In 2017, Nailwal co-founded Polygon Labs (formerly Matic Network) as an easy-to-use platform for Ethereum scaling and infrastructure development. In 2023, it is one of the largest players worldwide in the Web3 space with a total funding of USD 451M
The loyalty program, FireDrops2.0, will be powered by Hang and will aim at transforming user-brand engagement for Flipkart users with Polygon Labs providing the underlying NFT technology for a better user experience
With Virtasy.io, Shemaroo plans to democratise motion pictures by bringing Bollywood and art into a marketplace, giving fans a chance to own NFTs using Polygon's blockchain technology