India's Most Valuable Companies 2025 edition · Source: Hurun India
- Valuation
- ₹23,230 Cr
2024 #297 2023 #354 2022 #212
Please enter your name.
Please enter a valid email address.
Please select an issue type.
Please add a few details about the issue.
About CoinDCX
CoinDCX is a Financial Services company based in Mumbai (India) founded in 2018 by Neeraj Khandelwal and Sumit Gupta. Cryptocurrency exchange services for trading digital assets are provided. CoinDCX has raised $246.72 million across 7 funding rounds from investors including Coinbase, Republic and Polychain. The company has 101 employees. CoinDCX has completed 1 acquisition, including BitOasis. CoinDCX was last valued at $2.45 billion in October 2025. Its website coindcx.com draws about 1.5 million monthly visits. Its Indian entity Neblio Technologies Private Limited reported revenue of ₹572 Cr. Its focus areas include FinTech, Cryptocurrencies, Investment Industry and Crypto Exchanges.
Company details
CoinDCX was established in 2018 in Mumbai, India, as a platform in the cryptocurrency sector. Trading of digital assets is facilitated through spot, margin, and futures markets, alongside lending and staking options. Fiat conversions and KYC processes are streamlined for users. Security is maintained with proof-of-reserve audits and standard protocols. Analytics tools, risk dashboards, and customer support across channels are integrated into operations.
Recognitions & Rankings of CoinDCX
- Headquarters Mumbai, India
- Employees 101
- Founders Neeraj Khandelwal, Sumit Gupta
- Stage Unicorn
- SectorsFinancial Services
- Website category Finance · Investing
- Email••••••••
- Website coindcx.com
- Social LinkedIn X Facebook
- Legal Name Neblio Technologies Private Limited
- Date of Incorporation 22 Jan, 2018
- Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Associated legal entities of CoinDCX
CoinDCX operates through Neblio Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Neblio Technologies Private Limited CIN U74999MH2018PTC304533 | Active | 22 Jan 2018 | Mumbai, Maharashtra | ₹572 Cr | 90 | 4 | View details |
Funding Insights of CoinDCX
CoinDCX has successfully raised a total of $246.72M across 7 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $246.72M
- Total Rounds 7
- First Round $2.12M
(Mar 2019)
- Investors Count 37
All 7 funding rounds of CoinDCX with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2025 | Series D | – | – | ||
| Mar 2022 | $135M | Series D | $1.52B | Pantera Capital, Steadview | |
| Jun 2021 | $90.2M | Series C | $778.98M | Polychain, Coinbase | |
| Sep 2020 | $13.9M | Series B | $••••• | Block.one, Block.one | |
| May 2020 | $2.5M | Series A | – | Polychain | |
| Mar 2020 | $3M | Series A | – | Polychain | |
| Mar 2019 | $2.12M | Seed | $••••• | Bain Capital Ventures |
Valuation history
| Date | Valuation | Stage |
|---|---|---|
| Mar 2022 | $1.52B | •••••••• |
| Jun 2021 | $778.98M | •••••••• |
| Sep 2020 | $••••• | •••••••• |
| Mar 2019 | $••••• | •••••••• |
Premium access
Full valuation and stage history of CoinDCX
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $2.45B (Oct 2025). 37 investors in total: 30 institutional and 7 angel.
Investors in CoinDCX
CoinDCX has secured backing from 37 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Coinbase, Republic and Polychain.
All
Venture Fund
Institutional
Angel
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Seed-stage investments in multiple sectors are made by Kindred Ventures. | kindredventures.com | San Francisco, United States | ||
Kingsway Capital is engaged in providing investment management services. | kingswaycap.com | London, United Kingdom | ||
Early-stage centric VC firm funding companies in the US and China | draperdragon.com | Shanghai, China | ||
Blockchain-focused investment funds and venture capital are provided. | panteracapital.com | Menlo Park, United States | ||
Blockchain startups are targeted for venture capital funding. | cadenza.vc | San Francisco, United States | ||
Multistage investments are directed toward technology, healthcare, and climate sectors. | b.capital | Manhattan Beach, United States | ||
Venture capital and funds of fund firm focused on multiple sectors | jumpcap.com | Chicago, United States | ||
Venture capital fund focused on investing in multiple sectors | baincapitalventures.com | Boston, United States | ||
Venture capital is directed toward infrastructure software companies. | uncorrelated.com | San Francisco, United States | ||
Investments in early-stage startups, with a focus on India and global networks. | 2018 | mehtaventures.co | Mumbai, India |
Premium access
Investor details for CoinDCX
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Neblio Technologies Private Limited (CoinDCX)
Neblio Technologies Private Limited is the primary company behind CoinDCX. The board of Neblio Technologies Private Limited currently have 3 directors; the longest-serving is Mridul, appointed in 2023. 6 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Mridul DIN 06472629 | Additional Director | 26 Apr 2023 | 3 yrs 6 mo | Neblio Technologies Private Limited |
| Ranganatha Esuvanahalli Narasimhaiah DIN 08929531 | Director | 01 May 2023 | 3 yrs 6 mo | Neblio Technologies Private Limited |
| Arjun Masters DIN 11847337 | Additional Director | 23 Jul 2026 | 3 mo | Neblio Technologies Private Limited |
People of CoinDCX
191 people are tracked at CoinDCX (42 in leadership, 149 in team); the tracked headcount is 101.
