CoinSwitch

About

Making Money Equal for All

Bangalore,Karnataka,India
101 - 250
https://www.coinswitch.co

Highlights

Details

Last Funding Type: Series A
Last Funding Money Raised: $15M
Industries: Cryptocurrency,Financial Services,FinTech,Trading Platform
Founded date: Jun 14, 2017
Number Of Employee: 101 - 250
Operating Status: Active
Also Known As: Coinswitch.co

CoinSwitch is on a mission to Make Money Equal for All. India’s largest crypto investing app and a Great Place to Work®, CoinSwitch is creating an ecosystem that simplifies crypto and is trusted by over 1.8 crore registered users. Founded in 2017 by Ashish Singhal, Govind Soni, and Vimal Sagar Tiwari, and backed by blue chip investors including Andreessen Horowitz (a16z), Tiger Global, Sequoia Capital, Ribbit Capital, Paradigm, and Coinbase Ventures, the company is evolving into a wealth-tech destination for every Indian. For more information, visit: www.coinswitch.co

Funding Rounds

Number of Funding Rounds

Total Funding Amount

4

$276.50M ₹1.81B

CoinSwitch has raised a total of $276.50M ₹1.81B in funding over 2 rounds. Their latest funding was raised on Oct 6, 2021 from a Series C round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Oct 6, 2021	Series C	$260M	6	Coinbase Ventures Andreessen Horowitz	—	Detail
Apr 22, 2021	Series B	₹1.81B	1	Tiger Global Management	—	Detail
Jan 13, 2021	Series A	$15M	4	Paradigm Ribbit Capital	—	Detail
Mar 24, 2018	Seed	$1.50M	—	—	—	Detail

Investments

Number of Investments

Number of Lead Investments

2

0

CoinSwitch has made 2 investments. Their most recent investment was on Oct 20, 2022, when Airstack raised $3.80M.

Date Company Name	Round	Money Raised	Industry	Lead Investor
Oct 20, 2022 Airstack	Pre-seed	$3.80M	Blockchain	—
Jun 30, 2022 MoHash	Seed	$6M	Bitcoin	—

Investors

Number of Lead Investors

Number of Investors

5

7

CoinSwitch is funded by 7 investors. Coinbase Ventures and Andreessen Horowitz are the most recent investors.

Investor Name	Lead Investor	Funding Round
Coinbase Ventures	Yes	Series C
Andreessen Horowitz	Yes	Series C
Paradigm	—	Series C
Ribbit Capital	—	Series C
Sequoia Capital India	—	Series C
Tiger Global Management	—	Series C
Kunal Shah	—	Series A