{"id":47449,"date":"2021-08-10T11:48:31","date_gmt":"2021-08-10T08:48:31","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=47449"},"modified":"2025-09-01T21:25:34","modified_gmt":"2025-09-01T18:25:34","slug":"bitcoin-exchange-coindcx-becomes-indias-first-crypto-unicorn","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/bitcoin-exchange-coindcx-becomes-indias-first-crypto-unicorn\/","title":{"rendered":"Bitcoin exchange CoinDCX becomes India&#8217;s first crypto unicorn."},"content":{"rendered":"<p>The Bitcoin exchange CoinDCX has raised 6.7 billion rupees (about $90 million), becoming India&#8217;s first unicorn in the crypto industry. <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2021-08-10\/saverin-backed-exchange-becomes-india-s-first-crypto-unicorn?sref=3REHEaVI\">Bloomberg<\/a> reports.<\/p>\n<p>According to CoinDCX chief Sumit Gupta, with the new investment the company is valued at $1.1 billion.<\/p>\n<p>The funding round was led by B Capital Group, of which Eduardo Saverin is a co-founder. Other investors include Coinbase Ventures, Polychain Capital, Block.one and Jump Capital.<\/p>\n<p>Part of the funds will be used to expand the team over the next six months.<\/p>\n<p>Earlier, CoinDCX raised $3 million in a Series A round and <a href=\"https:\/\/forklog.com\/en\/news\/block-one-leads-series-b-round-for-indian-crypto-exchange-coindcx\">$13.9 million<\/a> as part of a Series B investment round.<\/p>\n<p>Read ForkLog&#8217;s Bitcoin news in our Telegram \u2014 cryptocurrency news, prices and analytics.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The CoinDCX exchange raised 6.7 billion rupees (about $90 million), becoming India&#8217;s first unicorn in the cryptocurrency industry.<\/p>\n","protected":false},"author":1,"featured_media":47450,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1166,1837,278,52],"class_list":["post-47449","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-centralized-exchanges-cex","tag-coindcx","tag-india","tag-investments"],"aioseo_notices":[],"amp_enabled":true,"views":"29","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/47449","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=47449"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/47449\/revisions"}],"predecessor-version":[{"id":47451,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/47449\/revisions\/47451"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/47450"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=47449"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=47449"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=47449"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}