CoinSwitch Ventures & GravityX Capital partner to launch web3 Scale-up program Levitate

Levitate Labs
3 min readAug 15, 2023

Levitate has opened up access to the first season; startups selected will go through a tailor-made program to drive growth and become market ready.

GravityX Capital, an early-stage web3 venture capital firm with 30+ investments in DeFi, Web3 Infra, and Gamefi, is partnering with CoinSwitch Ventures, a prominent Web3 investment arm of CoinSwitch Web3 Exchange, to launch a groundbreaking Web3 Scale-Up Program called ‘Levitate’. The program targets established startups looking to scale up in the Web3 space. This strategic initiative aims to support and propel Web3 companies toward launch readiness, accelerated traction, and operational excellence.

The Web3 Scale-Up Program combines the extensive expertise and resources of GravityX Capital and CoinSwitch Ventures to foster the growth and success of promising Web3 ventures. By providing a comprehensive suite of support and guidance, the program aims to equip selected startups with the necessary tools, knowledge, and connections to navigate the complex landscape of the Web3 ecosystem and become fundable-ready.

Key Highlights of the Web3 Scale-Up Program:

1. Launch Readiness: The program will assist selected companies in refining their product offerings, enhancing the user experience, and optimizing the technical infrastructure to ensure a robust and successful launch in the Web3 space. Participants will gain access to industry-leading experts who will offer tailored guidance throughout the program.

2. Accelerated Traction: The program provides startups with valuable insights, enabling them to scale massively in the Web3 space. It encompasses essential elements such as brand positioning, marketing, and PR, prioritizing community and developer activation, and strategic business development. Levitate will leverage its extensive network of thought leaders, influencers, and partner companies and help foster strategic partnerships for startups in the scale-up program to fuel their growth trajectory.

3. Team Building and Operational Excellence: This program is designed to help startups build a cohesive team aligned with their growth strategy. Participants will receive comprehensive talent acquisition, hiring, and sourcing support, ensuring that they find the right people. Additionally, the program assists in establishing operational systems, transforming your startup into a well-oiled machine, and ensuring accelerated growth without the usual hassles and obstacles.

4. Network and Investor Access: Participants in the Web3 Scale-Up Program will gain unparalleled access to GravityX Capital and CoinSwitch Ventures’ extensive networks of successful entrepreneurs, strategic investors, and Industry Experts. This invaluable exposure will open doors to potential partnerships, collaborations, and funding opportunities, accelerating the growth trajectory of the selected companies.

“We are thrilled to join forces with CoinSwitch Ventures to launch the Web3 Scale-Up Program,” said Pratik Magar, General Partner at GravityX Capital. “Our combined expertise and network in the Web3 space will enable us to identify and nurture high-potential startups, empowering them to succeed in this rapidly evolving industry.”

Parth Chaturvedi, Investment lead at CoinSwitch Ventures, commented, “Web3 technology has immense potential to reshape industries and unlock new opportunities. Through this program, we aim to identify and support the most promising Web3 startups, providing them with the resources and guidance needed to thrive in this dynamic ecosystem.”

Applications for the Levitate Web3 Scale-Up Program are now open. Web3 startups seeking to accelerate their growth and make a significant impact are encouraged to apply through the program’s official website. While limited seats are available for the first season, the team aims to open access to more startups and help grow the Indian Web3 ecosystem.

For more information about the Web3 Scale-Up Program and to apply, please visit http://levitatelabs.xyz/

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Levitate Labs

Levitate is a web3 Scale-Up program that brings together the extensive expertise and resources to foster the growth and success of promising Web3 ventures.