CoinDCX has raised ₹100 crore ($13.9 million) in a Series B funding round led by Block.one and included DG, Jump Capital, Uncorrelated Ventures, Coinbase Ventures, Polychain Capital, Mehta Ventures and Alex Pack.CoinDCX said it plans to use the newly raised funds to drive crypto adoption in India, with cutting-edge innovative products including the newly launched Bitcoin/Crypto Investment App, CoinDCX Go.
The funds will also help to attract and retain fresh talent and sustain the hockey stick growth in 2021.Also Read: Dark underbelly of India Inc’s shop floors“This has been the most exciting year for CoinDCX.
While the pandemic forced everyone indoors, CoinDCX scaled up exponentially and continues to do so. Our team tripled in number from.
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