Radar · Cryptocurrencies in India
Best Cryptocurrencies Companies in India
The 457 best Cryptocurrencies companies in India in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: CoinSwitch.
By Riya SenguptaFinancials
457companies tracked
$894.4Mdisclosed funding
2unicorns
79have raised
Ranked by disclosed equity funding and recent momentum, the Cryptocurrencies companies in India tracked here represent $894M in total funding across 457 firms, two of which have crossed unicorn status. CoinSwitch leads the funding table at $302M, with CoinDCX close behind at $247M. The combined revenue pool from 110 validated filers sits at $135M, with a median company revenue of $63,543 — modest, but the outliers are striking. Neblio Technologies Private Limited pulled $65M in revenue at 43% YoY growth, and Awlencan Innovations India Limited added $11M at 84% growth, earning net income 778x the sector median of $5,179. So when you hear "crypto startup," don't picture a funded idea — picture a real earned-revenue story at the top end.
The broader picture is more complicated. Median revenue growth is running at -8% YoY, which I'd call the honest number this sector doesn't advertise. The market is growing at a CAGR of roughly 4.6%, driven by crypto's expanding role as both a payment rail and a savings vehicle, but uncertain regulatory status in India remains a structural ceiling on scale. As shown in 2018 research, crypto asset volatility directly shapes investor behavior, and that dynamic still defines how capital moves through this space. Coverage is rising, with stablecoin fx impact and margin trading emerging as the themes worth watching.
FLIAR INTELLIGENCE · CRYPTOCURRENCIES × INDIA
Our analysis of 50 Cryptocurrencies companies
$7.1b in tracked funding; 100% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2026.
50companies analysed
100%cloud-native stacks
2026funding peak (by rounds)
10unicorns
2020median founding year
376kcombined LinkedIn audience
74%of audience held by top 3
3companies hiring publicly (12 mo)
Ranked: Best Cryptocurrencies companies in India
| # | Company | Disclosed funding | Last round | Revenue | Revenue YoY | Employees | Founder | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | WazirX Online exchange platform for cryptocurrency | $3M | 76 mo ago | $108M FY2022 | +631% | 300 | Sameer Mhatre Co-Founder | 1 job opening · 1 launch |
| 2 | CoinDCX 🦄 Cryptocurrency exchange and trading service provider 78Moat top 17%Customers top 20%Funding top 21%Fin. health top 29% All 11 signals ▾Moattop 17% Customerstop 20% Fundingtop 21% Fin. healthtop 29% Markettop 32% Techtop 32% Talenttop 34% Producttop 36% Growthtop 49% Globalbottom 45% Newsbottom 24% Moat: Top 1% by revenue among 87 tracked Cryptocurrencies companies · Editorial + unicorn rating 9/10 Customers: Play-Store rating 4.44★ across 418,874 ratings (1 apps) · Review volume +3% in 6 mo rank vs industry peers · Fliar Intelligence Index 78/100 | $247M | 8 mo ago | $68M FY2025 | +45% | 98 | Neeraj Khandelwal Co-Founder | 2 awards |
| 3 | CoinSwitch 🦄 Broker-based online crypto trading and exchange platform 67Moat top 17%Tech top 22%Customers top 22%News top 24% All 11 signals ▾Moattop 17% Techtop 22% Customerstop 22% Newstop 24% Markettop 25% Talenttop 28% Fundingtop 33% Producttop 46% Globalbottom 45% Fin. healthbottom 38% Growthbottom 34% Moat: Top 1% by revenue among 87 tracked Cryptocurrencies companies · Editorial + unicorn rating 9/10 Tech: 30 technologies across 6/8 capability areas · Cloud: Cloudflare rank vs industry peers · Fliar Intelligence Index 67/100 | $302M | 56 mo ago | $15M FY2025 | — | 354 354 → 423 (+19%) | Sagar Tiwari Co-Founder | — |
