Indian crypto exchange CoinSwitch Kuber raises $260M
Indian crypto exchange CoinSwitch Kuber closed a $260 million Series C funding round this week at a valuation of $1.91 billion, adding itself to the prestigious unicorn club.
The funding round was led by Coinbase (NASDAQ:COIN) Ventures and Andreessen Horowitz, the latter of which has emerged as a leading crypto venture capital firm. Following the $1.91 billion valuation, CoinSwitch Kuber is said to be Indias most valued crypto firm.