CoinSwitch Kuber becomes India's second crypto unicorn after $260m funding

Photographer: Chris Ratcliffe/Bloomberg

CoinSwitch Kuber has become India’s second crypto unicorn, having raised over $260 million in Series C funding round, led by American venture capital firm a16z (Andreesen Horowitz) and Coinbase Ventures, at a valuation of $1.9 billion.

Bengaluru-based CoinSwitch also became the 30th unicorn startup in India, and is now valued higher than CoinDCX’s $1.1 billion valuation announced in August.

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