In the fast-evolving world of blockchain, Polygon has emerged as one of India’s most successful and globally impactful Web3 companies. Founded in 2017 by Sandeep Nailwal, Jaynti Kanani, and Anurag Arjun, Polygon set out to solve a critical challenge facing blockchain technology — Ethereum’s scalability problem.
Ethereum, while powerful, struggled with high transaction costs and slow speeds. The founders envisioned a layer-2 scaling solution that could make blockchain applications faster, cheaper, and more accessible to developers worldwide. That idea became Polygon — a protocol that today powers thousands of decentralized applications (dApps) and processes over 1 billion transactions annually.
By 2025, Polygon has achieved a valuation of $10 billion with $50 million in annual revenue, positioning itself as one of the top global blockchain ecosystems. The network’s architecture allows for interoperability, scalability, and security, making it the backbone for projects across DeFi, gaming, NFTs, and enterprise blockchain solutions.
Polygon’s early success was driven by its flagship product, the Polygon PoS (Proof of Stake) chain, which reduced Ethereum gas fees by up to 99% while maintaining high transaction throughput. This innovation made blockchain more practical for mainstream developers and users, fueling mass adoption.
Over the years, Polygon expanded into a multi-chain ecosystem, introducing solutions like Polygon zkEVM, Polygon Miden, and Polygon Supernets — technologies that bring zero-knowledge proofs and modular scaling to Web3. These tools empower developers to build faster, more efficient, and privacy-preserving applications on Ethereum’s foundation.
One of Polygon’s defining moments came when major global brands such as Nike, Starbucks, Reddit, and Meta (Instagram) adopted its blockchain to launch digital collectibles, loyalty programs, and Web3 experiences. These partnerships cemented Polygon’s role as the infrastructure layer for mainstream blockchain adoption.
The company’s success also symbolizes India’s growing influence in global deep tech innovation. Co-founder Sandeep Nailwal has often emphasized the importance of building technology that serves developers first:
“We didn’t build Polygon for hype — we built it to solve real problems for real builders.”
Polygon’s mission goes beyond financial applications. Its Green Manifesto commits to achieving carbon neutrality, and it invests in initiatives promoting sustainability in blockchain operations, a critical step for the industry’s long-term future.
With the Web3 industry projected to reach trillions in value, Polygon’s strategy is to become the invisible infrastructure powering decentralized economies. From NFTs to decentralized identity and fintech, its technology now supports projects in over 100 countries.
Despite market volatility, Polygon’s long-term focus on scalability, developer tools, and ecosystem growth has made it one of the few blockchain networks with lasting utility and strong community trust. Its open-source model ensures transparency, while its developer grants and accelerator programs fuel global innovation.
In 2025, Polygon represents not just a blockchain project, but a movement toward a decentralized internet. Its journey from an Indian startup to a global Web3 powerhouse underscores a powerful lesson for entrepreneurs: build infrastructure for emerging tech ecosystems, and the world will build on top of you.
Last Updated on: Monday, October 27, 2025 7:25 pm by Republic Business Team | Published by: Republic Business Team on Monday, October 27, 2025 7:25 pm | News Categories: Startup
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