless economy, driven by deeper digital penetration and changing consumer behaviour

News and Trends

Meta Launches New AI-Powered Ad Tools to Boost Growth for India's E-commerce and Retail Sector

Meta is also integrating Partnership Ads with Advantage+ catalog ads, offering advertisers the ability to combine influencer-led content with AI-driven personalisation. Companies like Zepto have leveraged this approach, reporting an 18 per cent deduction in customer acquisition cost and a 33 per cent increase in click-through rate

Business Process

How I Automated 50% of My Business Tasks and Scaled Without Hiring More Employees

Discover how automation helped us streamline processes, improve efficiency by 50% and scale without hiring extra employees.