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Announced

Completed

Tiger Global led a $25m Series B round in CoinSwitch Kuber.

Financials

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Transaction Value£17m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Private Equity

Completed

Private

Venture Capital

Minority

Cross Border

Friendly

India

FinTech

cryptocurrency exchange

Single Bidder

Acquisition

Synopsis

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Tiger Global led a $25m Series B round in CoinSwitch Kuber, an India crypto exchange. "This is a monumental time for the crypto industry in India and globally, as institutional adoption, as well as retail adoption for this asset class, is increasing exponentially," Ashish Singhal, CoinSwitch Kuber CEO.

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