coinswitch kuber founder
CoinSwitch Kuber will invest in tech, security, compliance, and product capabilities and aims to be the leading cryptocurrency investment platform for Indians. Experience Our mandate is to invest in the best entrepreneurs and technologists driving change in financial services, and Ashish, Vimal, and Govind fit the bill. Kuber is designed keeping first-time cryptocurrency investors in mind, simplifying crypto for them. The investment round also saw CRED founder Kunal Shah and Sequoia Capital participating. Within the first 200 days of launch, the platform onboarded 1 million users and clocked investment of over Rs. The Supreme Court striking down the ban on the cryptocurrency has attracted people's interest in this investment option, said Nischal Shetty, founder of another cryptocurrency platform WazirX. in its Series A funding. Ashish and the CoinSwitch team have shown tremendous resilience and strong execution in a challenging market, giving us confidence in their potential to build a market leader in the years to come.”. in its Series A funding led by leading global fintech and crypto investor Ribbit Capital, and San-Francisco based crypto focused investment firm, Paradigm. The company said it would use … Ashish and the CoinSwitch team have shown tremendous resilience and strong execution in a challenging market, giving us confidence in their potential to build a market leader in the years to come.”. Users from over 160 countries trade more than 300 cryptocurrencies. CoinSwitch also provides its API to most of the leading wallets and payment service providers, enabling them to increase their offerings. Cryptocurrency investment platform CoinSwitch Kuber, which was launched less than a year ago, witnessed a 350% growth in user base since January this year, touching 3.5 million users. The round is led by leading global fintech and crypto investor Ribbit Capital, and San-Francisco based crypto-focused investment firm, Paradigm. Ashish Singhal, CEO and Co-Founder at CoinSwitch.co, said, “Following the announcement of the pre-launch of CoinSwitch Kuber in May, we have been inundated with user signups and have already reached over 100,000 users, far exceeding our initial targets. CoinSwitch Kuber is developed by the team CoinSwitch. Ashish Singhal, CEO, and Co-founder, CoinSwitch Kuber said, “We are thrilled to have the world’s most focused fin-tech and crypto investors, Ribbit and Paradigm join us as partners in our journey to make cryptocurrency investments accessible to retail investors in India. Through partnering with leading global exchanges, CoinSwitch is vastly simplifying cryptocurrency trading by removing the need to create an account on an exchange. We aim to double down on the Indian market and are targeting a ten times growth in our user base by the end of the year. The round is led by leading global fintech and crypto investor Ribbit Capital, and San-Francisco based crypto-focused investment firm, Paradigm. Developer of a decentralized cryptocurrency exchange aggregator platform intended to serve investors. Dear Promoters, 2000 crore. It also offers API to the payment service providers. Matt Huang, Co-founder and Managing Partner at Paradigm, and Arjun Balaji, Investment Partner at Paradigm said, “We are thrilled to partner with CoinSwitch in their mission to bring simple crypto investing to the Indian market. Save my name, email, and website in this browser for the next time I comment. Coinswitch has a simple and intuitive interface that allows you to buy/sell any crypto-asset in four steps. This marks Ribbit Capital’s first investment in a cryptocurrency firm in India. CoinSwitch Kuber is India’s fastest growing INR-crypto on-ramp platform. The founders of CoinSwitch Kuber, Govind Soni, Vimal Sagar Tiwari, and Ashish Singhal were previously at Microsoft, Zynga, and Amazon respectively before creating CoinSwitch in 2017. It provides the best rates to its users by aggregating liquidity from top Indian and global crypto exchanges and supports 100s of cryptocurrencies for users to buy and sell using Indian rupees. Noticing the growing appetite for cryptocurrency investments amongst Indians, the founders saw the need to launch an India exclusive platform with CoinSwitch Kuber. Within six months of