DLT Labs to set up Centre of Excellence at AKTU

Enterprise blockchain solutions provider DLT Labs has committed to spend up to Rs 1 crore to set up a Centre of Excellence at Dr. A. P. J. Abdul Kalam Technical University, (AKTU), Uttar Pradesh, this year.

A statement issued by the company highlighted their role in fostering the knowledge of students through a memorandum of understanding (MoU), where AKTU will provide the physical infrastructure, and DLT Labs will bring in enterprise blockchain expertise and cloud infrastructure. 

DLT Labs founder and CTO Neeraj Srivastava announced plans to hire 600 people this year in keeping with their vision to build the company’s presence in the state, to ride a strong momentum of growth in the coming years. He added that the company was committed to collaborating with AKTU and working with the UP government on building smart cities through blockchain technology. 

DLT Labs was founded in 2017 by Srivastava and his partners, Ajay Singh and Umesh Singh Kushwaha. It currently has more than 400 employees across India, Canada, Japan, Singapore and the US.