Koinex

Mumbai, India Founded: 2017 • Age: 9 yrs
Operates as a platform for secure cryptocurrency exchange and trading services.
Annual revenue $1.8M Latest available
Total funding $1.7M 4 rounds
Employees 38 Tracked headcount
Investors 11 Known backers
Products - Services tracked
Competitors 11 Brand Intelligence

About Koinex

Koinex is a company based in Mumbai (India) founded in 2017. It operates as a B2C. Koinex has raised $1.66 million across 4 funding rounds from investors including Venture Catalysts, Samyakth Capital and Beenext. The company has 38 employees as of March 31, 2019. Koinex operates in a competitive market with competitors including Gemini, FTX, Blockchain, Bitstamp and PDAX, among others.

  • Headquarter Mumbai, India
  • Employees 38 as on 31 Mar, 2019
  • Stage Minicorn
  • Sectors
    Financial Services
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Discidium Internet Labs Private Limited
  • Date of Incorporation 24 Jul, 2017
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Financial Services → Banking & Financial Institutions Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $1.78 M (USD)
    -65.98
    as on Mar 31, 2019
  • Net Profit
    -$1.49 M (USD)
    -178.4
    as on Mar 31, 2019
  • EBITDA
    -$2.36 M (USD)
    -187.11
    as on Mar 31, 2019
  • Total Equity Funding
    $1.66 M (USD)

    in 4 rounds

  • Latest Funding Round
    $230.1 K (USD), Angel Round

    Feb 01, 2018

  • Investors
  • Employee Count
    38

    as on Mar 31, 2019

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Funding Insights of Koinex

Koinex has successfully raised a total of $1.66M across 4 strategic funding rounds. The most recent funding activity was a Angel Round of $230.1 thousand completed in February 2018. 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 Koinex

Koinex has secured backing from 11 investors, including venture fund and angel investors. Prominent investors backing the company include Venture Catalysts, Samyakth Capital and Beenext.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
Early-stage startup ecosystem is supported by Venture Catalysts in India.
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Early-stage venture capital fund
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Blockchain-focused investment funds and venture capital are provided.
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Investor details for Koinex

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  • Investor domains
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Investments & Acquisitions by Koinex

Investments
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Investment portfolio details for Koinex

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  • Transaction dates
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Financial Statements - Koinex

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Detailed financials for Koinex

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Koinex Comparisons

Koinex Primary company
Description
Operates as a platform for secure cryptocurrency exchange an...
Location
Mumbai, India
Founded Year
2017
Annual Revenue
$1.78 M (USD)
Net Profit
-$1.49 M (USD)
EBITDA
-$2.36 M (USD)
Employees
38
As of 2019
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Peer comparison for Koinex

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Competitors of Koinex

Koinex 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.

Company Name Domain Founded year HQ Location Description
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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 Koinex

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Latest news on Koinex

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Complete news archive for Koinex

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Frequently Asked Questions about Koinex

Koinex was founded in 2017.

Koinex is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Koinex is a funded company, having raised a total of $1.66M across 4 funding rounds to date.

As of Mar 31, 2019, the latest employee count at Koinex is 38.

Annual revenue of Koinex is $1.78M as on Mar 31, 2019.

Koinex, based in Mumbai, focuses on finance, fintech, dealing with cryptocurrency, and exchange platforms. Operates as a platform for secure cryptocurrency exchange and trading services. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.

Koinex's top competitors include Blockchain, Gemini and FTX.

Koinex has 11 investors. Key investors include Venture Catalysts, Samyakth Capital, Beenext, Pantera Capital, and Shantanu Sunil Shete.

The valuation of Koinex is $5.6M as of Dec 2017.

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