The Algorand Foundation announced several partnerships in India, including collaborations with schools to develop educational programs that will help grow Web3 in the country.
In an announcement sent to Cointelegraph, the Algorand team said it has partnered with Hyderabad's Jawaharlal Nehru University of Technology and India Business School with the intention of launching educational programs. This includes programs for both faculty development and student developer training. In addition, the firm will also host a master class for companies looking to dive into the Web3 space.
Anil Kakani, Algorand's newly appointed country head for India, said the partnerships aim to deliver sustainable impact. He explained:
โWe are ready to take center stage in India and around the world to drive world-changing solutions to improve access to financial services, healthcare, education and many other critical applications.โ
In addition to the education sector, the company is also trying to tap into the country's startups. Algorand also announced a partnership with T-Hub, a Hyderabad-based innovation hub. According to T-Hub CEO MS Rao, the partnership will help local startups access capital from around the world and scale their projects globally.
The Algorand Foundation also became the technology partner for a Global Climate Resilience Fund launched by the Clinton Foundation. The fund will contribute to helping local businesses connect to carbon markets and monetize carbon credits. Through seed investments and accelerator programs, the firm will support women-led businesses to increase financial inclusion. Algorand Foundation CEO Staci Warden said:
โI am delighted to be back in India and especially to see the acceptance and enthusiasm of people across the country for technology that can have such a significant and positive impact on their quality of life.โ
Warden mentioned that the partnerships will help blockchain reach its potential and help the local ecosystem become a more inclusive economy.
Related: Algorand Foundation Outlines $35M Exposure to Crypto Lender Hodlnaut
The Algorand Foundation has been continually expanding its presence globally. On December 13, the company announced that it had been chosen to support a platform of banking and insurance guarantees in Italy.
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