On March 13, the total financing of Web3 startups in India reached 564 million US dollars, a significant increase from 270 million US dollars in 2023. Infrastructure investment accounted for the highest proportion, mainly supporting artificial intelligence, middleware and data tool projects. In addition, investment in the financial sector has also increased by more than 50%, reaching $86 million. India's developer community is growing the fastest in the world, with the number of open-source developers increasing by 28% year-on-year to 4.50 million, and may surpass the United States to become the largest developer community in the world by 2028.