Mon, November 18

CoinDCX’s Unfold 2023 Demo Day: 10 Web3 Startups Compete for$1M Funding

CoinDCX’s Unfold 2023 Demo Day: 10 Web3 Startups Compete for$1M Funding Press Release

CoinDCX, India’s leading and most valued VDA company, in collaboration with BuidlersTribe, is thrilled to announce the second edition of Demo Day at Unfold 2023. Building on the success of its collaboration in 2022, CoinDCX is once again proud to partner withBuidlersTribe. This annual event, designed to support the innovative spirit of Web3 startups, will take place in the heart of India’s Silicon Valley, Bengaluru on October 20th, the second day of Unfold 2023. Unfold’s Demo Day is the perfect platform for aspiring Web3 founders to connect with potential investors, partners, and customers, propelling their entrepreneurial journey to new heights.

Some of the top-tier Web3 investors, including CoinDCX Venture, Pi Ventures, Mumbai Angels, GlobalCoin Research, Dorahacks Ventures, Hashed EM, Draper Dragon, and IOSG Venture, are participating in the Demo Day. The journey began when CoinDCX and BuidlersTribe officially opened the call for applications on September 11, 2023, which resulted in an overwhelming response with hundreds of proposals flooding in. A diverse panel of industry experts and investors reviewed all submissions, curating a cohort of promising startups. On October 20th, these entrepreneurs will get the opportunity to showcase their solutions and innovations before the marquee investors, illustrating how their startups hold the potential to address real-world challenges.

Rohit Jain, Managing Director, CoinDCX Ventures, emphasized, “It’s truly inspiring to witness the surge of Web3 startups building innovative use cases right here in India. At CoinDCX Ventures, our mission is clear – we are dedicated to nurturing and supporting these promising startups, thereby beautifying the Web3 ecosystem. We are eagerly looking forward to the unprecedented innovation that will unfold before us, and we’re committed to empowering one deserving Web3 startup with a substantial $1 million investment.”

The CEO of BuidlersTribe, Raghu Mohan “I am glad to see the return of Unfold, and being able to work with the CoinDCX team is the icing on the cake. Since last year’s edition of Unfold, Buidl. so has over 1400 startups on the platform and a vibrant community of tribe members helping early-stage web3startups every day. This year’s cohort for the demo day will get even more support from Build. so we’re excited to uncover India’s next big web3 phenomenon at Unfold 2023.”

Unfold 2023, India’s premier Web3 event happening in Bengaluru will be a three-day event starting – on 21st October 2023, it will comprise of conference with industry experts, a multi-chain multi-protocol hackathon for developers, a demo day for Web3 founders, etc.

About CoinDCX


Established in 2018, CoinDCX is the preferred crypto exchange in India, but also an instrumental player in building the broader Web3 ecosystem. Trusted by over 1.4 crore registered users. Our mission is simple: to provide easy access to Web3 experiences and democratize investments in virtual digital assets.

We prioritize user safety and security, strictly adhering to KYC and AML guidelines. In our commitment to quality, we employ a stringent 7M Framework for the listing of crypto projects, ensuring users access only the safes of virtual digital assets.

CoinDCX has partnered with Okto for India to launch a secure multi-chain DeFi app that offers a keyless,self-custody wallet. It aims to simplify the world of decentralized finance (DeFi) by providing a secure, user-friendly, and innovative solution for managing virtual digital assets.

Through CoinDCX Ventures, we’ve invested in over 15 innovative Web3 projects, reinforcing our dedication to the Web3 ecosystem. Our flagship educational initiative, #NamasteWeb3, empowers Indians with web3 knowledge, preparing them for the future of virtual digital assets.

CoinDCX’s vision and potential have gained the confidence of global investors, including Pantera, Steadview Capital, Kingsway, Polychain Capital, B Capital Group, Bain Capital Ventures, Cadenza, Draper Dragon, Republic, Kindred, and Coinbase Ventures.

At CoinDCX, we’re leading India towards the decentralized future of Web3 with an unwavering commitment to safety, simplicity, and education.

About BuidlersTribe

Builders Tribe is a web3-native distributed incubator, helping startups in their 0 to 1 journey through our platform Build. so https://buidl.so/

We bring together industry leaders, mentors, and top VCs to help promising web3 startups through funding, grants, startup tool credits, demo days, and mentorship from some of the best names in the ecosystem. To this date, Build. so has helped over 1400 startups, giving them exposure to nearly 400 investors from around the world. A total of $28 million has been raised by startup founders through Build. so’s various events and initiatives, including the Demo Days.

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