Indian crypto exchange CoinSwitch Kuber has announced its $260 million Series C round of funding from Andreessen Horowitz (a16z), Coinbase Ventures, and existing investors Paradigm, Ribbit Capital, Sequoia Capital India, and Tiger Global.
With a valuation of $1.9 billion, CoinSwitch Kuber becomes the second Indian crypto startup to enter the unicorn club, after CoinDCX became the first in August 2021. The new round brings CoinSwitch's total funding to over $300 million.
