Mamaearth Shines As The 3rd Largest Skincare Brand In India As Per Euromonitor International

Honasa’s second brand, The Derma Co. makes its mark among the top 20 skincare brands in India, emerging as the country's largest active-based skincare brand

Gurugram, 17th October 2024: Mamaearth, India's leading brand for toxin-free and natural personal care products, has secured the 3rd spot among the top skincare brands in India* according to Euromonitor International, the world's leading provider of global business intelligence, market analysis, and consumer insights.

This remarkable achievement highlights the brand's rapid growth and strong market presence in the highly competitive Indian beauty and personal care industry. Mamaearth has also climbed to 9th position from 13th last year among the top beauty and personal care brands in India, as per Euromonitor’s latest report on Beauty and Personal Care in India.

The CY2023 report on Beauty and personal care in India highlights the rise of direct-to-consumer (D2C) brands in India’s beauty and personal care sector, with home-grown brands like Mamaearth, under Honasa Consumer Ltd., gaining significant market share.

In addition to Mamaearth's success, Honasa Consumer Ltd. has other notable brands making waves in the market. The Derma Co. has made significant strides, entering the list of top 20 skincare brands in India and emerging as the largest active based skincare brand. Furthermore, the Euromonitor report acknowledges the intensifying competition in India’s sunscreen market with Honasa’s brands such as Aqualogica, The Derma Co, and Dr Sheth’s gaining substantial recognition and prominence.

Commenting on the brands’ popularity Varun Alagh, Co-founder and CEO, Honasa Consumer, said, “We're thrilled to see Mamaearth making such a significant mark in the Indian beauty and personal care market. This recognition is a testament to our team's hard work, our commitment to creating natural, toxin free products for Indian consumers, and the trust they have placed in us. We're equally proud of The Derma Co.'s progress and glad that Indians are recognizing its value proposition. We are committed to building on this success across all Honasa brands and lead the next phase of the beauty and personal care space in the Indian market.”

Honasa Consumer, which began with its flagship brand Mamaerath, now boasts a portfolio of popular brands including The Derma Co., Aqualogica, Dr Sheths, BBlunt, all designed to meet the evolving needs of Indian consumers. The company’s success story extends beyond individual brands, showcasing a robust playbook for building a house of purpose-driven, consumer-centric brands by leveraging consumer insights, digital capabilities, and a deep understanding of market trends.

*Source Euromonitor International Limited; Passport- Beauty and Personal Care in India 2024.

About Mamaearth

Founded by husband-wife duo Ghazal Alagh and Varun Alagh, Mamaearth is one of the fastest growing beauty and personal care brand. Driven by innovation and using the best of science and nature, the brand caters to personal care needs of young, aspirational and increasingly conscious Indian consumers. In a short span of 6 years, Mamaearth has created a product portfolio of 200+ products packed with goodness inside and has reached over 5 million customers in 500 Indian cities servicing over 18000 pin codes. Mamaearth products are available on www.mamaearth.in, major eCommerce platforms like Amazon, Nykaa, Flipkart and over 40 thousand points of sales across the country.

About Honasa Consumer Ltd.

Honasa Consumer Limited is a purpose-driven brand house building the future of personal care and beauty. The company has created a portfolio of digital-first brands, including Mamaearth, The Derma Co., Aqualogica, and Staze, based on a customer insights-led innovation strategy. Honasa has also purchased controlling shares in Dr. Sheth's and Bblunt. With more than 100,000 FMCG retail locations and a vast omni-channel distribution network that covers more than 18,000 pin codes in India, Honasa's products are accessible to customers in more than 700 districts across the country.

New-To-Credit (NTC) Customers Form 25% Of Users Of Magnet FD Credit Card By ZET And SBM Bank

* 55% of NTC customers fall in the age group of 18-25 years

* 81% of the users of Magnet had a credit score of 650 or less

* Hyderabad tops demand for Magnet, followed by Bengaluru & Jaipur

In a major stride towards financial inclusion, New-To-Credit (NTC) customers formed around 25% of the users of the recently launched Magnet FD Credit Card by ZET and SBM Bank.

