GVFL leads $3m investment in Antier Solutions to expand enterprise blockchain capabilities

India’s venture capital firm GVFL has led a $3m investment in Antier Solutions Pvt Ltd, signalling a push into enterprise blockchain infrastructure as adoption grows across government systems, financial institutions and corporate workflows.

The investment is Antier’s first institutional funding after more than a decade of bootstrapped growth. It comes as blockchain technology moves beyond experimentation and is increasingly used for digital trust, verification and financial systems, particularly in government and banking, financial services and insurance (BFSI).

Founded by Vikram R. Singh, Antier Solutions is an enterprise blockchain engineering firm focused on secure transactions, verifiable workflows and institutional applications. Based in Mohali, it employs more than 600 people and has delivered over 1,000 projects for enterprises, startups and government bodies worldwide.

Among its products is EduBlock Pro, a blockchain-based examination management platform designed to ensure tamper-proof processes and auditability. The system has been used in government recruitment examinations, including projects with the Punjab State AIDS Control Society.

The company also develops financial infrastructure through its Programmable Money Infrastructure platform, which supports tokenisation, digital asset management and institutional financial workflows.

Commenting on the investment, GVFL managing director Mihir Joshi said enterprise use of blockchain is shifting from experimentation to real-world deployment, especially in governance and finance. He added that scalable and secure platforms for institutional use are likely to see strong demand.

Vikram R. Singh, founder of Antier Solutions, described the funding as a milestone in the firm’s transition from a bootstrapped business to an institutionally backed company. He said Antier would continue to focus on building trusted digital infrastructure for governments, financial institutions and enterprises.

Shashi Pal, co-founder and chief operating officer, said years of bootstrapped operations had helped the company develop strong execution capabilities for institutional clients. He added that GVFL’s backing would support expansion across government and BFSI sectors in India and overseas.

The company plans to use the funds to expand its platforms, increase deployments and strengthen its presence in global markets, including the United States, the Middle East and North Africa (MENA), and the Asia-Pacific region.