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CoinDCX raised nearly $14 million in a recent funding round

The exchange raised nearly $14 million from some major investors, including Block.one.
The exchange will now focus on the development of its app, and the introduction of new features and services.
CoinDCX recently held a Series B funding round, which ended up being extremely successful. The largest Indian crypto exchange raised around $13.9 million in a round led by Block.one.
The new development comes after another round that took place earlier this year, in May. Back then, the company raised $2.5 million from Coinbase Ventures and Polychain Capital, both of which also returned to participate in this second round, as well. ....

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Cryptocurrency-trading Platform CoinDCX Gets Rs 100 Crore In Series B Funding

Cryptocurrency-trading platform CoinDCX gets Rs 100 crore in Series B funding
Crypto-trading platform CoinDCX is set to expand its product suite and hire top level talent with the newly raised funds. It will invest in creating its own trading app CoinDCX Go looking to onboard regular traders into the crypto trading business.
December 22, 2020 / 12:02 PM IST
Mumbai-based cryptocurrency-trading platform CoinDCX has raised Rs 100 crore in its series B round of funding led by Block.one. The round also saw participation from DG, Jump Capital, Uncorrelated Ventures, Coinbase Ventures, Polychain Capital, Mehta Ventures and Alex Pack.
Block.one is a blockchain platform company. Jump Capital is a VC firm which invests across fintech, B2B SaaS, IT and data infrastructure. Coinbase Ventures is the VC arm of San Francisco headquartered crypto trading platform Coinbase. Mehta Ventures has investments in startups like Wow Momo, Box8, Mech Mocha among others. ....

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Cryptocurrency exchange Coindcx raises Rs 100 crore in third round of funding during pandemic

Cryptocurrency exchange Coindcx raises Rs 100 crore in third round of funding during pandemic
PTI
Mumbai: Coindcx, a cryptocurrency exchange, Tuesday announced a Rs 100 crore or USD 13.9 million fund infusion in a funding round led by Block.One.
This is the third funding round for the company, which claims to be the largest cryptocurrency exchange, in the last nine months and comes amidst a strong rally in Bitcoin.
The Supreme Court had in early March allowed trade in cryptocurrency, quashing curbs imposed by the Reserve Bank after a strong rally in the unregulated cryptocurrencies like Bitcoins on exchanges.
Many constituencies have concerns on cryptocurrencies because of their non-fiat character, and the complex or non-transparent way in which its supply is governed, unlike money supply that happens in a regulated way. ....

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[Funding alert] Crypto exchange CoinDCX raises Rs 100Cr in Series B round

[Funding alert] Crypto exchange CoinDCX raises Rs 100Cr in Series B round
Crypto exchange CoinDCX will use the new funds to drive crypto adoption in India with innovative products and attract new talent.
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CoinDCX has raised Rs 100 crore ($13.9 million) in a Series B funding round.
Along with promoting crypto adoption in India with products like CoinDCX Go, the bitcoin/crypto app, the startup will use the funds to attract and retain talent.
The investors returning to this round are Polychain and Coinbase. The Series B round was led by Block.one and included DG, Jump Capital, Uncorrelated Ventures, Coinbase Ventures, Polychain Capital, Mehta Ventures, and Alex Pack. ....

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Cryptocurrency exchange CoinDCX raises Rs 100cr in Series B

Cryptocurrency exchange CoinDCX raises Rs 100cr in Series B
By
IANS
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Published on
Tue, Dec 22 2020 14:12 IST
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Bitcoin.. Image Source: IANS News
New Delhi, Dec 22 : Cryptocurrency exchange CoinDCX on Tuesday said it raised Rs 100 crore ($13.9 million) in its series B round led by Block.one.
The funding round also saw the participation of DG, Jump Capital, Uncorrelated Ventures, Coinbase Ventures, Polychain Capital, Mehta Ventures and Alex Pack, CoinDCX said.
This makes for the third round of funding for CoinDCX in 2020.
In March, the company raised Series A funding worth $3 million from companies such as Polychain Capital, Bain Ventures and Bitmex. ....

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