Last week, cryptocurrency exchange CoinDCX became India's first unicorn in the space. driving this firm is Sumit Gupta, the chief executive and co-founder, whose dogged belief in the power of crypto has delivered results, even as the larger regulatory environment remains challenging for players in the area.
The firm, which raised $90 million from investors led by Facebook Inc co-founder Eduardo Saverin's B Capital Group, existing partners Coinbase Ventures, Polychain Capital, Block.one and Jump Capital, is now valued at $1.1 billion. Described as “simple and down …
