India hosts first-ever Solana DePIN Summit in Bangalore amid major growth in blockchain startups

With a paltry 41 million fixed broadband connections (compared to China's 600M+), India is strapped for infrastructure.

Mar 30, 2025 - 00:30
 0  11
India hosts first-ever Solana DePIN Summit in Bangalore amid major growth in blockchain startups

New Delhi: Bangalore, India’s tech hub, hosted the country’s first-ever Solana DePIN Summit on March 25, 2025, marking a indispensable milestone for India’s digital ecosystem on the international stage. The match brought together Indian and international startups engaged on Decentralized Bodily Infrastructure Networks (DePIN), providing a platform for innovators and entrepreneurs to showcase their solutions to investors from India and around the area.

India has witnessed a indispensable enhance in blockchain startups, particularly for DePIN, which combines IoT, energy networks, and wi-fi communications with blockchain for decentralized management. In contrast with old constructions, DePIN empowers infrastructure by democratizing it, changing into extra efficient and sturdy.

Y Combinator-backed startup Wifi Dabba, based in Bangalore, is the title sponsor for the summit. Wifi Dabba leverages the blockchain of Solana to power broadband get entry to in Tier 2/3 cities by task of a DePIN mannequin, partnering with local operators below India’s PM-WANI program.

Wifi Dabba’s Co-founder Shubhendu Sharma acknowledged:”Solana’s replacement of India for its inaugural DePIN Summit shows our rising Web3 presence. Indian startups are the utilization of blockchain to cope with proper-world disorders.”

With a paltry 41 million fixed broadband connections (when in contrast to China’s 600M+), India is strapped for infrastructure. Wifi Dabba’s DePIN mannequin helps decrease capital entry facets, addressing the digital divide as TRAI objectives for 100M broadband customers by 2030.

Bangalore is identified to be India’s Silicon Valley, that fosters varied blockchain startup scenes. Events be pleased Solana DePIN summit can support mark greater India’s role in the Decentralized Bodily Infrastructure Networks (DePIN) across the globe with the support of local abilities and international toughen.

This landmark match will mark India to emerge as a major player in Web3 improvements driving the wave of Decentralized Bodily Infrastructure Networks (DePIN).

What's Your Reaction?

like

dislike

love

funny

angry

sad

wow