The Lumos Labs Hatch Accelerator is a program dedicated to fostering the growth of early-stage Web3 startups in India. Run by Lumos Labs, a Singapore-based innovation management firm, the accelerator is designed to identify and support promising projects that are building the next generation of decentralized applications.
The four-month program provides a comprehensive support system for participating startups. This includes mentorship from industry experts, a series of workshops covering various aspects of business and technology, and access to a wide network of investors and partners. The primary goal of the accelerator is to help these startups refine their products, achieve product-market fit, and scale their operations in the competitive Web3 landscape.
The Hatch Accelerator is a direct collaboration between Lumos Labs and the HederaHBAR Foundation, and it is specifically focused on expanding the Hedera ecosystem. The HederaHBAR Foundation provides the grant funding for the accelerator, demonstrating a significant commitment to nurturing the developer community and driving the adoption of the Hedera network in the rapidly growing Indian Web3 market.
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KPAY is a fintech company that provides a comprehensive suite of payment processing and financial management solutions for businesses. Its core service is its unified pay-in and pay-out platform. For pay-ins, the company offers a range of solutions, including smart point-of-sale (POS) terminals, QR code payments, and online payment gateways that support a wide variety of payment methods. For pay-outs, KPAY provides a business account with features for managing expenses, paying bills, and making international remittances.
KPAY's platform is a comprehensive financial and operational hub for merchants. The pay-in solutions are a key product, featuring Smart POS Terminals that accept over 12 major payment methods, including credit cards, mobile wallets, and QR code payments. This ensures a smooth checkout experience for customers.
For business operations, the KPay Business Account enables merchants to manage all their expenses in one place. This includes end-to-end bill payment, payroll management, and fast, affordable international remittances in multiple currencies. The platform also offers a suite of over 100 operational tools, such as industry-specific POS system integrations, CRM and loyalty systems, and data-driven financing solutions to help businesses grow.
Oneto11 is a multigenre mobile gaming platform built on the Hedera blockchain network. It features a pioneering social networking fantasy application with a diverse play-to-earn (P2E) ecosystem allowing users to generate income through wins and a deep, multi-layered referral system.
The Oneto11 platform hosts a wide array of games catering to different player preferences. Its core offering includes fantasy sports, where users create virtual teams for real-world matches in cricket, football, and other sports and compete for prizes. It also provides a robust collection of casual mobile games such as Ludo and Fruit Slice, educational quiz games, and immersive RPG and social metaverse experiences featuring non-fungible token (NFT) integration utilizing the Hedera blockchain platform.
A key aspect of Oneto11 is its integrated wallet, native “1TO11” token for ecosystem transactions, and NFT marketplace. Combined, these allow users to creation and trade in-game assets securely as NFTs, particularly within its RPG titles.
Fresh Supply Co (FSCO) is an agri-fintech company based in Queensland Australia. It functions on the Hedera blockchain, leveraging Hedera Hashgraph to enhance transparency, traceability, and financing within agricultural supply chains. The company focuses on providing verifiable provenance for agricultural products and digitizing trade finance. By integrating with Hedera, Fresh Supply Co offers immutable record-keeping for supply chain events, which supports the verification of Environmental, Social, and Governance (ESG) credentials for agricultural producers.
Their core offering includes the "Continuity API," which facilitates the flow of payments and data through complex supply chains. This technology enables agricultural exporters to track their produce from farm to consumer utilizing global payment networks such as Mastercard. Fresh Supply Co's platform allows for the tokenization of agricultural assets, turning verifiable supply chain data into a digital asset that can be used to secure financing. This approach unlocks liquidity for farmers and suppliers by providing financiers with greater visibility and assurance regarding the underlying commodities and their movement.
Rivia is a Dallas-based technology firm specializing in stablecoin, payments, and finance infrastructure solutions. Its flagship product, the Rivia US Dollar ($rUSD) stablecoin, is a low-cost settlement layer token pegged to the US dollar and used to facilitate global financial transactions and remittances via immutable blockchain ledger technology.
Its stablecoin offering is based on a "proof of reserve" (PoR) guaranteeing a 1:1 backing for its $rUSD stablecoin. $rUSD is broadly integrated across numerous digital payments and assets services and provides cross platform compatibility with major distributed ledger technologies including Hedera, Ethereum, Algorand, and Solana.
Rivia’s stablecoin model emphasizes collaboration with US credit unions to create expanded access to American markets. Key features of its offerings include low-cost, high-speed transactions, global accessibility, and enhanced security and stability derived from credit union liquidity distribution.
Its established partnerships include integrations with financial institutions such as Fivancial, LoneStar, Resource One, Plaid, and Janusea.