Key Metrics
  • No. of Employees519
  • Founded Year 2017
  • Company StagePrivate Limited Company
  • Total Funding₹2,252.3 Cr
  • Industry

  • Headquarter
  • Company StatusActive
About CoinSwitch

CoinSwitch is on a mission to Make Money Equal for All.

As India’s largest crypto investing app, they are creating an ecosystem that simplifies crypto and is trusted by over 19 Million Registered Users.

Founded in 2017 by Ashish Singhal, Govind Soni, and Vimal Sagar Tiwari, and backed by blue chip investors including Andreessen Horowitz (a16z), Tiger Global, Sequoia Capital, Ribbit Capital, Paradigm, and Coinbase Ventures, the company is evolving into a wealth-tech destination for every Indian.

Business Model

CoinSwitch Kuber is a cryptocurrency exchange and trading platform. Its products include Crypto Rupee Index (CRE8), a diversified virtual digital asset index denominated in Indian Rupee, Systematic Investment Plan (SIP) for consistent crypto investment. CoinSwitch Kuber also supports API trading for automated trading purposes.

Top Competitors
ZE
ZebpayU72100GJ2018FLC104448
WA
WazirxU72900MH2017PTC303170
UN
UnocoinU72200KA2015PTC080145
CO
CoindcxU74999MH2018PTC304533
CoinSwitch Funding Details
Funding Highlights
Latest Funding RoundSeries C
Total Funding Raised₹2,252.3 Cr
No. of Investments Made4
Total No. of Acquisitions0
Lead Investors4
Investors
  • Andreessen Horowitz, Coinbase Ventures, Peak XV Partners, Tiger Global
Funding Details
TheKredible's detailed funding report contains info about Funding raised by the company along with Lead Investors, Investors, Shareholding Strcuture, and its Investments & Acquisitions.
₹799.00 ₹1,598.00
Funding History
TheKredible's 'Funding History' report provides deep insights of Funding with list of Lead Investors
₹399.00 ₹798.00
Funding Per Year
A Funding report of the company's overall funding on yearly basis, segregated by the team TheKredible.
₹199.00 ₹398.00
Investment Company Done
Detailed report about the Invtestments made by the company till date.
₹499.00 ₹998.00
CoinSwitch Financial Details
Financial Highlights
FY 2023-24 Revenue₹187.19 Cr
FY 2023-24 Expenses₹318.6 Cr
FY 2023-24 Profit/Loss-₹151.45 Cr
Net Cash Flow From Operations-₹94.62 Cr
Full Financial Details
Detailed report containing info about Business Model, year-wise Financial Comparison, Ratio Analysis and detailed Revenue and Expense breakdowns.
₹799.00 ₹1,598.00
Financial Comparison
A detailed report of year-wise Financial Comparison of the company
₹430.00 ₹860.00
Revenue Breakdown
A report and breakdown of the company's year-wise revenue streams.
₹399.00 ₹798.00
Expense Breakdown
A report and breakdown of the company's year-wise expenditures.
₹399.00 ₹798.00
Shareholding Structure
Team at TheKredible has gone through several ROC filings and portrayed Shareholding Structure of the company.
₹499.00 ₹998.00
Financial Ratio
Analysis of Financial Ratios which gives quick insights about the company's profitability and capital efficiency.
₹199.00 ₹398.00
CoinSwitch Key People
People Metrics
Current Core Team3
Board Members/Directors3

Core Team

AS
Ashish Singhal Co Founder & CEO
GS
Govind SoniCo-Founder & CTO
VS
Vimal Sagar TiwariCo-Founder & COO

Board Members/Directors

GK
Govind Kumar SoniWholetime Director
AS
Ashish Singhal Director
VS
Vimal Sagar Tiwari Director
CoinSwitch Documents

AY - 2021-22

Profit and Loss statement - CoinSwitch - 2021-22.pdf
TheKredible's experts has summarized the Profit and Loss Statement of CoinSwitch for FY 2021-22.
₹249.00 ₹498.00
Balance Sheet - CoinSwitch - 2021-22.pdf
TheKredible's experts has summarized the Balance Sheet of CoinSwitch for FY 2021-22.
₹249.00 ₹498.00

AY - 2022-23

Profit and Loss statement - CoinSwitch - 2022-23.pdf
TheKredible's experts has summarized the Profit and Loss Statement of CoinSwitch for FY 2022-23.
₹249.00 ₹498.00
Balance Sheet - CoinSwitch - 2022-23.pdf
TheKredible's experts has summarized the Balance Sheet of CoinSwitch for FY 2022-23.
₹249.00 ₹498.00

AY - 2023-24

Profit and loss statement - CoinSwitch - 2023-24.pdf
TheKredible's experts has summarized the Profit and Loss Statement of CoinSwitch for FY 2023-24
₹249.00 ₹498.00
Balance sheet - CoinSwitch - 2023-24.pdf
TheKredible's experts has summarized the Balance Sheet of CoinSwitch for FY 2023-24
₹249.00 ₹498.00

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