Customer trends by ZET suggest that since its launch, the Magnet FD Credit Card has been popular among youngsters. More than half, around 55%, of the NTC customers for Magnet FD Card, were in the age category of 18-25, indicating that the secured credit card is becoming increasingly popular among youngsters who are keen on building their CIBIL score through an FD credit card. 

ZET’s data also suggests that if a larger age bracket (18-35 years) was taken into account, the user base jumped to 85%, with an average age of 28. Hyderabad topped the demand for Magnet credit cards, followed by Bengaluru, Jaipur, Kolkata, Lucknow, New Delhi, and Mumbai. 

Secured credit cards have become increasingly popular ever since the Reserve Bank of India (RBI) increased the risk weightage on unsecured credit cards. Industry data suggests that almost 100,000 secured credit cards are issued every month, but unlike unsecured credit cards, they have a 100% approval rate since they are backed by Fixed Deposits. 

Commenting on the trend, Manish Shara, Co-Founder & CEO of ZET, said: “The popularity of secured credit cards as a CIBIL builder product is increasing fast among NTC customers. It is encouraging to witness that almost 25% of the users of Magnet are NTC users. Magnet not only stands as a catalyst for aiding NTC customers but also for those with poor credit history in accessing easy credit products. We found that almost 81% of the users who opted for Magnet had a credit score of 650 or lower. Magnet is an exciting proposition for building a CIBIL Score while enjoying the benefits of a normal credit card.”

Specifically designed to empower individuals who lack a credit score or aim to improve their credit scores, Magnet is a secured credit card backed by a Fixed Deposit (FD). Users get joining benefits worth Rs. 21,000+, including OTT subscriptions to popular platforms like Disney Hotstar, Sony LIV, and Zee 5, offers on dining, travel, and more, and up to 10% rewards on top brand vouchers such as Amazon, Flipkart, and Myntra. These exciting benefits are here to make you feel eager and excited to explore the world of Magnet.

Magnet comes against an FD of a minimum of Rs.5,000, ranging to Rs.25,000, with 90% of the amount as the credit limit. The FD is secured per RBI guidelines and insured up to Rs.5 lacs by DICGC. Users can also enjoy up to 7% interest on their Fixed Deposits, further enhancing their financial well-being. Magnet is also a lifetime-free offering with no renewal fee. It can be easily taken owing to no documentation proof and guaranteed issuance, ensuring affordability without compromising on benefits as a commitment to financial accessibility. 

MAHE, Manipal Signs Partnership Agreement With KoreAMMR, Mumbai For Developing 3D Bioprinted Products

Manipal Centre for Biotherapeutics Research (MCBR), MAHE, Manipal has entered into partnership agreement with Kore Additive Manufacturing and Medical Reconstruction Pvt. Ltd. (KoreAMMR), Mumbai to codevelop 3D printed biotherapeutic products. KoreAMMR has leased a portion of GMP compliant facility of MCBR to codevelop the novel 3D bioprinted products along with MCBR faculty and researchers. The partnership facility was inaugurated by Dr Narayan Sabhahit, Pro Vice Chancellor – Technology and Science, MAHE, Dr P Giridhar Kini, Registrar MAHE, Mr Ravindra Doshi, Managing Director KoreAMMR and Mr Chaitanya Doshi, CEO of KoreAMMR.

While signing the agreement Dr Giridhar Kini, Registrar, MAHE, and Mr Ravindra Doshi, Managing Director of KoreAMMR, lauded the partnership to develop novel products and hoped to see the codeveloped products entering the commercial market soon. MCBR founding Head and MAHE COO Dr Raviraja N S said, “signing this agreement with KoreAMMR while MCBR is celebrating 3 year of establishment is a significant milestone, and this multifaceted partnership is aimed to develop new 3D bioprinted products for biomedical applications and to train human resource needed in this niche area”.  