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
| Builder & Founder | Leadership | |
Mridul Gupta | COO | Leadership |
Anjali Kakkar | VP, Corporate Communications | Leadership |
Jitesh Patel | Director - Marketing | Leadership |
Farhan Haque | Director - Growth | Leadership |
Sangeeth Aloysius | SVP & Head Of Product & Design | Leadership |
Paras Malhotra | VP, Exchange Operations | Leadership |
Hardik Sharma | Associate Director | Leadership |
Pranav Pagaria | Executive Director | SVP Strategic Initiatives, Founders’ Office | Finance | Leadership |
Dipti Sarna | Associate Director | Leadership |
Sevashree Mohapatra | Associate Director - Corporate Communication, PR & Content | Leadership |
Prashant Verma | Chief Growth And Marketing Officer - India And MENA | Leadership |
Kaushal Pawar | Vp, Strategy - Founder's Office | Leadership |
Rajbir Kaur Bindra | Vice President - Human Resources & Employer Branding | Leadership |
Priyesh Bhadauriya | Associate Director | Leadership |
Rachit Mathur | Head - Payments | Leadership |
Harshith Mallya | Founder’s Office | Leadership |
Sridhar G. | Senior Vice President & Head Of Information Security | Leadership |
Rahul Sheth | Associate Vice President | Leadership |
171 more people are available in the full profile.
Premium access
Complete people profiles for CoinDCX
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of CoinDCX
Figures of Neblio Technologies Private Limited, the primary company behind CoinDCX, for FY 2025. Revenue was ₹572 Cr (+45% year on year). Net profit was ₹17.17 Cr (3% margin). EBITDA was ₹11.34 Cr (2% margin). Revenue has grown at a compounded annual rate of -1% over three years and +147% over five years.
- ₹572 CrRevenue · FY 2025 · +45% YoY
- ₹17.17 CrNet profit · 3% margin
- ₹11.34 CrEBITDA · 2% margin
- ₹34.3 LakhPaid-up capital
- 90Employees (provident fund records)
- -1%Revenue CAGR, 3 years
- +147%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Neblio Technologies Private Limited are on its company page.
Premium access
Detailed financial statements for CoinDCX
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Investments & Acquisitions by CoinDCX
CoinDCX has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include BitOasis.
Acquisitions
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Cryptocurrencies are exchanged, stored, and transferred via an online platform. | bitoasis.net | Dubai, United Arab Emirates | 2015 | Jul 2024 | •••• |
Premium access
Complete acquisition details for CoinDCX
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of CoinDCX
6 dated milestones of CoinDCX across 7 years, from founding to its latest funding, stage changes and deals.
- Founded CoinDCX is founded.
- Funding First funding round of $2.1M.
- Milestone Reaches Minicorn status.
- Milestone Reaches Unicorn status.
- Acquisition Acquires BitOasis.
- Funding Latest funding round, Series D,.
Web traffic of CoinDCX
The website of CoinDCX (coindcx.com) receives about 1.5M visits a month and ranks #31,158 among all websites worldwide, #1,985 in Investing.
- Monthly visits1.5M
▲ 10.8% vs previous month
- Unique visitors440.7K
per month
- Global rank#31,158
among all websites
- Category rank#1,985
Finance · Investing
Visitor engagement
- Bounce rate29%
- Pages per visit6.0
- Average visit4 min 44 sec
- DevicesDesktop 49% · Mobile 51%
Similar websites
Websites whose visitors overlap most with CoinDCX. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| wazirx.com | 100% | 439.3K | #80,490 | View details | |
| binance.com | 100% | 48.2M | #741 | View details | |
| delta.exchange | 97% | 4.9M | #6,461 | View details | |
| mudrex.com | 97% | 220.9K | #190,396 | View details | |
| tradingview.com | 92% | 248.1M | #118 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
Premium access
All 40 similar websites and full traffic analytics for CoinDCX
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Upgrade to premium
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
Upgrade to Premium No viewing limits. Your plan controls exports and screening usage.
Included in your Premium account
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Coindcx
Premium access
Complete news archive for CoinDCX
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Articles about CoinDCX on our blog
Frequently Asked Questions about CoinDCX
CoinDCX was founded in 2018 and raised its 1st funding round 1 year after it was founded.
CoinDCX is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
CoinDCX is a funded company, having raised a total of $246.72M across 7 funding rounds to date. The company's 1st funding round was a Seed of $2.12M, raised on Mar 2019.
CoinDCX has 101 employees.
The primary company behind CoinDCX, Neblio Technologies Private Limited, reported revenue of ₹572 Cr for FY 2025, up 45% year on year.
CoinDCX was established in 2018 in Mumbai, India, as a platform in the cryptocurrency sector. Trading of digital assets is facilitated through spot, margin, and futures markets, alongside lending and staking options. Fiat conversions and KYC processes are streamlined for users. Security is maintained with proof-of-reserve audits and standard protocols. Analytics tools, risk dashboards, and customer support across channels are integrated into operations.
CoinDCX has made 1 acquisition, including BitOasis.
The valuation of CoinDCX is $2.45B as of Oct 2025.
CoinDCX operates through Neblio Technologies Private Limited.
The legal entities of CoinDCX currently have 4 directors, including Ranganatha Esuvanahalli Narasimhaiah, Mridul, Pooja Rakeshkumar Shah and others.
The website of CoinDCX receives about 1.5 million visits a month and ranks #31,158 among all websites worldwide.