Snapper Future Tech recognized as promising blockchain start-up of India by MeitY

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Snapper Future Tech

STPI launches innovative CoE ‘Apiary’ for blockchain technology at Gurugram

INDIA: The Software Technology Parks of India (STPI), an autonomous society under the Ministry of Electronics and IT (MeitY), launched ‘Apiary’ — a new and innovative Centre of Excellence (CoE) in Gurugram that will look into the fast-growing blockchain technology in the country. This incubation center, that partners with promising start-ups in the field of blockchain technology in India, has recognized Snapper Future Tech, a global services and technology products company leading digital transformation for enterprises using blockchain, as one among 10 promising blockchain start-ups of India.

India has been at the forefront of digital transformation and its National Blockchain Strategy is a testament to that. Through Apiary, we can transform the education sector and I look forward to bringing our credential Issuing and Verification blockchain platform to all universities. Niche start-ups like ours are at the forefront of blockchain R&D, technology, and product innovations. We can together put India on the world map as a pioneer of this disruptive technology,” said Darshana Jain, Partner & CEO, Snapper Future Tech.

The inaugural event for the CoE, which was held virtually on March 23, 2021, detailed the kind of work ‘Apiary’ will undertake to take forward the implementation of blockchain technology in India amid the presence of some of India’s leading blockchain technology stalwarts. As a part of Apiary, Snapper Future Tech will now have access to the 80-seat co-working space and dedicated blockchain platform. Apart from physical infrastructure, the Centre will have the access to mentorship programs and VC funding.

The CoE was inaugurated by Mr. Ajay Prakash Sawhney, Secretary, MeitY in the presence of eminent personalities Ms. Jyoti Arora, Special Secretary & Financial Adviser- MeitY, Mr. Saurabh Gaur, Joint Secretary- MeitY, Mr. Vineet Garg (IAS), Principal Secretary- DITECH, Dr. Anil Wali, MD- FITT, and Mr. Pankaj Thakar, Chief Mentor of Apiary CoE & Founder- Padup Ventures.

“It is an honor to be recognized for our work in the area of blockchain technology by MeitY and STPI. We are delighted to be part of such an innovative initiative like Apiary”, said Naresh Jain, COO & Co-founder Snapper Future Tech.

A Centre of Excellence (CoE) is a domain-specific specialized incubation facility for start-ups in the area of emerging technologies where the highest-standards and best-practices in terms of infrastructure, technology, leadership, mentoring, training, research & development, funding, networking for the given focus area is made available to the participating companies.

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