Mr Chaithanya Joshi, CEO, KoreAMMR said “the partnership with MCBR is a crucial for KoreAMMR and we will start manufacturing for clinical trials in this facility’’.

Dr Kirthanashri, Coordinator and Associate Professor of MCBR and Group leader in 3D bioprinting said “As part of this collaborative agreement KoreAMMR employees can enrol for PhD at MAHE and work under the supervision of faculty guides at MCBR.  The master’s students of MCBR can intern at KoreAMMR to complete their dissertation”.

KoreAMMR was founded in July 2022 with the mission to make affordable 3D Bioprinted transplantable organs and is incubated at SINE IIT Bombay and RIIDL KJ Somaiya in Mumbai. The founder was inspired by Dr Anthony Atala who in the year 2011 made the first 3D Bioprinted urinary bladder and transplanted it into the patient and the patient is alive and healthy today. The main challenge faced by KoreAMMR is the time it takes to clear the regulatory pathway to use 3D Bioprinted products for medical application. By collaborating with MCBR and MAHE, KoreAMMR is expecting to complete these clinical trials within 5-7 years significantly lowering the cost and time taken to develop 3D Bioprinted products and commercialize them. KoreAMMR is also working on developing organ on chip systems with MCBR to eliminate need for animal testing in exchange of human relevant organ models for pharmaceutical drug discovery and drug testing and for personalized medicine in the field of oncology. Through this collaboration KoreAMMR and MAHE will be able to train the next generation of biotechnology and biomedical scientists and engineers to make India a global leader in the Biotechnology and Biomedical domain.

Dr Harish Kumar, Director, Corporate Relations; Dr Arun Maiya, Dean, MCHP; Dr Srinivas Mutalik, Principal MCOPS; Dr Naveen Salins, Associate Dean, KMC Manipal and others were present during the occasion.

Yamaha Achieves Milestone Of 400 Blue Square Showrooms; Expands Its Presence In Tier-2 And Tier-3 Cities

* Introduced as part of the ‘Call of the Blue’ campaign, these premium outlets highlight Yamaha’s rich racing DNA

* Each Blue Square outlet features Yamaha’s exclusive range of premium two-wheelers, apparel and accessories

India Yamaha Motor (IYM) has achieved a significant milestone by establishing 400 Blue Square showrooms nationwide, adding 100 new outlets in just the past six months. This rapid expansion underscores Yamaha’s ongoing commitment to delivering an unmatched customer-centric experience. By bringing its premium two-wheeler offerings closer to customers, particularly in India’s rapidly growing tier-2 and tier-3 cities, Yamaha is catering to the rising aspirations of its consumers across the country.

Since the launch of ‘The Call of The Blue’ brand campaign in 2018, Yamaha has focused on bringing its premium offerings closer to customers and building stronger connections. The introduction of Blue Square showrooms in 2019 has been instrumental in creating an exclusive environment that reflects Yamaha’s racing DNA and caters to the growing demand for performance-oriented products.

Commenting on this achievement, Mr. Eishin Chihana, Chairman, Yamaha Motor India Group of Companies, said, “Crossing the milestone of 400 Blue Square showrooms reflects our continuous effort to be closer to our customers, especially in India’s fast-growing tier-2 and tier-3 cities. We recognize the growing aspirations of customers across the country, and we are here to cater to those ambitions by offering a premium, personalized experience through our Blue Square outlets. These spaces are not just retail touchpoints—they are where customers can truly immerse themselves in the Yamaha world and explore our products in an environment designed for them. We extend our heartfelt thanks to our dealer partners and customers for their continued trust and support in achieving this milestone.”

The design of Blue Square showrooms caters to the evolving needs and aspirations of today’s discerning customers. With dedicated zones for accessories, merchandise, and community engagement, these showrooms embody Yamaha’s philosophy of innovation, sportiness, and style. Each outlet serves as a hub for Yamaha’s ‘Blue Streaks’ rider community, enabling customers to participate in group rides and build connections with fellow enthusiasts.

