CoinSwitch

Active#50 in India

Exchange and investing app

Crypto›exchange and investing app

Founded2017

HQBengaluru

RaisedUSD ~300M

Last roundSeries C · Oct 2021

Country of originIndiaListed in the India ranking

Where would you invest?Singapore parent (PeepalCo); operations in BengaluruJurisdiction as cited by the ranking

Uback rankings

How the AI ranks →

Ranking	Tier	Rank	Edition	Next update
India · all sectors	Top 50	#50	Edition 0 – beta · October 2026	2 Jan 2027
Crypto exchanges · worldwide	Radar	—	Edition 0 (beta) · Sep 2026	12 Oct 2026

Rank historyOct 2026 · #50First edition: no movements yet.

Estimated valuation

AI · India ranking

≈ USD 450MUSD 300–670M · Hundreds of M$ Medium confidence

Hundreds of k$

Millions $

Tens of M$

Hundreds of M$

Unicorn

Decacorn

Anchor: Last known equity round: Series C · USD 260M · Oct 2021
Published valuation: USD 1.9bn · Oct 2021 · older than 24 months, shown for reference
AI adjustment: ÷ 3: revenue down to INR 38 cr in FY24; layoffs in 2023

An indicative editorial estimate produced by AI, imperfect by nature: neither a financial valuation nor investment advice. Only the market sets a company’s value. Method

Funding history

USD ~300M raised in total

Date	Round	Amount	Type	Investors	Source
Oct 2021	Series C	USD 260M	Equity	a16z, Coinbase Ventures	techcrunch.com

Rounds as cited by Uback’s rankings and their sources. Equity, debt and grants are shown separately; only equity rounds count towards the valuation anchor.

Independent analyses

By industry professionals & analysts

Industry professionals and financial analysts can publish their own analysis of CoinSwitch as a PDF, on one of three angles only:

ValuationWhat is CoinSwitch worth?

Versus competitorsIs #50 the right rank?

Who should acquire itStrategic buyers, and why

Publish an analysisName, role and LinkedIn shown · public sources only

Analyses are the opinion of their authors, not of Uback. They are checked before publication and never change the rank.

Invest

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India poolBelow threshold

BackersBelow threshold

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What the AI reads

Press & investor announcements1 source

Read by the AI at the next edition.

Comparable companies in India

Full India ranking →

CoinDCX#9Crypto › exchangeUnicorn slice#49Fintech › digital small finance bankHundreds of M$Atomberg#48Consumer hardware › energy-efficient appliancesHundreds of M$Agnikul Cosmos#47SpaceTech › 3D-printed launch vehiclesHundreds of M$

Investors in CoinSwitch: Andreessen Horowitz · Coinbase Ventures

Sources. techcrunch.com

Last updated: Oct 2026Report an error

Uback is a content publisher. It provides no investment advice, receives no mandate and takes part in no transaction. Rankings, ranges and brackets are editorial estimates produced by AI, purely indicative.