On December 6-7, the Algorand Foundation’s 2025 India Summit brought together over 380 executives, policymakers, investors, developers, startup founders, and thought leaders who are making India one of the world’s largest Web3 hubs.
Attendees at this year’s Summit in Bengaluru experienced a blockchain world with Web3 solutions already breaking down traditional barriers to finance and liquidity, solutions that, at scale, empower millions to greater economic independence.
Speakers and discussion
Key figures from the Algorand Foundation set the stage for Summit discussions about the current and future state of Web3 adoption in India. Staci Warden, CEO of the Algorand Foundation, delivered a keynote address and led insightful "In Conversation" sessions.
She spoke with Chetna Sinha, Founder/Chair of Mann Deshi Bank and Foundation, about the Mann Deshi Digital Scorecard and ensuring financial access for India's micro-entrepreneurs. Staci and Suraj Teja, Founder of Sow & Reap, also discussed the creation of the world's first on-chain farm-based tokenized carbon credits.
Matt Keller, Head of Impact, opened the summit with Welcome Remarks and led the discussion on Blockchain and the Creator Economy. Anil Kakani, VP & India Country Head for AF, highlighted the critical role of developers as the backbone of our ecosystem. Algorand’s India Tech Lead, Dr. Nikhil Varma, led a workshop for enterprise leaders on the power of Web3 for greater customer retention.
Summit highlights: enterprise, policy, creator economy, and startups
The summit featured deep dives into policy and the practical application of blockchain across various sectors:
- Financial policy: A Fireside Chat with Dr. KP Krishnan, Professor and Retired Civil Servant, explored the necessary financial policy for blockchain diffusion in India.
- Enterprise spotlight: Mirai Chatterjee of the Self-Employed Women’s Association (SEWA) described the Digital Health Passport, which has onboarded over 5,000 women to blockchain wallets to help workers access government health and welfare programs. The team from Scalion discussed scaling trust from farm to table by moving from Web2 to Web3 to help farmers unlock financing.
- Startup ecosystem: Govindraj Ethiraj, an influential journalist, moderated discussions with founders, including the co-founders of inventory management startup Invera, and the founders from ProofMint and Edubuk, who are creating a blockchain-verified CV platform.
- Film and music: The challenges and new models in the creative industry were highlighted by FilmFinance co-founder, Divya T. and independent film producer Madhureeta Anand. Attendees enjoyed a discussion with Shreyas Kamble of WebSonix, who is building a platform for musicians to retain better control of their IP and more transparent royalties. Both FilmFinance and WebSoniX are members of earlier cohorts of the Algorand Startup Lab.
- Web3 infrastructure: Winners of previous AlgoBharat Pitch Competitions shared their progress, underscoring the shift toward meaningful adoption. Shuja Hussain from Carret (2024 Winner and 2025 Startup Lab member) spoke on removing hurdles to enterprise adoption, and Abhijit Pegu from LW3 (2023 Winner and 2024 Startup Lab member) discussed using Web3 for customer retention through their solution to manage reverse logistics for EV batteries.
Business and partnership featured projects
The event included a series of major updates from teams building real-world solutions on Algorand. From finance to education to climate and the creative economy, startups and social collaborations in India are showing what on-chain enterprise impact looks like.
Financial access and fintech
- Mann Deshi is piloting India’s first blockchain-based credit scorecard for women micro entrepreneurs. The successful pilot onboarded 500 women, and over half of the first loan applications were approved or disbursed within one month, instead of several weeks. Read the case study.
- Carret, winner of the AlgoBharat 2024 pitch competition, is building the financial rails for access to ALGO and crypto-to-INR on/off ramping that India's Web3 ecosystem needs to scale. Carret Co-Founder and COO Shuja Hussain joined Algorand Foundation CSMO Marc Vanlerberghe on an episode of Verifiably Random. See the episode to be released on Friday, December 12, 2025.
- Scalion is bringing farm-to-table transparency to India by moving from Web2 to Web3, helping farmers unlock financing using verified production data.
Supply chain and logistics transparency
- Invera launched its MVP on testnet, using blockchain and AI-driven analytics to help retailers cut waste and automate restocking. Early pilots show strong promise for smarter inventory systems among pilot customers.
- LW3 completed a pilot with a major EV car maker, using blockchain to automate battery return rewards and reverse logistics payments through a full Web3 stack.
