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CoinSwitch Kuber on Wednesday closed a $260 million Series C funding round backed by American venture capital firm a16z (Andreesen Horowitz) and Coinbase Ventures.
The crypto trading platform is now the second unicorn in cryptocurrencies vertical after CoinDCX which raised $90 million at $1.1 billion valuation in August this year
CoinSwitch Kuber announced funding of $260 million from Coinbase and Andreesen Horowitz, at a valuation of $1.9 billion, making it the first latest unicorn from India.
Andreessen Horowitz and Coinbase Ventures have co-led a $260 million investment in CoinSwitch Kuber, valuing the Indian startup at $1.9 billion.
Leading crypto platform CoinSwitch Kuber on Wednesday said it has raised over $260 million in its Series C funding round from Andreessen Horowitz (a16z), Coinbase Ventures and existing investors, and will scale its India operations, including ...