About CoinSwitch
CoinSwitch is a company based in Bengaluru (India) founded in 2017 by Vimal Sagar Tiwari, Govind Soni, and Ashish Singhal. CoinSwitch has raised $301.5 million across 4 funding rounds from investors including Peak XV Partners, Ribbit Capital and Andreessen Horowitz. The company has 7 employees as of October 08, 2025. CoinSwitch offers products and services including CoinSwitch PRO, Crypto Futures Trading, API Trading, and Systematic Investment Plan. CoinSwitch operates in a competitive market with competitors including Gemini, FTX, Blockchain, Bitstamp and PDAX, among others.
- Headquarter Bengaluru, India
- Employees 7 as on 08 Oct, 2025
- Founders Vimal Sagar Tiwari, Govind Soni, Ashish Singhal
- Stage Unicorn
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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- Legal Name Nextgendev Solutions Private Limited
- Date of Incorporation 22 May, 2021
- Jurisdiction Bangalore South, Karnataka, India
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Annual Revenue
$677.8 K (USD)199.49as on Mar 31, 2024
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Net Profit
-$3.72 M (USD)-8.53as on Mar 31, 2024
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EBITDA
-$3.82 M (USD)-10.29as on Mar 31, 2024
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Total Equity Funding
$301.5 M (USD)
in 4 rounds
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Latest Funding Round
$260 M (USD), Series C
Oct 06, 2021
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Investors
Peak XV Partners
& 6 more
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Employee Count
7
as on Oct 08, 2025
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Products & Services of CoinSwitch
CoinSwitch offers a comprehensive portfolio of products and services, including CoinSwitch PRO, Crypto Futures Trading, API Trading, and Systematic Investment Plan.
Advanced platform for spot trading cryptocurrencies in INR with low fees
Enables trading of futures contracts with up to 50X leverage
Facilitates automated crypto trading using application programming interfaces
Allows monthly crypto purchases for systematic investment strategies
People of CoinSwitch
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Funding Insights of CoinSwitch
CoinSwitch has successfully raised a total of $301.5M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $260 million completed in October 2021. 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.
Investors in CoinSwitch
CoinSwitch has secured backing from 7 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Peak XV Partners, Ribbit Capital and Andreessen Horowitz.
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Venture capital investments in technology sectors are handled by Andreessen Horowitz.
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Early-stage companies in fintech and multiple sectors are invested in.
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Venture and private equity investments are managed with global diversification.
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Investor details for CoinSwitch
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Investments & Acquisitions by CoinSwitch
Investment portfolio details for CoinSwitch
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- Portfolio identities
- Transaction dates
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Financial Statements - CoinSwitch
Detailed financials for CoinSwitch
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Coinswitch Comparisons
Peer comparison for CoinSwitch
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
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Competitors of CoinSwitch
CoinSwitch operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Gemini, FTX, Blockchain, Bitstamp and PDAX, among others.
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Platform offering crypto exchange solutions
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Cryptocurrency trading is facilitated through an online platform.
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App-based platform for exchange and trading solutions for cryptocurrency
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Cryptocurrencies are bought, sold, and exchanged via a mobile app.
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Online exchange platform for cryptocurrencies
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Online platform for crypto exchange
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Detailed competitors of CoinSwitch
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Latest news on Coinswitch
Complete news archive for CoinSwitch
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Frequently Asked Questions about CoinSwitch
CoinSwitch was founded in 2017 and raised its 1st funding round 1 year after it was founded.
CoinSwitch is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Ashish Singhal is the current CEO of CoinSwitch. They have also founded this company.
CoinSwitch is a funded company, having raised a total of $301.5M across 4 funding rounds to date.
As of Oct 08, 2025, the latest employee count at CoinSwitch is 7.
Annual revenue of CoinSwitch is $677.8K as on Mar 31, 2024.
Cryptocurrency exchange and trading service provider. The platform enables users to buy, sell, and trade a wide range of digital assets using Indian Rupees. It aggregates liquidity from multiple crypto exchanges to present competitive real-time pricing and unified portfolio management. Its services include spot trading, futures contracts with leverage, systematic investment plans, and automated trading bots suited for both novice and advanced users. It provides secure infrastructure, encryption protocols, and proof-of-reserve practices to enhance fund safety. Trading tools include limit orders, charting interfaces through integrations, and API access for automation workflows.
CoinSwitch's top competitors include Blockchain, Gemini and FTX.
CoinSwitch offers CoinSwitch PRO, Crypto Futures Trading, API Trading, and Systematic Investment Plan.
CoinSwitch has 7 investors. Key investors include Peak XV Partners, Ribbit Capital, Andreessen Horowitz, ventures.coinbase.com, and Tiger Global.
The valuation of CoinSwitch is $1.91B as of Oct 2021.