I received a response to my questions:
Hi Aravinth,
>>Would the Codeberg team be willing to join this project?
>So if you could give me some idea as to how our relationship could evolve, I am willing to work with Codeberg to make that happen.
for us it would be good to have a European partner in the project next to yourself. We could add a small amount for this on top of the requested budget.
For instance to assist in adding mCaptcha to upstream Gitea, so it becomes available for everyone as an option.
Best,
<redacted>