Indian Bitcoin Startup UnoCoin Raises $1.5m in Latest Funding
Bangalore-based startup UnoCoin has raised an impressive $1.5 million in a pre-series A funding round. Bangalore-based startup UnoCoin has raised an impressive $1.5 million in a pre-series A funding round, the largest sum ever comprised for a digital currency company in India’s history. Among the investors were Blume Ventures, Mumbai Angels, Bank to the Future, Bitcoin Capital, FundersClub, and Digital Currency Group and Boost VC, headed by Barry Silbert and Adam Draper respectively. Expressing his enthusiasm, Silbert believes the company will do great things in the future: “Since making....
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Indian bitcoin exchange Unocoin has raised $1.5 million in a Pre Series-A funding round, the highest amount raised for any digital currency venture in the country. Unocoin, an Indian bitcoin startup that offers a trading platform for Indian customers to buy, sell and store bitcoins has raised a record $1.5 million in a round of funding, the company announced on Thursday. Founded in December 2013, Unocoin is headquartered in Bangalore, a city that is commonly deemed the “Silicon Valley of India.” Over the past near-three years, the company has grown to house 30 employees while clocking over....
Bangalore, India-based Bitcoin exchange Unocoin has become the highest-funded digital currency startup in India. The company has announced it has raised $1.5 million in a Pre-Series A funding round. Funds Stem From International Investors and Strategic Indian Firms. During the announcement, Unocoin co-founder and president Sunny Ray said the team started....
Unocoin, an Indian bitcoin exchange that facilitates the country’s users to buy, sell and store bitcoins has blocked access to user accounts. The drastic move is a “temporary” measure, the bitcoin startup adds, noting that it is facing a “DNS resolution issue” since the early hours of November 3, Indian time. An email sent out to customers read: Please note that due to a DNS resolution issue that Unocoin.com is facing since 3rd November 2016 morning, the access to Unocoin.com accounts are temporarily restricted. We shall update you shortly once we resume to normal. Due to the same reason,....
Unocoin, a Bangalore based Bitcoin startup, has raised $1.5 million USD in a Pre Series-A round, the highest total raised for a digital currency venture in Indian history. Unocoin Gets a Boost from Big Players Like DCG. Funding was sourced from well-known Indian entities such as Blume Ventures, Mumbai Angels and ah! Ventures, along with prominent international investors such as Digital Currency Group, Boost VC, Bank to the Future, Bitcoin Capital and FundersClub. “We’re honoured to have this type of support from top investors,” remarked Unocoin co-founder and CEO, Sathvik Vishwanath. “We....
Unocoin, one of India’s leading Bitcoin companies, has just unveiled its first Application Programming Interface (API) release. The company is providing the API to help curate the cryptocurrency market within India. Unocoin Releases Application Programming Interface for Startups and Entrepreneurs. Unocoin has been expanding its operations following a....