CoinDCX enters unicorn club after $90 Mn fundraise led by B Capital


What's the news?

CoinDCX has closed a $90 Mn Series C funding round, led by Facebook Co-founder Eduardo Saverin’s B Capital Group at a valuation to $1.1 Bn. The round also saw participation from existing investors such as Coinbase Ventures, Polychain Capital, Block.one, Jump Capital, among others, alongside other veteran investors.


More to know

CoinDCX claims to have onboarded more than 3.5 Mn users. It will now carry forward the vision of making crypto accessible in India and accelerating its efforts towards bringing 50 Mn Indians into crypto. CoinDCX will also use the fund to build next-generation products, by improving its existing product array while strengthening its product team.

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