launch, over one million users have already flocked to the platform owing to the ease of usage, security, and the large collection of cryptocurrencies. The firm invests in crypto-assets and businesses from the earliest stages of idea formation through maturity. Coinswitch Kuber will use the will use the new funds to enhance product, security, compliance and tech capabilities. CoinSwitch Kuber is a user-friendly crypto investment platform for India. All rights reserved. CoinSwitch Kuber is an aggregator of cryptocurrency exchanges and helps retail users in India buy and sell crypto with INR. The deal brings together two leading global investors in support of the CoinSwitch Kuber team and what they have managed to achieve in the space in a very short time. The company expects to have 10 million users on the platform in the next year. We backed the team not only because of their track record of product and technology innovation but also because of their resolute commitment to serving their customers.”, “We are thrilled to partner with CoinSwitch in their mission to bring simple crypto investing to the Indian market. Nick Shalek, General Partner at Ribbit Capital said, “We are very excited to invest in CoinSwitch, which we believe can become a generational technology brand in India. The continued backing of our existing investors led by Sequoia Capital India is a testimony to the tremendous impact we have had on the crypto ecosystem in the country within a short time of our launch. CoinSwitch offers 300 coins and 45,000 currency pairs via its global aggregation platform and partnerships. Co-Founder and Chief Operating Officer at CoinSwitch and CRUXPay. We aim to double down on the Indian market and are targeting a ten times growth in our user base by the end of the year. CoinSwitch was founded by Ashish Singhal, Vimal Tiwari and Govind Soni in 2017. KuberVerse, powered by CoinSwitch Kuber is here to empower you to make your investing simple & easy. This is the same team that launched the global cryptocurrency aggregator platform, CoinSwitch in 2017. It was one of the earliest investment firms to invest in cryptocurrency companies, and its portfolio includes some of the most prominent cryptocurrency and blockchain projects including Coinbase, Chainalysis, and Diem. This is the same team that launched the global cryptocurrency aggregator platform, CoinSwitch in 2017. Freshly brewed news and insights on crypto, investments and personal finance delivered to your inbox. Your email address will not be published. While the crypto landscape in India remains nascent, it has been an exciting past 12 months and over time we believe India could be one of the largest global crypto markets. 109 Cr.) Heart felt gratitude to you all for bringing such a timely, power-packed and easy to use app. The fund has also invested in some of India’s leading startups such as BharatPe, Capital Float, Cred, epifi, Groww, Moneyview, Razorpay, and Zest. Kuber is a product developed exclusively with the retail investor in mind. in its Series A funding. To this end, we will invest in product and technology and also run a slew of awareness initiatives to educate investors about the potential of crypto as an emerging asset class.”, “We are very excited to invest in CoinSwitch, which we believe can become a generational technology brand in India. CoinSwitch Kuber is founded by Ashish Singhal, Govind Soni, and Vimal Sagar Tiwari, who were college friends and have worked at Amazon, Microsoft, and Zynga respectively. 109 Cr.) Bengaluru, January 13, 2021: CoinSwitch Kuber, India’s fastest growing cryptocurrency investment platform announced that it has closed $15 million (Rs. CoinSwitch Kuber is a cryptocurrency exchange platform. Your email address will not be published. Users can trade anonymously on any exchange with ease without creating an account with the underlying exchange. Ex-Senior Software Engineer at Zynga and Ex-Software Analyst at Accenture. The global spike in interest in cryptocurrencies has rubbed off on the Indian investors too, making India the second-biggest bitcoin nation in Asia after China, and the sixth biggest in the world, after the United States, Nigeria, China, Canada, and the United Kingdom. Some of Paradigm’s other investments include Uniswap, Yield