CoinDCX Raises $90M Series C, Becomes India’s First Crypto Unicorn

Team S · 2026-04-13T14:32:04.000Z

India-based cryptocurrency exchange CoinDCX has raised $90 million in a Series C funding round, marking a major milestone as it became the country’s first crypto unicorn with a valuation exceeding $1 billion. The round was led by B Capital Group, founded by Facebook co-founder Eduardo Saverin, with participation from existing investors including Coinbase Ventures, Polychain Capital, Block.one, and Jump Capital, reflecting strong global investor confidence in India’s fast-growing digital asset ecosystem. Founded in 2018, CoinDCX operates a cryptocurrency trading and investment platform that enables retail and institutional users to buy, sell, and manage digital assets. The company has rapidly expanded its user base, capitalizing on increasing interest in crypto investments among India’s young and tech-savvy population. The fresh capital has been deployed to expand product offerings, strengthen the team, and drive user adoption across the country. The company is also focused on increasing awareness and education around cryptocurrencies, aiming to make digital assets more accessible and mainstream in India. CoinDCX’s rise comes amid a complex regulatory environment for cryptocurrencies in India, yet investor appetite for crypto platforms has remained strong. The company’s unicorn status underscores the growing importance of blockchain and digital assets within the broader fintech ecosystem. With this funding, CoinDCX has positioned itself as a leading player in India’s crypto market, aiming to expand its footprint, launch new products, and contribute to shaping the future of digital finance in the country.

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CoinDCX Raises $90M Series C, Becomes India’s First Crypto Unicorn | Newnex