| 4 | Onmeta Provider of cryptocurrency and Dapp services | $2M | 45 mo ago | $11M FY2025 | +17% | 25 | Krishna Teja Co-Founder | 1 launch · 1 award |
| 5 | Vauld Cryptocurrencies platform offering diversified solutions 62Tech top 29%Fin. health top 36%Moat top 39%Growth top 40% All 11 signals ▾Techtop 29% Fin. healthtop 36% Moattop 39% Growthtop 40% Fundingtop 41% Markettop 47% Customerstop 50% Talentbottom 49% Productbottom 47% Globalbottom 39% Newsbottom 36% Tech: 31 technologies across 5/8 capability areas · Cloud: Amazon Cloudfront, Amazon Ses Fin. health: Revenue ~$6.1M (FY2021) · Net margin 0.2% rank vs industry peers · Fliar Intelligence Index 62/100 | $28M | 58 mo ago | $6M FY2022 | +15212% | 70 | Sanju Kurian Co-Founder & CTO | — |
| 6 | Mudrex Provider of platform for cryptocurrency trading, futures, and curated baskets 40Tech top 28%Talent top 34%Moat top 39%Funding top 43% All 11 signals ▾Techtop 28% Talenttop 34% Moattop 39% Fundingtop 43% Customerstop 44% Productbottom 48% Globalbottom 45% Marketbottom 44% Growthbottom 40% Newsbottom 27% Fin. healthbottom 26% Tech: 38 technologies across 5/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 Talent: Analyst team rating 4/5 · 2 named leaders on record rank vs industry peers · Fliar Intelligence Index 40/100 | $10M | 46 mo ago | $2M FY2025 | -97% | 25 | Edul Patel Co-Founder & CEO | — |
| 7 | RentalCoins Online blockchain-based P2P aggregator for car rentals | $8M | 97 mo ago | $1M FY2021 | -82% | 79 | Abhishek Mahajan Co-Founder & CFO | — |
| 8 | Unocoin Provider of platform for buying, selling, and managing cryptocurrency assets | $7M | 68 mo ago | $1M FY2025 | -12% | 41 41 → 70 (+71%) | Abhinand Kaseti Co-Founder & CMO | 1 launch |
| 9 | Defy Provider of a social crypto exchange platform 29Moat top 21%News bottom 48%Market bottom 46%Funding bottom 46% All 7 signals ▾Moattop 21% Newsbottom 48% Marketbottom 46% Fundingbottom 46% Fin. healthbottom 46% Productbottom 39% Globalbottom 37% Moat: Top 15% by revenue among 87 tracked Cryptocurrencies companies · Editorial + unicorn rating 7/10 News: 1 BI events in 12 mo (of 5 tracked, 4 types) · Top themes: Hiring rank vs industry peers · Fliar Intelligence Index 29/100 | $6M | 53 mo ago | $924K FY2025 | — | 14 | — | — |
| 10 | ASQI Provider of agriculture technology and biochar solutions for sustainable farming | $1M | 54 mo ago | $525K FY2025 | -24% | 20 | Palak Nanjani Co-Founder & COO | — |
| 11 | KoinX Provider of cryptocurrency tax calculation and portfolio tracking software solutions 50Growth top 21%Moat top 32%Tech top 36%Funding top 50% All 8 signals ▾Growthtop 21% Moattop 32% Techtop 36% Fundingtop 50% Talentbottom 49% Fin. healthbottom 43% Globalbottom 39% Marketbottom 35% Growth: Revenue +161% YoY · Fresh capital in last 24 mo Moat: Top 23% by revenue among 87 tracked Cryptocurrencies companies · Editorial + unicorn rating 5/10 rank vs industry peers · Fliar Intelligence Index 50/100 | $2M | 19 mo ago | $431K FY2025 | +161% | 16 | Punit Agarwal Founder | 1 launch · 1 partnership |
| 12 | MoHash Provider of DeFi protocol for access to emerging market debt 42Growth top 18%Moat top 31%Fin. health top 48%Global bottom 39% All 6 signals ▾Growthtop 18% Moattop 31% Fin. healthtop 48% Globalbottom 39% Fundingbottom 38% Marketbottom 31% Growth: Revenue +44% YoY Moat: Top 32% by revenue among 87 tracked Cryptocurrencies companies · Editorial + unicorn rating 7/10 rank vs industry peers · Fliar Intelligence Index 42/100 | $7M | 49 mo ago | $266K FY2025 | +44% | 5 | — | — |