Protocol, Fireblocks and Compound. The cryptocurrency platform’s userbase has been […] While the crypto landscape in India remains nascent, it has been an exciting past 12 months and over time we believe India could be one of the largest global crypto markets. PitchBook’s non-financial metrics help you gauge a company’s traction and growth using web presence and social reach. At the end of the day the goal of the user is to be able to buy/sell cryptocurrencies easily and quickly. Check our privacy policy for more info. We support over 45,000+ crypto to crypto exchange pairs and are the largest crypto trading platform. CoinSwitch Kuber’s Journey To ONE Million Strong Crypto Users In India, 6 Reasons Why You Should Invest In Cryptocurrencies In India. CoinSwitch Kuber is founded by Ashish Singhal, Govind Soni, and Vimal Sagar Tiwari, who were college friends and have worked at Amazon, Microsoft, and Zynga respectively. “By offering a simplified and accessible route into crypto via a mobile application, CoinSwitch Kuber can drive crypto adoption in India.” Thursday, February 11 2021 Breaking News CoinSwitch is able to offer over 300 coins and 45,000 currency pairs through its global aggregation and partnerships. Paradigm, a leading crypto-focused investment firm based in San Francisco, California was founded in 2018 by Matt Huang, a former Sequoia partner, and Fred Ehrsam, who co-founded Coinbase, the largest cryptocurrency exchange in the U.S. Ashish Singhal, CEO and Co-Founder, CoinSwitch Kuber said that they are delighted to have on board Ribbit Capital and Paradigm as the partners in the journey of CoinSwitch Kuber. CoinSwitch Kuber is an India-based cryptocurrency exchange platform. Ashish Singhal, CEO and Co-Founder CoinSwitch Kuber, said the age group between 18 […] CoinSwitch Kuber, a cryptocurrency investment platform, has raised $15 million (around Rs 109 crore) in Series A funding round led by global fintech and crypto investor Ribbit Capital and San-Francisco based crypto focussed investment firm Paradigm. CoinSwitch Kuber Raises $15 million In Series A: Led By Leading Global Fintech Investors. Our mandate is to invest in the best entrepreneurs and technologists driving change in financial services, and Ashish, Vimal, and Govind fit the bill. The company launched its India exclusive crypto platform, CoinSwitch Kuber in June 2020 to simplify crypto investments for Indian retail investors. Ashish Singhal, CEO and co-founder at CoinSwitch, said the launch of CoinSwitch Kuber will allow them to bring a simple crypto user experience to the Indian crypto trading market. In 2017, Singhal, Govind Soni and Vimal Sagar Tiwari founded CoinSwitch as a global aggregator of cryptocurrency exchanges. With a razor-sharp focus on customer experience, Kuber aims to simplify cryptocurrency investments for retail users in India. Founded back in 2017 by Govind Soni, Ashish Singhal and Vimal SagarTiwari, CoinSwitch was a global investment platform, an aggregator of cryptocurrency exchanges around the globe. Funded by Sequoia Capital, CoinSwitch was started in the year 2017 with an aim to ease up the crypto trading process for the users. CoinSwitch Kuber raises $15 mn from Ribbit, CRED Founder. Existing investors Sequoia Capital India and angel investor and CRED founder Kunal Shah also participated in the round. The round also saw participation from the company’s existing investor Sequoia Capital India and prominent angel investor CRED’s Kunal Shah. The continued backing of our existing investors led by Sequoia Capital India is a testimony to the tremendous impact we have had on the crypto ecosystem in the country within a short time of our launch. Ashish also thanks to the company’s partners Sequoia Capital India whose continued backing is a testimony to the tremendous impact the company had on the crypto ecosystem. Cryptocurrency investment platform CoinSwitch Kuber has raised $15 million ( ₹ 109 crore) as part of its Series A funding round, led by global fintech and crypto investor Ribbit Capital and San Francisco-based Paradigm. Required fields are marked *. Ashish Singhal, CEO and Co-founder of CoinSwitch Kuber, said they are thrilled to have the world’s most focused fin-tech and crypto investors, Ribbit and Paradigm join as partners