The Blue Square network houses Yamaha’s most exciting products, including the track-oriented R3, street fighter MT-03, and the maxi-sport AEROX 155 scooter, alongside models equipped with advanced features like Traction Control System (TCS). Customers can also explore a range of other motorcycles and scooters, including the YZF-R15 V4, MT-15 V2, FZ-X, Fascino 125 FI Hybrid, and Ray ZR Street Rally 125 FI Hybrid, all designed to offer a thrilling riding experience with superior performance.

With 400 operational Blue Square outlets across India, Yamaha continues to expand its footprint, ensuring that more customers, especially in emerging regions, have access to its premium products and services.

Yamaha has a dedicated page on its website for the Blue Square showrooms. Customers can visit this link to learn more. https://www.yamaha-motor-india.com/yamaha-bluesquare.html.

About Yamaha Motor India group of companies:

Yamaha Motor made its initial foray into India in 1985 as a joint venture. In August 2001, it became a 100% subsidiary of Yamaha Motor Co., Ltd, Japan (YMC). In 2008, Mitsui & Co., Ltd. entered into an agreement with YMC to become a joint investor in India Yamaha Motor Private Limited (IYM). IYM's manufacturing facilities comprise State-of-the-art plants at Surajpur (Uttar Pradesh) and Kanchipuram (Tamil Nadu). The infrastructure at these plants supports the production of motorcycles and parts for the domestic as well as overseas markets. YMC has established its subsidiaries - Yamaha Motor Research and Development India Pvt Ltd. (YMRI), Yamaha Motor India Sales Pvt Ltd. (YMIS) and Yamaha Motor India Pvt Ltd. (YMI) in India to independently support IYM in the development, sales & marketing of its products and overall business planning & regional control respectively. Presently, its product portfolio includes YZF-R3 (321cc), MT-03 (321cc), YZF-R15 V4 (155cc), YZF-R15S V3 (155cc),  MT-15 V2 (155cc); FZS-Fi Version 4.0 (149cc), FZS-Fi Version 3.0 (149cc), FZ-Fi Version 3.0 (149cc), FZ-X (149cc), AEROX Version S (155cc), AEROX (155cc) and scooters like Fascino 125 FI Hybrid (125cc), RayZR 125 FI Hybrid (125cc), RayZR Street Rally 125 FI Hybrid (125cc).

Pocket52 Launches ‘Vibe Crazy Hai’ - Brings A Fresh Spin To Online Poker Experience

Pocket52, one of India’s leading online poker brands from the house of Gameskraft, announced the launch of its new brand campaign titled ‘Vibe Crazy Hai’. With this campaign, Pocket52 seeks to enhance brand recognition and solidify its place as a top choice for poker enthusiasts. The campaign focuses on bringing back the fun of playing poker and delivering an exciting, immersive, and innovative gameplay experience while reinforcing the platform’s trustworthiness and reliability.

The ‘Vibe Crazy Hai’ call-out captures the excitement and energy of the Pocket52 experience, further enhancing its brand identity. The campaign spotlights Pocket52’s upgraded gameplay, featuring immersive new game table themes like Beach Shack, Secret Den, Godfather Action, and Vintage Texas, designed to elevate the playing experience. Players can also enjoy expressive in-game elements such as emojis and throwables like an Egg, Shark, Bomb, or even a Chappal, adding a fun and interactive dimension to the game. Together, these elements create a dynamic and engaging experience for users, setting Pocket52 apart in the online poker space.

