CoinDCX, an Estonia-based global liquidity aggregator with R&D in Mumbai, India, raised a seed round of financing.
The round was led by Bain Capital Ventures, with participation from notable angels, including Sanjay Mehta and Utsav Somani.
Funds will be used to scale technical infrastructure and introduce products that bring transparency and inclusivity to CoinDCX’s users.
Led by Sumit Gupta, co-founder, and Neeraj Khandelwal, co-founder, CoinDCX is a financial services aggregator and has versatile financial instruments and deep orderbooks that target a variety of trading use-cases. The company has gathered a user base of 50,000, and over a million dollars in average daily trading volume.