I am super excited to announce that CoinDCX is now India’s Highest Valued Crypto Exchange ecosystem driver in India. They have raised USD 135 million (INR 1033 Cr) in their Series D funding primarily led by Pantera and Steadview, along with strong participation from prominent investors like Kingsway, DraperDragon, Republic, and Kindred and joined by our returning investors B Capital Group, Coinbase, Polychain, and Cadenza, putting us in a strong position to support the growth of the crypto/web3 industry in India.
After raising funding Coindcx thanks to their 1 Crore and counting users who have continued to trust them. CoinDCX is now the highest-valued crypto ecosystem creator brand in India!
They have raised 135 million USD and they have always been on the mission to make crypto accessible to everyone in India their mission is everyone will know about the crypto and their benefits and they also lead the development of the crypto ecosystem in India. With Margin and Future trading, a Market Maker program, and Crypto Investment Plan for regular investing, CoinDCX has always strived towards simplifying the crypto space for the crypto community.
What does this investment mean for you?
This latest funding round has helped CoinDCX in reaffirming the global investor sentiment on the potential for India in the industry. A sentiment that is very close to their approach to helping mass adoption of the crypto space. To support this vision of building India’s crypto/web3 ecosystem, they aim to triple their talent pool to over 1000 employees by the end of 2022. They also aim to nurture local talent through various outreach programs, research initiatives, and strategic investments.
As they continue to launch several first-of-its-kind products and features for Indian investors that encourage informed and responsible investing, we stay dedicated to our commitment to making our platform the safest and most compliant.
They are building something brilliant for us and I would like to thank you for your incredible faith in us and for making CoinDCX one of the most preferred exchanges in India. Your feedback and suggestions have and will continue to have a significant impact on the development of their products.