PANews reported on May 8 that according to Cointelegraph, Bitget and Avalanche announced a strategic partnership in India and will invest at least $10 million to support the local Web3 community, including micro-grants, scholarships, hackathons and workshops, with the first batch focusing on Delhi and Bangalore. India is currently one of the fastest growing encryption and developer markets in the world, with young users accounting for nearly 75% and developers accounting for 17% of the world's new Web3 contributors.