Basic Information
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Revenue Streams
Target Market
B2C
Traders, Young Investors and People with disposable Income.
User Age
:
35 to 45, 26 to 34
User Income
:
High Income, Upper-middle Income, Lower-middle Income
Funding
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To : Founder at CoinDCX
CoinDCX is India’s largest and safest cryptocurrency exchange
Timeline
2018
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Apr | Company Incorporation
CoinDCX aimed to enable global financial inclusion by building a global fin-tech movement in crypto. It was started by building a lite crypto exchange with high liquidity. With perseverance, CoinDCX became Indias largest cryptocurrency exchange.
2019
Mar | Raised Funding
CoinDCX raised $0.5 million in its seed round led by venture capital company Bain Capital Ventures.Other investors included Sanjay Mehta (Mehta Ventures), Sung Ho Choi (Founder, Fubo TV), Utsav Somani (Partner at AngelList India).
2020
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Jan | Awards
Tracxn Emerging Startups provides a selection of high potential companies that are making an impact in the new-age sectors. CoinDCX, showed promising performance on factors- market size, investment by marquee investors, among other criteria.
Feb | Awards
Mar | Raised Funding
CoinDCX, announced that it has closed its Series A funding round led by Polychain Capital, Bain Capital Ventures, and HDR Group, operator of BitMEX. The funds, amounting to US$3 Million, will be used to promote crypto adoption, and boost development.
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