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Unocoin
Founded in 2013, Unocoin is India's first cryptocurrency company, providing a platform for over 2.27 million users to buy, sell, store, and use Bitcoin and over 100 other cryptocurrencies. The company offers a range of services including an exchange, Over-the-Counter (OTC) trading, a mobile app, and systematic buying plans, catering to both new and experienced investors in India.
Bengaluru, IN
Description
Established in 2013 as India's first Bitcoin company, Unocoin operates a comprehensive platform for Indian users to engage with cryptocurrencies. Initially founded in Tumkur and later moving to Bengaluru, the company serves over 2.27 million customers. Unocoin's services include an instant buy/sell platform, a peer-to-peer exchange, Over-the-Counter (OTC) trading for large volumes, and a mobile application for trading on the go. It also offers unique products like Systematic Buying Plans (SBP) for Bitcoin and Ether, the ability to use crypto for mobile and DTH recharges, and a merchant gateway for businesses to accept Bitcoin payments. Operated by Unocoin Technologies Private Limited, the platform prioritizes security and complies with Indian regulations, including AML/KYC procedures and tax deductions (TDS). The company is supported by notable investors and a team with experience from major global technology and finance firms.Grant Funding
VC Funding
None
2014
2016
2020
$0
$9.8M