Funding Round
Preferred on Google
Google News

CoinDCX Secures New Funding at $2.45B Valuation

\n CoinDCX, India\'s largest cryptocurrency exchange, has recently secured a fresh funding round led by Coinbase, which has increased its post-money valuation t...

1 min read
CoinDCX Secures New Funding at $2.45B Valuation

CoinDCX, India's largest cryptocurrency exchange, has recently secured a fresh funding round led by Coinbase, which has increased its post-money valuation to $2.45 billion.

Founded in 2018 by IIT-Bombay graduates Sumit Gupta and Neeraj Khandelwal, CoinDCX enables users to trade cryptocurrencies and other digital assets across India and the UAE, boasting a user base of over 20 million and supporting more than 500 crypto assets.

Related startups

The platform focuses on providing a user-friendly and secure trading experience, expanding its services in crypto trading, lending, and Web3 products.

Coinbase's renewed investment underscores confidence in CoinDCX's growth and the potential of the Indian and Middle Eastern crypto markets.

This fresh capital aims to help CoinDCX scale operations, enter new markets, and innovate within the broader blockchain ecosystem

© 2025 StartupHub.ai. All rights reserved. Do not enter, scrape, copy, reproduce, or republish this article in whole or in part. Use as input to AI training, fine-tuning, retrieval-augmented generation, or any machine-learning system is prohibited without written license. Substantially-similar derivative works will be pursued to the fullest extent of applicable copyright, database, and computer-misuse laws. See our terms.
#Coinbase#CoinDCX#Crypto#cryptocurrency#Funding#Neeraj Khandelwal#Sumit Gupta#Web3