Crypto startup CoinSwitchKuber raises 260 mn funding becomes the 30th Indian unicorn
CoinSwitchKuber, a fast-growing crypto asset platform, declared it had closed a $260 million Series C funding round from Andreessen Horowitz (a16z), Coinbase Ventures and existing investors Paradigm, Ribbit Capital, Sequoia Capital India and Tiger Global. Coinbase is one of the early pioneers of building a crypto economy and serves one of the world’s largest crypto exchanges. This investment addresses Bengaluru-based CoinSwitchKuber, the 30th unicorn and the most worthy crypto company in India, valued at $1.9 billion. It has become the second crypto unicorn in India. Presently, it is evaluated higher than CoinDCX’s $1.1 billion valuations declared in August this year….