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Industry

India’s ‘Blockchain YES, Crypto NO’ Push Just Got Its Biggest Funding Yet

Launched February 23, 2026, the ₹8.80 crore Blockchain India Challenge offers up to ₹50 lakh for 10 winners; registrations close March 27.

Written By:
Dishita Malvania

Reviewed By:
Divya Mistry

Last updated: March 11, 2026 12:23 PM
Published 2026-03-11
Share
Last updated: March 11, 2026 12:23 PM
Published 2026-03-11
India's 'Blockchain YES, Crypto NO' Push Just Got Its Biggest Funding Yet

Key Highlights

  • ₹8.80 crore prize pool: 10 winning startups will receive ₹50 lakh each for blockchain solutions in governance.
  • Registration deadline: Applications for the Blockchain India Challenge close on March 27, 2026.
  • 10 focus sectors: Includes land records, supply chain, healthcare, education, agriculture, and IoT.

The Ministry of Electronics & Information Technology (MeitY) is inviting Indian startups to register for the Blockchain India Challenge, a national-level initiative aimed at developing permissioned blockchain solutions for government use cases. 

The challenge, which was launched on February 23, 2026, by MeitY Secretary S. Krishnan in New Delhi, is being implemented by the Centre for Development of Advanced Computing (C-DAC) and carries a total prize pool of ₹8.80 crores distributed across multiple stages.

Registrations are now live at challenge.cdac.in, with the deadline set for March 27, 2026.

What’s on the Table

The challenge is structured across four stages: Ideation, Prototype, Minimum Viable Product (MVP), and Deployment. Up to 40 startups will be shortlisted in the Prototype stage, each receiving ₹1.5 lakh. 

The MVP stage will support up to 30 participants with ₹4 lakh each, while the Deployment stage offers ₹10 lakh each to up to 20 startups. The 10 final winners, one from each use case category, will receive ₹50 lakh each.

Winning solutions will be hosted on India’s National Blockchain Technology Stack and deployed with relevant government agencies.

One key detail worth noting: all solutions developed under this challenge must be non-crypto blockchain and Web3 applications. The government is clearly interested in the infrastructure layer of blockchain, not tokens or digital currencies.

The 10 Focus Areas

MeitY has identified 10 governance categories for the challenge: e-Procurement, Supply Chain Management, Public Distribution Systems, Education, Healthcare, Agriculture, Power, Internet of Things (IoT), Land Records, and Environment & Sustainability. Startups can also propose additional use cases beyond these, provided they collaborate with relevant government departments.

To be eligible, startups must be registered in India, not be subsidiaries of foreign corporations, and all members must be Indian citizens above 18 years of age. While DPIIT recognition is not required at the time of application, startups shortlisted for the Prototype stage must have applied for registration as an Indian startup.

How This Fits Into India’s Larger Blockchain Push

This challenge doesn’t exist in isolation. India has been steadily building its blockchain governance playbook over the past year, and the Blockchain India Challenge is the latest, and arguably the most structured, piece of that puzzle.

In August 2025, the Indian government laid out its Amrit Kaal vision up to 2047, outlining plans to integrate blockchain and AI into public services, including land records, digital commerce, and supply chain management.

Two months later, in October 2025, the Municipal Corporation of Amravati became one of the first municipal bodies in the state of Maharashtra to integrate blockchain into its core administration, shifting services like fire safety certificates, trade licenses, and construction approvals onto a blockchain-based system.

Earlier in 2025, Dantewada, a small Indian town, adopted Avalanche blockchain for land records, aligning with the National Blockchain Strategy established by MeitY and NITI Aayog. Pilot projects for blockchain-based land records have also been running in Chandigarh and Telangana.

On the parliamentary front, the momentum has only intensified. In February 2026, AAP MP Raghav Chadha called for a national blockchain-based registry for land and property records during the Rajya Sabha’s Union Budget 2026-27 debate, describing India’s current land records system as “utter chaos.” 

He proposed a phased rollout starting with 10 major cities. This was not his first blockchain push either. In December 2025, Chadha had proposed an Asset Tokenization Bill in Parliament, arguing that blockchain could make asset ownership as inclusive as digital payments have become since UPI.

Interestingly, just days after the Blockchain India Challenge launch, MeitY also felicitated the winners of the Cyber Security Grand Challenge 2.0, another startup-focused initiative with a ₹6.85 crore prize pool. The pattern is clear: the government is betting big on startups to build the next layer of India’s digital infrastructure, whether in blockchain, cybersecurity, or AI.

The Big Picture

What makes the Blockchain India Challenge significant is not just the money on the table but the intent behind it. This is the Indian government explicitly saying that blockchain is ready for real deployment in public services, not as a concept to be studied but as a tool to be built and scaled.

The challenge also builds on India’s existing digital public infrastructure, platforms like Aadhaar, DigiLocker, UMANG, and UPI, which are already deeply embedded in how citizens interact with government services. Blockchain is now being layered on top of this foundation to add verifiability, tamper-resistance, and transparency to systems that have historically struggled with document fraud, data silos, and manual inefficiencies.

For Indian blockchain startups, this is arguably one of the most concrete opportunities to build solutions that could be deployed at a national scale, backed by government funding and direct collaboration with departments.

Also Read: $2.4T Crypto Market, 12 Cr Indians but No Law Yet: GNLU Urges Regulation

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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Dishita Malvania - Senior crypto journalist at The Crypto Times
By Dishita Malvania
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Dishita Malvania is a Crypto Journalist with 3 years of experience covering the evolving landscape of blockchain, Web3, AI, finance, and B2B tech. With a background in Computer Science and Digital Media, she blends technical knowledge with sharp editorial insight. Dishita reports on key developments in the crypto world—including Litecoin, WazirX, Solana, Cardano, and broader blockchain trends—alongside interviews with notable figures in the space. Her work has been referenced by top digital media outlets like Entrepreneur.com, The Independent, The Verge, and Metro.co, especially on trending topics like Elon Musk, memecoins, Trump, and notable rug pulls.
Divya Mistry - Content Editor at The Crypto Times
By Divya Mistry
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Divya Mistry is a Content Editor with over 9 years of experience in news, PR, marketing, and research. Armed with a Master’s Degree in English Literature from the University of Mumbai, she specializes in crafting and refining long-form content across digital and print platforms. Over the years, Divya has contributed to and shaped content for leading brands across a range of industries, including real estate, healthcare, vertical transport, entertainment, lifestyle, education, EdTech, tech, and finance. Her research work has been featured on platforms like DNA India, Forbes, and Elevator World India. She now brings her editorial and research skills to explore the rapidly evolving world of cryptocurrency.

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