India Web3 Landscape Report reveals that India has the world's third-largest web3 founder base with over 1,200 firms spanning various sectors.11.8% of crypto developers globally are based in India, making it the world's second-largest crypto developer base.Hashed Emergent launched the 3rd edition of the 'India Web3 Landscape' report, offering insights into India's web3 ecosystem.Indian entrepreneurs in 2024 focused on building new DeFi applications and other web3 solutions.45.3% of Indian web3 developers contribute to code, with gaming and NFTs being the most common web3 use cases.India accounted for the largest percentage (17%) of new developers entering the web3 space in 2024.Over $3 billion has been invested in Indian web3 startups, with significant contributions from various investors.Indian web3 gaming attracts players who spend more than conventional gamers and show high engagement.Indian cryptocurrency trading has seen renewed growth, with significant participation from Generation Z and women.The Indian government is embracing web3 technologies, with initiatives under the National Blockchain Framework and increasing enterprise adoption.