CoinDCX raises over $135 million in fresh funding round, now worth $2 billion
Existing investors such as B Capital Group, Coinbase, Polychain, and Cadenza increased their investments in CoinDCX
By Shashank Bhardwaj
Sumit Gupta, co-founder and CEO, CoinDCX
Image: Nayan Shah for Forbes India
Sumit Gupta, co-founder and CEO of Indian crypto exchange CoinDCX, said in a Twitter post on Tuesday, April 20, that the company has raised over $135 million in Series D funding. Pantera Capital and Steadview Capital led the round, with Kingsway Capital, DraperDragon, Republic, and Kindred Ventures also participating.
Existing investors such as B Capital Group, Coinbase, Polychain, and Cadenza also increased their stakes in the crypto exchange, which became the first Indian crypto company to reach unicorn status last year. With this latest funding, CoinDCX’s valuation has gone from $1.1 billion to $2.15 billion.

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