in the company’s journey to make cryptocurrency investments accessible to retail investors in India. About CoinSwitch Kuber CoinSwitch Kuber aims to remove the intricacies associated with crypto and instead create a user-friendly platform, in the form of a mobile application. Last June, it launched India-specific crypto trading platform CoinSwitch Kuber. Co-Founder & CEO of CoinSwitch Kuber, a Bangalore-based cryptocurrency trading platform designed especially for Indian consumers. CoinSwitch co-founder and CEO Ashish Singhal wasn't available for comments. The Series A funding round also saw participation from Sequoia Capital India and CRED founder Kunal Shah. “Following the announcement of the pre-launch of CoinSwitch Kuber in May, our user signups have already reached over 100,000 users, far exceeding our initial targets,” CoinSwitch CEO Ashish Singhal said. Founded in 2012 by Meyer (Micky) Malka, Ribbit Capital is counted among the world’s foremost investors focused on fintech. CoinSwitch Kuber, India’s growing cryptocurrency investment platform announced that it has closed $15 million (Rs. New users can create an account on the platform by performing KYC/AML procedures and can deposit INR into their account using the various modes of payment offered by the platform. CoinSwitch Kuber is a secure, user-friendly platform for users in India, where they can buy 100+ cryptocurrencies like Bitcoin, Ethereum, Ripple, etc easily, at the best rate, with a variety of payment options being offered. B.Tech in Computer Science and Engineering from JIIT. The company launched its India exclusive crypto platform, “We are thrilled to have the world’s most focused fin-tech and crypto investors, Ribbit and Paradigm join us as partners in our journey to make cryptocurrency investments accessible to retail investors in India. 109 Cr.) CoinSwitch was founded in 2017 by Ashish Singhal, Govind Soni, and Vimal Sagar Tiwari and as a global aggregator of cryptocurrency exchanges. PitchBook is a financial technology company that provides data on the capital markets. CoinSwitch is Ribbit Capital’s first investment in a cryptocurrency platform in India. We backed the team not only because of their track record of product and technology innovation but also because of their resolute commitment to serving their customers.”. The landmark deal brings together two leading global investors. © 2021 PitchBook Data. CoinSwitch Kuber is founded by a team from Amazon, Microsoft and Zynga, and became the fastest growing crypto exchange in India hitting 1 Million users in 7 months. According to a report in Times of India, CoinSwitch Kuber founder Ashish Singhal says young professionals in tier 2 and 3 cities are showing interest in the cryptocurrency. CoinSwitch was founded in 2017 as a global aggregator of crypto exchanges. by Farheen Shaikh | March 10, 2021 + 12 Best Ways To Earn Free Bitcoins In 2021 | Get Free Bitcoin Now. CoinSwitch was founded in 2017 by Ashish Singhal, Govind Soni and Vimal Sagar Tiwari and as a global aggregator of cryptocurrency exchanges. The company launched its India exclusive crypto platform, CoinSwitch Kuber in June 2020 to simplify crypto investments for Indian retail investors. CoinSwitch is the worldwide aggregator of cryptocurrency exchanges, providing users with the most competitive rates in the market. We are seeing a lot of first-time users coming to CoinSwitch Kuber and investing in crypto,” Ashish Singhal, CEO and Co-founder of CoinSwitch, tells YourStory. The company will use the funds to enhance product, security, compliance, and tech capabilities, and build a formidable brand with a view to be the leading cryptocurrency investment platform for Indian users. Co-Founder & Chief Executive Officer: Vimal Tiwari: Co-Founder, Chief Operating Officer & Board Member: Govind Soni: Co-Founder, Chief Technology Officer & Board Member: Sharan Nair: Chief Business Officer In June 2020, the startup launched its own crypto platform CoinSwitch Kuber to simplify crypto investments for Indian retail investors. CoinSwitch Kuber Is Now 3 Million Strong, A Thank You Note for You! It presents cryptocurrencies as a smart investment alternative for investors looking for better returns. CoinSwitch Kuber raised the capital in its Series A funding that was led by Ribbit Capital and Paradigm. To this end, we will invest in product and technology and also run a slew of awareness initiatives to educate investors about the potential of crypto as an emerging asset class.”