.
MergerLinks Header Logo

New Deal


Announced

Completed

Andreessen Horowitz and Coinbase Ventures led a $260m Series C funding round in CoinSwitch Kuber.

Financials

Edit Data
Transaction Value£191m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

FinTech

Acquisition

India

Minority

Venture Capital

Private Equity

cryptocurrency exchange

Friendly

Completed

Private

Cross Border

fintech

Synopsis

Edit

Andreessen Horowitz, a venture capital firm, and Coinbase Ventures, an investment firm, led a $260m Series C funding round in CoinSwitch Kuber, a developer of a decentralized cryptocurrency exchange aggregator platform. Additional investors include Tiger Global and Sequoia Capital India. “We are incredibly excited about the crypto market opportunity in India, and with its breakout growth, CoinSwitch has emerged as the leading retail platform in the country. Ashish and the team have demonstrated strong execution abilities and the ambition to deliver an investment platform for the masses in India," David George, Andreessen General Partner.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US