India to Host First-Ever Solana DePIN Summit in Bangalore

India's expanding footprint in the Web3 space is drawing global attention, with leading blockchain companies looking to engage with the country's thriving developer and startup ecosystem. As a key hub of Web3 innovation, Bangalore is set to host the first-ever Solana DePIN Summit on Tuesday, March 25, 2025.

The Solana DePIN Summit will unite a diverse array of global and Indian startups pioneering advancements in Decentralized Physical Infrastructure Networks (DePIN). This one-day event will offer Indian Web3 entrepreneurs an exclusive platform to pitch their groundbreaking ideas to international venture capitalists (VCs) and interact with the global blockchain developer community.

India's Rapid Growth in Blockchain and DePIN Innovation
Over the past two years, India has seen a surge in blockchain-based startups, particularly in the DePIN sector. These projects leverage decentralized ledger technology to build critical infrastructure solutions, offering alternatives to traditional centralized systems.

What is DePIN?
Decentralized Physical Infrastructure Networks (DePIN) integrate physical infrastructure-such as IoT devices, energy grids, and wireless networks-into blockchain-powered platforms. Unlike conventional models owned by centralized entities, DePIN solutions distribute ownership and control via blockchain, making infrastructure more accessible, efficient, and resilient.

Wifi Dabba Joins as Title Sponsor

Among the prominent supporters of the Solana DePIN Summit is Wifi Dabba, a Bangalore-based startup utilizing a DePIN model to expand broadband connectivity in Tier 2 and Tier 3 cities across India. A Y Combinator-backed company, Wifi Dabba has played an active role in India's PM-WANI initiative by collaborating with Local Cable Operators (LCOs) to democratize internet access.
Shubhendu Sharma, Co-founder of Wifi Dabba, emphasized the significance of the event: "Solana choosing India for their first-ever DePIN Summit is a strong testament to the country's growing influence in Web3. Indian startups are playing a crucial role in decentralized infrastructure, and we are excited to connect with fellow developers who are solving real-world problems using blockchain."

Wifi Dabba employs the Solana blockchain and decentralized ledger technology to enhance last-mile internet connectivity for households and small businesses. Highlighting the importance of their DePIN model, CEO Karam Laskhman stated:
"India continues to lag with only about 41 million fixed broadband connections, compared to over 600 million in China. One of the biggest challenges in building the necessary infrastructure to expand WiFi services is the massive capital requirement. Our DePIN model allows us to overcome this barrier for our Local Internet Operators."

With India's increasing data consumption fueled by social media and OTT platforms, the Telecom Regulatory Authority of India (TRAI) has set a target of reaching 100 million broadband subscribers by 2030. Wifi Dabba's DePIN framework offers a scalable solution to accelerate this digital expansion.

Bangalore: The Emerging Web3 Startup Hub
Bangalore, often referred to as India's Silicon Valley, is fast emerging as a center for Web3 innovation. The city's growing network of developers, entrepreneurs, and investors has created a thriving environment for blockchain and decentralized infrastructure projects. International Web3 summits, such as the Solana DePIN Summit, not only inspire the next generation of innovators but also provide them with a platform to showcase their ideas on a global stage.

With India's Web3 ecosystem rapidly maturing, events like these reinforce the country's role as a key player in the future of decentralized technology.

Wifi Dabba India Private Limited
RMZ Gateway, 8, 80 Feet Rd, 4th Block, AVS Layout, Koramangala, Bengaluru, Karnataka 560034
Phone: 080 4814 1414
Press Contact: Utsav@WifiDabba.com

Wifi Dabba is a registred Indian Internet Services Provider founded in 2016. It has been working with the Telecom Regulatory Authroity of India (TRAI) under the PM-WANI project for bringing wireless internet services to masses. It has also adopted a DePIN model with Solana to bring decentralized Wireless Internet in India.

This release was published on openPR.