SPEILLLP, 500 Global, Balaji Srinivasan who is the former CTO of Coinbase, Third Kind Venture Capital, Sancus Ventures, and Version One VC participated in this investment.
The development was a component of the introduction of Indian Web Browser Development Challenge (IWBDC) that is announced by Ministry of Electronics and Information Technology (MeitY).
This solution, which is currently in the developmental stage, employs a paymaster contract in conjunction with account abstraction and ERC-4337 technology