CoinSwitch
formerly CoinSwitch KuberMaking money equal for all
Bengaluru, India · Founded 2017 · $300.0M raised
- Headquarters
- Bengaluru
- Employees
- 501–1000
- Founded
- 2017
- Business Model
- B2C
- Website
- coinswitch.co
- Total Funding
- $300.0M
- Last Round
- $260.0M Series COct 2021
- Rounds
- 3
Totals include recorded grants and other qualifying funding, not just equity. What counts toward funding.
About
CoinSwitch is India's largest cryptocurrency trading and investment platform, founded in 2017 by Ashish Singhal, Govind Soni, and Vimal Sagar Tiwari. Operating under PeepalCo, the platform serves over 25 million registered users and employs more than 500 people. CoinSwitch offers spot trading, futures and options trading, systematic investment plans, OTC trading, and API access for automated trading — all denominated in INR. Backed by Andreessen Horowitz, Tiger Global, and Sequoia Capital India, it became a unicorn in 2021. The platform is FIU-registered and ISO/IEC 27001:2022 certified, positioning itself as India's compliant, secure gateway to crypto investment.
Summary
CoinSwitch is a Crypto & Web3 company based in Bengaluru, India, founded in 2017. It has raised $300.0M in total across 3 rounds, most recently a $260.0M Series C round in Oct 2021. Investors include Ribbit Capital, Tiger Global and Coinbase Ventures.
Tech & App Stack
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Funding History
Oct 2021
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Funding: Series A through Series C. Amounts, valuations, and investors where available.
Investors
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