Ava Labs huurt OKX, Polygon Execs in om de activiteiten in India uit te breiden
- Ava Labs heeft leidinggevenden van Polygon en OKX ingehuurd om zijn aanwezigheid in India uit te breiden.
- Devika Mittal and Kamakshi Arjun have joined the firm’s local team, which now includes five people.
- The firm is “primarily focused on institutional partnerships, developers, and community growth.”
- According to Mittal, “India is a very big market,” and the firm will target ticketing, certification, supply chain, etc.
Ava Labs, het bedrijf dat verantwoordelijk is voor de ontwikkeling van de Avalanche-blockchain, is van plan de activiteiten in India uit te breiden en heeft voor zijn doelstellingen Devika Mittal van crypto-uitwisseling OKX en Kamakshi Arjun van Ethereum-scaling-oplossing Polygon (MATIC) ingehuurd. Het bedrijf wil samenwerken met Indiase instellingen, ontwikkelaars en overheidsinstanties om uit te breiden in het Zuid-Aziatische land.
Volgens een na on social media platform X (formerly known as Twitter), Mittal and Arjun have joined Ava Labs as head of India and business development lead for India, respectively, “accelerating the firm’s growth in the Indian market, primarily focused on institutional partnerships, developers, and community growth.”
It is important to note that Mittal previously worked for OKX as a lead of listings, while Arjun was Polygon Labs’ head of partnerships in India. According to Mittal, “India is a very big market,” while adding:
“There are many institutions and developers that we look to work with. We are already in talks with a lot of different large institutions, very prominent institutions, and we have already finalized a deal with a government agency.”
In an interview with TheBlock, Mittal stated that Ava Labs will target ticketing, certification, supply chain, and other sectors. She added that the firm will mirror its global partnerships in India while giving examples of collaborations with SK Planet’s electronics and entertainment firm Dreamus and improving its ticketing experience.
More importantly, Indian game streaming platform Loco teamed up with Ava Labs, allowing users to create new fan experiences on the Avalanche blockchain. The firm also noted that “India has become the world’s second-largest crypto market and is number one globally for blockchain adoption.”
Mittal and Arjun joined Ava Labs last month as the firm’s first full-time, India-based employees, and now the firm’s local team consists of about five people with plans to expand in the near future.
Zoals eerder gemeld door Bitnation, strikte beperkingen en hoge belastingen op crypto zou in India nog twee jaar kunnen duren, volgens lokale beurzen, die eraan werken de regering ervan te overtuigen de TDS te verlagen van 1% naar 0,01%.