The campaign is a series of three Digital Video Commercials (DVCs), each emphasizing the craziness of the Pocket52 gameplay experience. The films explore various scenarios to showcase how playing poker on Pocket52 feels just like being at a real poker table. Each story brings out the emotions and excitement of live poker via features like customisable themes, throwables and emojis. By focusing on relatable moments and life-like gameplay, the films aim to demonstrate how Pocket52 elevates online poker to a truly immersive level. The campaign primarily targets both seasoned and new poker players in the skilled online games segment, while also reaching out to a broader audience of gaming enthusiasts, poker lovers, and fans of skill-based games. It highlights Pocket52’s core strengths—secure transactions, fast and hassle-free withdrawals, and a consistently reliable app experience. With these enhancements, Pocket52 aims to deliver an engaging and trustworthy platform that resonates with players across the board.

Nitesh Salvi, Vice President- Business, Pocket52, said, “With the launch of the 'Vibe Crazy Hai' campaign, Pocket52 is enhancing the online poker experience with new features like throwables, emojis, and customizable themes to boost player interaction. We aim to deliver a seamless, secure, and enjoyable platform for both experienced poker players and gaming enthusiasts in India. As we keep improving, our goal is to create a world-class poker experience that players can rely on.”

The ‘Vibe Crazy Hai’ campaign will be promoted through multiple digital channels, including social media and OTT platforms among other platforms. To watch the campaign DVC, click here: https://www.youtube.com/watch?v=eGhgXTf_M_A

About Pocket52:

Pocket52, one of India's renowned Poker Apps trusted by 16 lakhs+ Poker players, not only gives you a world-class gaming experience but also connects you with like-minded individuals. The brand is certified by internationally renowned iTech Labs, Australia, to make your gameplay safe, secure, and hassle-free. It aims to revolutionize the skill-based online real-money gaming industry in India by providing a feature-rich app built with cutting-edge technology, superior customer service, a transparent network, and round-the-clock promotions for both android and iOS users. The platform provides some of the most rewarding Loyalty programs with safe and secure transactions, a 24x7 Call support feature and real cash for real players. The Pocket52 app is available on all devices, including all popular smartphones and tablets (Android & iOS). To know more, click here:  https://www.pocket52.com/

About Gameskraft:

Since its inception in 2017, online skill-based games company Gameskraft has catered to a growing group of players within the skill-based online games community. It is now one of the country’s most recognised games brands, home to massively popular gaming platforms. Gameskraft operates at the convergence of technology and gaming, offering millions of gamers secure, high-quality experiences. The company’s keen knowledge of the sector drives newer and safer ideas in skill-based gaming.

Indian Bank Signs MoU With Tata Motors To Offer Commercial Vehicle Financing Solutions

* To offer tailored and easy financial solutions for commercial vehicles, including LNG and electric vehicles

Indian Bank, one of India's leading public sector banks, has signed a Memorandum of Understanding (MoU) with Tata Motors, India's largest commercial vehicle manufacturer to offer attractive financing solutions to Tata Motors commercial vehicle customers and authorised dealerships across the country. The bank will offer customised financial packages with competitive interest rates and streamlined credit processing. This partnership will provide tailored financial solutions for Tata Motors’ entire commercial vehicle portfolio including LNG (Liquefied Natural Gas) and electric range of commercial vehicles. Tata Motors and Indian Bank will also significantly scale up their partnership on dealer financing.

Speaking on this announcement, Mr. Ashutosh Choudhury, Executive Director, Indian Bank, said, "We are elated to sign a MoU with Tata Motors to offer tailored financial solutions for their dealerships and fleet operators. Our financial packages will help both customers and dealers achieve their business objectives while enhancing overall financial efficiency. We look forward to working closely with Tata Motors to help their customers achieve their business goals."

Commenting on the initiative, Mr. Rajesh Kaul, Vice President & Business Head – Trucks, Tata Motors, said, “We are happy to sign a MoU with Indian Bank, this partnership will help provide easy financing solutions for our customers. By streamlining credit access and offering seamless financing options, we aim to strengthen financial ecosystem for our dealer network, helping them scale their business while providing enhanced convenience to our valued customers.”

