He Yi: Binance Labs will focus on early Web3 projects in the Indian market

According to Chain Catcher news and the Economic Times of India, He Yi, co-founder of Binance and head of Binance Labs, stated that Binance Labs will focus on early Web3 projects in the Indian market. With the rapid development of the ecosystem for entrepreneurs and developer talent, India will be a key market for Web3.

It is reported that Binance Labs manages a portfolio of $7.5 billion, covering 200 projects. Since 2018, Binance Labs has been supporting Web3 startups in India at the incubation, early, and late stages, including Polygon and pStake Finance. (source link)