Sequoia-backed CoinSwitch Kuber raises $15 mn Series A capital
Bengaluru-based Bitcipher Labs, which operates cryptocurrency investment platform CoinSwitch Kuber, has raised $15 million in a Series A funding round. Palo Alto-based Ribbit Capital and San Francisco-based Paradigm led the round, marking their first investment in an Indian cryptocurrency startup. Returning investor Sequoia Capital India and angel investor Kunal Shah, founder of Cred, also participated in the round.