Tata Motors offers the widest commercial vehicle portfolio spanning from sub-1-tonne to 55-tonne cargo vehicles and 10-seater to 51-seater mass mobility solutions. These robustly engineered commercial vehicles are further complemented by a range of value-added services for comprehensive vehicle lifecycle management, through its Sampoorna Seva 2.0 initiative. With Fleet Edge – Tata Motors’ connected vehicle platform for optimal fleet management, which enables operators to further increase the uptime of its vehicles and reduce the total cost of ownership, and 24x7 support from India’s widest service network, Tata Motors continues to establish new benchmarks in holistic transportation solutions.

Founded on August 15, 1907, Indian Bank is a prominent Public Sector Bank in India, with the Government of India holding 73.84% of its shares (as of 30th June’ 2024). Recognized as the first public sector bank to install an ATM in Madras in 1989, it operates 5,846 branches (including 3 Digital Banking Units) across diverse regions: 1,983 rural, 1,531 semi-urban, 1,173 urban, and 1,159 metros. The Bank also has 3 overseas branches and 1 International Banking Unit (IBU). As part of its digital transformation drive Indian Bank under Project WAVE, is redefining customer experiences and optimizing services. In Q1 FY25, the Bank generated an impressive ?36,678 crores via digital channels, while also witnessing a sharp surge in mobile banking and credit card users. Under Supply Chain Finance, the Bank provides end-to-end financing solution through Online platform for meeting working capital requirements of Dealers and Vendors. Supply Chain Finance product of the Bank has made strong strides in recent past and on-boarded many leading companies in automobile and other sectors.

About Tata Motors

Part of the USD 165 billion Tata group, Tata Motors Limited (BSE: 500570 and 570001; NSE: TATAMOTORS and TATAMTRDVR), a USD 44 billion organization, is a leading global automobile manufacturer of cars, utility vehicles, pick-ups,  trucks, and buses, offering an extensive range of integrated, smart, and e-mobility solutions. With ‘Connecting Aspirations’ at the core of its brand promise, Tata Motors is India’s market leader in commercial vehicles and ranks among the top three in the passenger vehicles market.

Tata Motors strives to bring new products that captivate the imagination of GenNext customers, fuelled by state-of-the-art design and R&D centres located in India, the UK, the US, Italy, and South Korea. By focusing on engineering and tech- enabled automotive solutions catering to the future of mobility, the company’s innovation efforts are focused on developing pioneering technologies that are both sustainable and suited to the evolving market and customer aspirations. The company is pioneering India's Electric Vehicle (EV) transition and driving the shift towards sustainable mobility solutions by developing a tailored product strategy,

leveraging the synergy between Group companies and playing an active role in liaising with the Government of India in developing the policy framework.

With operations in India, UK, South Korea, Thailand and Indonesia, Tata Motors markets its vehicles in Africa, the Middle East, Latin America, Southeast Asia, and the SAARC countries. As of March 31, 2024, Tata Motors’ operations include 90 consolidated subsidiaries, two joint operations, five joint ventures, and numerous equity-accounted associates, including their subsidiaries, over which the company exercises significant influence.

India Blockchain Week 2024 Returns To Spotlight India’s Web3 Startups And Talent

Top international Web3 players are coming to India Blockchain Week (IBW) from 30th November to 8th December 2024 in Bangalore, to foster purposeful collaboration with the Indian innovation ecosystem. Returning this year with over 100 exciting events, IBW is the country’s first-ever multi-chain platform catalyzing mass adoption of blockchain innovation across industries. Some of the events include the flagship IBW Conference, IBW chain-agnostic Hackathon, IBW Web3 Demo Day, ETH India Hackathon, and more, bringing together the brightest minds in the Web3 ecosystem along with policymakers to create a conducive environment for cross-border partnerships.

The Indian government's growing focus on blockchain innovation has driven initiatives like the National Blockchain Framework (NBF) to enhance information security, transparency, and efficiency for digital governance and service delivery. Launched under the same initiative by the Ministry of Electronics and Information Technology (MeitY), the Vishvasya Technology Stack offers Blockchain-as-a-Service (BaaS) through data centers across Pune, Hyderabad, and Bhubaneswar, supporting various permissioned blockchain applications. These efforts reflect the government's commitment to advancing and implementing blockchain solutions.

