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CoinDCX

CoinDCX

CoinDCX is a blockchain company founded in 2017 by Sumit Gupta. CoinDCX is India’s largest and safest cryptocurrency exchange.

CoinDCX is a cryptocurrency exchange platform which was co-founded by Sumit Gupta and Neeraj Khandelwal in 2018. It is valued at $1.1 billion. The company is also certified with ISO certification by the International Organization for Standards and is insured by BitGo. The company’s minimum lending duration is seven days. On 10 August 2021, it raised $90 million in its Series C funding round, with the involvement of several international investors including the Facebook co-founder Eduardo Saverin, and was valued at $1.1 billion.

The company was founded by Sumit Gupta and Neeraj Khandelwal.

On 19 September 2021, the company launched ‘Happy Day Rewards’ campaign to boost the crypto awareness among users. On 23 September 2021, CoinDCX introduced free crypto learning modules in sign language for differently abled people coinciding with the occasion of International Sign Language Day. In August 2021, it joined the Advertising Standards Council of India with the intention of enhancing confidence credibility of cryptocurrency among the general public.

Timeline

April 19, 2022
CoinDCX raises a $135,900,000 venture round from DraperDragon, Kindred Ventures, Kingsway Capital, Pantera Capital, Republic Capital and Steadview Capital.
August 25, 2021
CoinDCX joins the Advertising Standards Council of India (ASCI).
August 10, 2021
CoinDCX becomes India's first crypto unicorn with a valuation of $1,100,000,000, after closing $90,000,000 in a Series C funding round.
August 10, 2021
CoinDCX raises a $90,000,000 series C round from Anthony Bucci, B Capital Group, Coinbase Ventures, Jump Capital, Polychain Capital and block.one.
December 2020
CoinDCX raises a $1,000,000,000 series B round from Alexander Pack, Coinbase Ventures, DG Incubation, Jump Capital, Mehta Ventures, Polychain Capital, Uncorrelated Ventures and block.one.
May 26, 2020
CoinDCX raises a $2,500,000 series A round from Coinbase Ventures and Polychain Capital.
March 2020
CoinDCX raises a $3,000,000 series A round from 100X Ventures, Bain Capital Ventures and Polychain Capital.

Funding rounds

Invested in

Patents

Further Resources

Title
Author
Link
Type
Date

Beginner's guide to CoinDCX Go App | Start Investing in Crypto 2021

Web

February 5, 2021

CoinDCX Desktop App for Mac and PC | Manage Multiple CoinDCX Accounts

Web

CoinDCX: Making Crypto Accessible to Indians: Sumit Gupta, CEO & Founder, CoinDCX - Exchange4media

Web

Augus 4, 2021

How To Buy Bitcoin & Sell in CoinDCX App | Step-By-Step Guide | How To Use CoinDCX App |

Web

September 25, 2021

News

Title
Author
Date
Publisher
Description
Omar Faridi
August 27, 2021
Crowdfund Insider
Sumit Gupta: Co-founder and CEO at India's CoinDCX, a crypto exchange and liquidity aggregator, shares business strategy.
Livemint
August 25, 2021
mint
Founded in 2018, CoinDCX has onboarded more than 3.5 million users. The exchange aims to make crypto accessible in India and accelerate its efforts towards bringing 50 million Indians into crypto
August 24, 2021
The Economic Times
The trend has come as good news for online financial investment companies, who are doubling down on content in regional languages, local partnerships, and tapping regional influencers.
Neha Alawadhi
August 17, 2021
@bsindia
A large part of the work that Gupta does is focused on educating users and the larger community about investing in cryptocurrencies
Priyanka Pani
August 13, 2021
Crowdfund Insider
Facebook founder Saverin turns crypto exchange CoinDCX into India's first crypto Unicorn at a valuation of $1.2 billion
SHOW MORE

References

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