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[Funding alert] CoinSwitch Kuber raises $15M from Ribbit Capital, Kunal Shah, others


[Funding alert] CoinSwitch Kuber raises $15M from Ribbit Capital, Kunal Shah, others
Bengaluru-headquartered CoinSwitch Kuber said it will use the funding to enhance its product, security, compliance and tech capabilities, and brand building.
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CoinSwitch Kuber, a cryptocurrency investment platform, has raised $15 million in Series A funding round led by
Ribbit Capital and San-Francisco based crypto focussed investment firm Paradigm. The round also saw participation from existing investors
Sequoia Capital India and
CRED founder Kunal Shah.
The Bengaluru-headquartered startup said it will use the funding to enhance its product, security, compliance and tech capabilities, and brand building.
Commenting on the latest funding, Ashish Singhal, Co-founder & CEO, CoinSwitch Kuber, said, ....

United States , United Kingdom , Coinswitch Kuber , Govind Soni , Kunal Shah , Vimal Sagar Tiwari , Nick Shalek , Ashish Singhal , Ribbit Capital , Sequoia Capital India , Vimal Sagar , General Partner , ஒன்றுபட்டது மாநிலங்களில் , ஒன்றுபட்டது கிஂக்டம் , கோவிந்த் சோனி , குணால் ஷா , விமல் சாகர் திவாரி , நிக் ஷாலெக் , ஆஷிஷ் சிங்கால் , ரிப்பிட் மூலதனம் , சீக்வோயா மூலதனம் இந்தியா , விமல் சாகர் , ஜநரல் கூட்டாளர் ,

CoinSwitch Kuber raises $15 mn in funding from Ribbit Capital, Paradigm


CoinSwitch Kuber, a cryptocurrency investment platform, on Wednesday said it has raised USD 15 million (Rs 109 crore) in funding, led by Ribbit Capital and San-Francisco based crypto focused investment firm Paradigm.
The series A round also saw participation from existing investor, Sequoia Capital India and CRED founder Kunal Shah, a statement said.
The company will use the funds to enhance product, security, compliance and tech capabilities, and build a brand with a view to be the leading cryptocurrency investment platform for Indian users, it added.
Cryptocurrencies (like Bitcoin and Ethereum) are digital or virtual currencies in which encryption techniques are used to regulate the generation of their units and verify the transfer of funds, operating independently of a central bank. ....

Coinswitch Kuber , Govind Soni , Kunal Shah , Vimal Sagar Tiwari , Ashish Singhal , Ribbit Capital , Sequoia Capital India , கோவிந்த் சோனி , குணால் ஷா , விமல் சாகர் திவாரி , ஆஷிஷ் சிங்கால் , ரிப்பிட் மூலதனம் , சீக்வோயா மூலதனம் இந்தியா ,