Hosted by Hashed Emergent, a Web3 Venture Capital firm, the 2-day flagship IBW Conference will take place on the 4th and 5th of December at the Sheraton Grand Bengaluru Whitefield Hotel & Convention Center, hosting prominent speakers including Sandeep Nailwal, Co-founder of Polygon, Avery Ching, Co-founder and CTO of Aptos, Keone Hon, CEO of Monad, and Chen Fang, COO of BitGo. Alongside Indian policymakers, entrepreneurs, and developers, the conference will facilitate discussions on India’s vibrant tech talent, its market adaptability for technological advancements, and the evolving regulatory landscape. 

Avery Ching, the Co-founder & CTO of Aptos Labs, commented, “India is home to incredibly talented developers and leaders who are advancing web3 in remarkable ways. It’s inspiring to see the impact builders in India have had on the entire Aptos ecosystem, and I hope to see more builders after our activation at IBW this year.”

"India is at a unique inflection point in Web3 adoption, with its thriving developer community, commitment to entrepreneurship, and pace of economic activity. I am excited to speak about opportunities for Monad Labs to collaborate with the local Web3 ecosystem in advancing blockchain innovation," added Keone Hon, CEO of Monad.

A consultation panel, led by the Department of Economic Affairs (DEA), is currently collaborating with industry stakeholders, including experts, companies, and the public, to establish regulations for cryptocurrency in India. IBW Conference will act as a vital platform for dialogue between policymakers and industry experts, providing a roadmap for India's potential in this sector.

“As a host of India Blockchain Week Conference, we are committed to amplifying India’s thriving web3 landscape on the global stage,” said Tak Lee, CEO & Managing Partner of Hashed Emergent. “Our goal is to foster collaboration across the Indian ecosystem by bringing together local innovators and global stakeholders. We’re excited to return with the second edition of IBW, continuing our work to nurture and grow the web3 community in India and other emerging markets.”

India’s innovation ecosystem is fueling global blockchain growth contributing to over 12% of the world’s Web3 developers and housing more than 1,000 startups, according to a joint report by Hashed Emergent and KPMG India. To further drive this momentum, IBW Demo-Day on December 4th will spotlight 15 leading Indian Web3 startups, showcasing their projects to an audience of investors, founders, and developers. ETH India Hackathon, running from December 6-8, will host over 1,500 developers, making it one of the country’s largest Ethereum hackathons. The IBW Hackathon will see 250+ participants, with the top ten projects competing for prizes and a chance to present at IBW2024 Conference.  

With sponsors like Polygon, Aptos, Starkware, and Starknet Foundation, IBW 2024 Conference will unite the largest ecosystems of start-ups, developers, and investors in the global web3 industry. Last year’s IBW Conference featured Vitalik Buterin (Ethereum), Jayant Sinha (Former Member of Parliament), Sebastien Borget (Sandbox), Charles Guillemet (Ledger) among others as speakers. 

About India Blockchain Week (IBW)

India Blockchain Week (IBW) is India’s largest series of blockchain and Web3 events, set to unify the global and local blockchain communities from November 30th to December 8th, 2024. With over 100 events, including the IBW2024 Conference, ETHIndia, IBW Demo-day, IBW Hackathon, and other networking opportunities, IBW provides a platform for thought leadership and collaboration across the blockchain ecosystem.

About Hashed Emergent

Hashed Emergent is the venture capital arm of Hashed, backing builders from India and emerging markets shaping the on-chain frontier. It invests at the earliest stages of a web3 startup's journey, using its expertise, experience, and network to amplify their growth and success. The team is rooted in the cultural hubspots of web3 in emerging markets, spanning across Bangalore, Seoul, Singapore, Lagos and Dubai. Hashed Emergent drives web3 focused ecosystem and community expansion in these markets through its purpose-built initiatives.