Identity and verifiable credentials
- Edubuk has launched India’s first blockchain-verified CV platform and partnered with ProofMint to bring verifiable credentials directly into the hiring process, reducing fraud and speeding up placement.
- ProofMint, using Algorand’s Intermezzo solution, is live on mainnet with an open API for instant credential verification and now powers Edubuk’s TruCV solution for employers and institutions.
- SEWA has onboarded over 5,000 women to blockchain wallets, helping workers access government health and welfare programs faster and with fewer barriers. More than 80,000 transactions have already been recorded on-chain. Read the case study.
- Naandi Water is using Algorand to create a blockchain solution for on-chain tracking of clean water awareness events to provide immutable proof of program effectiveness needed for donor management and carbon credit audit purposes. Training is underway for territory officers across Naandi Water’s 700+ reverse osmosis water treatment plants.
Creative economy and media
- WebSoniX is building a music tokenization platform for transparent royalties and real-time artist payments, giving creators more control and new revenue pathways. WebSoniX provides much-needed revenue for artists to create new content without losing ownership of their IP.
- FilmFinance is live on mainnet with a new model for film finance that lets anyone invest in movies and helps independent creators access capital.
Climate tech
- Sow & Reap has generated the world’s first on-chain farmer-based tokenized carbon credits for the Alternate Wetting and Drying methodology, creating new income streams for smallholder farmers while reducing methane emissions.
AlgoBharat Hack Series #2 winners
A Summit highlight included the finals of AlgoBharat’s Hack Series #2. Attendees cheered on the top four finalist teams, who pitched on the main stage on Dec 6th.
Indrion's 10xSwap is an AI-powered DeFi hub on Algorand that provides a platform that integrates an AI chat agent, automated trading, multi-DEX aggregation, and a token launchpad. This unified approach makes complex DeFi activities like trading and liquidity routing accessible to all users.
AlgoXpress’s Algo Intent is an AI-powered layer that translates plain English commands into on-chain actions on Algorand. Users can send tokens or swap assets by simply typing their instructions. The system integrates with web, mobile, and WhatsApp to make blockchain interactions as simple as sending a message.
Civitas’s DeCoMan is a decentralized layer for consent and document management that provides users full data ownership while offering organizations tamper-proof, blockchain-verified consent records. The application features a custodial wallet (Intermezzo), integrates with Digilocker, and enables secure, compliant data sharing for institutions.
ARCraft offers a unified, production-ready SDK for Algorand that simplifies the use of all major ARC standards. Its cross-platform interface allows developers to create NFTs, manage assets, and build dApps with minimal code. The SDK is designed to accelerate development for both new and experienced builders in the ecosystem.
Algorand Startup Challenge winners
On Dec 7th, the Startup Challenge finalists pitched on the main stage. Judges selected the following projects as the top four winners:
Xythum Labs runs a privacy-preserving dark execution layer for cross-chain settlement that eliminates Maximal Extractable Value (MEV), front-running, and orderflow leakage through confidential intent-based settlement on Algorand.
Alo Agritech (Kheti Badi) is a verified organic food supply chain platform that provides farm-to-invoice transparency. Using the Algorand blockchain and L2 technology to empower small farmers, Alo Agritech eliminates trust issues in organic certification and enables direct market access with instant payments.
Traxseon (by Hindustan Electro Technology) is a blockchain-powered supply chain platform for mission-critical electronics in Aerospace, Defense & Space industries, transforming trust, authenticity verification, and multi-party collaboration through tokenization and smart contracts.
ScholarChain is a decentralized academic publishing platform that implements fractional ownership for research knowledge, ensuring fair compensation for creators (researchers, reviewers, editors) while making research accessible to the community through blockchain-based governance.
A look ahead: Algorand powering real-world impact
The Algorand 2025 India Summit highlighted blockchain’s practical, meaningful adoption across critical sectors in India. From financial inclusion to scalable climate solutions and transparent creator funding, Algorand is powering real-world impact at scale.
Thank you to everyone who attended and made this summit a success. A special thanks to the incredible teams building these solutions, like Mann Deshi, SEWA, Scalion, and Carret, who are showing what practical, meaningful blockchain adoption looks like!
Stay tuned for further updates on the ongoing progress being made by our ecosystem partners. To follow these ongoing developments and be the first to hear about next year's summit, join our email list and follow us on X!
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