. The company's platform simplifies cryptocurrency trading and permits users to trade over a number of cryptocurrencies, along with an ability to buy cryptocurrency with a credit card at the best price, thereby enabling users to convert coins without having to transfer to another exchange. According to reports, Indian cryptocurrency trading volumes have grown 500% since March 2020, signalling the country’s massive appetite for cryptocurrencies, thereby attracting attention from global investors like Paradigm and Ribbit Capital. Select the crypto asset to trade; Hit Buy or sell button Within seven months of the launch, the exchange operator claims to have over one million users. by CoinSwitch Kuber | March 11, 2021 + Dogecoin Mining – DOGE Mining Guide | Mine Dogecoin in 2021. We promise we won’t spam. CoinSwitch’s latest funding comes at a time when the Indian market is witnessing an unprecedented growth in cryptocurrency trading and investments. CoinSwitch is Paradigm’s first investment in India. Commenting on the latest funding, Ashish Singhal, Co-founder & CEO, CoinSwitch Kuber, said, “We aim to double down on the Indian market, and are targeting ten times growth in … “The launch of CoinSwitch Kuber on June 1st will allow us to bring a simple crypto user experience to the Indian crypto trading market,” Ashish Singhal, co-founder and CEO of the company, said. Targets a user base of 10 million by the end of 2021. , India’s fastest growing cryptocurrency investment platform announced that it has closed $15 million (Rs. CoinSwitch Kuber, a crypto investment firm has raised $15 million (₹109 crores) in funding, led by Ribbit Capital and Paradigm. CoinSwitch aggregates all major exchanges to give its users more than 300+ crypto trading pairs and is one of the largest cryptocurrency converters. In a bid to increase its footprint amongst 12 million iPhone users in India, CoinSwitch Kuber is set to launch its iOS app in the first week of December. CoinSwitch acts as one of the best crypto trading aggregators, partnered with the leading exchanges, wallet services, gaming partners, etc. CoinSwitch was founded in 2017 by Ashish Singhal, Govind Soni and Vimal Sagar Tiwari and as a global aggregator of cryptocurrency exchanges. Having given the background, CoinSwitch Kuber has raised USD 15 million funding in its latest Series A round which was reportedly led by global Venture Capital firm, Ribbit Capital. Existing investors, such as Sequoia Capital India and CRED Founder Kunal Shah, also participated in the funding round. The Bengaluru-based startup, which looks to onboard 10 million users by 2021-end, said in a statement that nearly 54% of its userbase is from tier 2 and 3 cities. Learn about Bitcoin, Blockchain & Cryptocurrencies here to simplify your crypto journey with us. Paradigm’s (founded by Matt Huang and Fred Ehrsam, co-founder of Coinbase, the largest cryptocurrency exchange in the U.S) maiden investment in India. Blockchain and cryptocurrencies enthusiast. The app was first introduced on the Android Play Store in June 2020, and has since surpassed five lakh downloads. Ashish claims that CoinSwitch Ku… To view CoinSwitch Kuber’s complete valuation and funding history, request access », To view CoinSwitch Kuber’s complete executive team members history, request access », To view CoinSwitch Kuber’s complete board members history, request access », To view CoinSwitch Kuber’s complete investors history, request access », Co-Founder, Chief Operating Officer & Board Member, Co-Founder, Chief Technology Officer & Board Member, Flat Number A - 701, 7th Floor, Block A, SV Heights. Here is where Coinswitch Kuber can shine like a bright star. CoinSwitch Kuber has collaborated with The Viral Fever (TVF) for a sketch, Baap Beta Aur KBC ft. Rajit Kapoor and Naveen Kasturia to debunk various myths surrounding cryptocurrencies. Cryptocurrency investment platform CoinSwitch Kuber has raised $15 million funding led by Ribbit Capital and US' crypto-focussed investment firm Paradigm.
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