Indian Bitcoin Wallet Zebpay Records Impressive Turnover
The ease of use associated with Bitcoin in India is part of why this digital currency has become so successful in recent times. Bitcoin seems to be on the right track over in India, as Zebpay recently announced they surpassed a significant volume milestone in transaction processing. This does not come as a big surprise, considering how well Bitcoin has been doing in the country as of late. Over the past ten months, Indian Bitcoin wallet startup Zebpay has processed a lot of transactions. So much even they surpassed the Rs 100-crore – Rs 1 billion – mark not too long ago, which is a....
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Sandeep Goenka, COO and co-founder, ZebPay, attributes the increased interest in Bitcoin in India to demonetization. ZebPay, an Indian Bitcoin exchange company, clocked in a turnover of over 500 crore (USD 5 billion). They did more than Rs 100 crore of trade turnover in November 2016 and are on target to achieve a turnover of Rs 1,000 crore, this year. Sandeep Goenka, COO and co-founder, ZebPay, attributes the increased interest in Bitcoin in India to demonetization. This sudden rise in interest has catapulted the value of the bitcoin from around $300 last year to now over $700. Zebpay....
According to reports, Indian bitcoin wallet provider Zebpay is in talks to secure $4-$5 million in a Series-A round of funding. By November, bitcoin wallet startup Zebpay is expecting to close Series-A funding of $4-$5 million, according to co-founder Saurabh Agarwal. A report from Indian business daily The Economic Times revealed that the company is in discussions with multiple Indian investors and an unnamed US-based venture capital fund that has a track record in investing in blockchain technology endeavors. Zebpay works as a mobile-only bitcoin wallet app, allowing users to buy, sell....
Indian bitcoin startup Zebpay has launched its new mobile wallet for the Android phone. The company's founders issued a statement regarding the wallet and its alleged ease of use, saying: "Zebpay is the world's first Bitcoin mobile wallet targeted at everyone, not just geeks... If you use popular instant messaging apps, then you already know how to use Zebpay... Once you download Zebpay you can simply send and receive bitcoins to anyone from your contact book. Really, that's all there is to it." Zebpay recently won the top prize at the CoinAgenda conference's startup competition. Founder....
We have been covering a lot about the Indian Bitcoin ecosystem for a while now, and in a recent post we have discussed the various features offered by prominent Indian Bitcoin start-ups in an attempt to get more people to adopt and use Bitcoin in their day-to-day transactions. Zebpay is one such Indian Bitcoin company which has made the process of Bitcoin transfer as easy as sending instant messages on WhatsApp or WeChat. Zebpay has recently started selling cash vouchers for e-commerce sites, which can be bought using Bitcoin. This way, the company is allowing its customers to indirectly....
Indian bitcoin startup Zebpay has raised $1 million in funding from several investors in the country. The funds will be used to promote the cryptocurrency in the country of over a billion people and in the setting up of a dedicated blockchain laboratory for research. Indian bitcoin wallet startup Zebpay, has successfully raised a second round of funding of $1 million for the primary goal of promoting bitcoin in India. There are no current laws in the country that deem Bitcoin trading or accepting bitcoins as an illegal act. Incidentally, India’s central bank, the Reserve Bank of India....