
CIFDAQ Spearheads Web3 Discussions at Surat's 21by72 Startup Summit

Lim Qiaoyun
Additionally, CIFDAQ was critical to the success of the 4th edition of the 21by72 summit. The competition, which was hosted on June 14th and 15th, 2025 in Surat. As the event’s title sponsor, CIFDAQ was instrumental in creating a New Energy Economy dynamic throughout the two-day event. It convened the foremost founders, investors, and creators to tap into the booming Indian digital economy. The summit served as a platform for insightful discussions and explorations into the future of technology and entrepreneurship in India.
Driving Digital Dialogue
CIFDAQ left an impression at the summit that will not soon be forgotten thanks to its extremely popular interaction zone. It attracted hundreds of participants hungry for knowledge on crypto trading and developing blockchain ecosystems. The business seized the chance of the summit to shape discussions about India’s rapidly changing digital and start-up ecosystem.
Mr. Himanshu Maradiya, Founder & Chairman of CIFDAQ, inaugurated the event with an impactful address, emphasizing India's prominent role in the global Web3 revolution. He highlighted the nation's robust digital infrastructure, growing number of startups, and the strength of its developer community as key factors propelling India's leadership in this space.
India isn’t just participating in Web3, we are leading it. - Mr. Himanshu Maradiya
Web3 and India's Digital Future
With more than ten energetic panels, the summit featured two exhilarating days of learning and sharing. Key guests — including Azhar Iqubal, Co-Founder and CEO of Inshorts, and Dr. Vijay Kedia, Director of Kedia Securities and Atul Auto Ltd — provided perspectives that heightened the experience with valuable insights. These discussions, along with CIFDAQ's contributions, focused on critical areas such as Web3, creator-led ventures, and innovations emerging from tier-2 cities.
Mr. Maradiya went on to discuss the transformative power of tokenization and smart contracts. Prof. Raghuram Rajan highlighted the role of digital financing in ensuring that Indian SMBs thrive. His remarks highlighted the tremendous potential to harness these technologies to spur economic development and innovation all over the country.
Web3’s principles of decentralization and transparency are natural extensions of our societal fabric. India’s digital infrastructure further amplifies this potential. India Stack, with Aadhaar and UPI at its core, demonstrates how interoperability and scalability have transformed financial services. - Mr. Himanshu Maradiya
Summit Highlights and Key Focus Areas
To make things even cooler, the 21by72 summit put a huge focus on Web3 technologies, and how they have the power to disrupt entire industries, and empower creators. Panels and conversations at the event centered around the emergence of creator-led businesses. Further, they noted the increasing importance of individual content creators, their outsized role in driving the digital economy.
Another key focus area was the exploration of innovations originating from tier-2 cities, showcasing the diverse talent and entrepreneurial spirit present across India. The summit provided a platform for these emerging innovations to gain recognition and support, fostering a more inclusive and dynamic digital ecosystem.