Indian crypto exchange CoinDCX raised $13.5 mn in series B round


CoinDCX raised $13.5 mn for its Series B funding round, from a host of international crypto investors led by Block.one, a software firm specialising in high-performance blockchain technologies.


This is the third time it has raised funds and has raised $19.4 mn till date. These funds will help develop their newly launched bitcoin & crypto investment app CoinDCX Go and make it the easiest and the safest way to onboard the everyday Indian into cryptocurrencies.


“While the pandemic forced everyone indoors, CoinDCX scaled up exponentially and continues to do so. Our team tripled in number from 30 in March to 90 in December, and we are continuing to hire aggressively,” said Sumit Gupta, CEO & Co-Founder, CoinDCX.

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