| 13 | FlipItMoney App-based stock market trading and analytics platform for individuals | $3M | 52 mo ago | $262K FY2025 | +40% | 1 | Bharat Bhushan Co-Founder | — |
| 14 | WeTrade App-based platform for investments in crypto | $2M | 49 mo ago | $238K FY2025 | -85% | 10 | Prashant Kumar Founder | — |
| 15 | Cypherock Platform offering a crypto wallet | $1M | 42 mo ago | $236K FY2025 | +63% | 21 | Rohan Agarwal Co-Founder & CEO | — |
| 16 | Carret App-based trading platform for cryptocurrencies 53Growth top 18%Fin. health top 36%Tech top 38%Talent top 38% All 10 signals ▾Growthtop 18% Fin. healthtop 36% Techtop 38% Talenttop 38% Moattop 50% Productbottom 40% Fundingbottom 38% Globalbottom 32% Marketbottom 28% Newsbottom 22% Growth: Revenue +102% YoY · Fresh capital in last 24 mo Fin. health: Revenue ~$218k (FY2025) · Net margin 35.3% rank vs industry peers · Fliar Intelligence Index 53/100 | $61K | 10 mo ago | $218K FY2025 | +102% | 7 | Shuja Hussain Co-Founder & COO | 1 launch |
| 17 | Rooba Finance Provider of a networking platform for the adoption of the web3 ecosystem | $1M | 48 mo ago | $105K FY2025 | +419% | 8 | Arjun Khazanchi Co-Founder & CEO | — |
| 18 | TaxNodes Online platform for cryptocurrency tax management solutions 10Talent top 38%Tech top 40%Moat top 48%Global bottom 41% All 8 signals ▾Talenttop 38% Techtop 40% Moattop 48% Globalbottom 41% Marketbottom 38% Fundingbottom 32% Fin. healthbottom 12% Growthbottom 8% Talent: 2 named leaders on record · 2 C-suite/founder profiles curated Tech: 22 technologies across 5/8 capability areas · Cloud: Cloudflare rank vs industry peers · Fliar Intelligence Index 10/100 | $2M | 36 mo ago | $86K FY2025 | -65% | 46 | Avinash Shekhar Co-Founder & CEO | — |
| 19 | Density Online cryptocurrency derivatives exchange platform | $2M | 42 mo ago | $21K FY2024 | — | 30 | Aakash Neeraj Mittal Co-Founder & CEO | — |
| 20 | Crypso Online crypto-focused social trading platform 5Talent top 28%Funding bottom 49%Product bottom 40%Global bottom 39% All 8 signals ▾Talenttop 28% Fundingbottom 49% Productbottom 40% Globalbottom 39% Moatbottom 33% Marketbottom 15% Fin. healthbottom 9% Growthbottom 8% Talent: 3 named leaders on record · 3 C-suite/founder profiles curated Funding: Raised $4.1M across 2 rounds · 2 rounds over 5 yrs (0.4/yr) rank vs industry peers · Fliar Intelligence Index 5/100 | $4M | 46 mo ago | $7K FY2025 | -97% | 5 | Ravi Chirania Co-Founder | — |
| 21 | ThoreCoin Developer of a platform offering a security token to make substantial investments | $920K | 35 mo ago | $7K FY2025 | — | 12 | Alok Kumar Founder | — |
| 22 | PlutoPe Provider of a non-custodial crypto wallet and debit card 10Growth top 35%Talent bottom 49%Tech bottom 48%Product bottom 45% All 9 signals ▾Growthtop 35% Talentbottom 49% Techbottom 48% Productbottom 45% Fundingbottom 39% Globalbottom 30% Moatbottom 12% Fin. healthbottom 7% Marketbottom 6% Growth: Fresh capital in last 24 mo Talent: 1 named leader on record · 1 C-suite/founder profile curated rank vs industry peers · Fliar Intelligence Index 10/100 | $500K | 12 mo ago | $0 FY2025 | — | — | Kumar Tyagi Founder & CEO | 1 job opening · 1 launch |
| 23 | Krypto App-based trading platform for cryptocurrency | $975K | 50 mo ago | — | — | 26 | Shaaran Lakshminarayanan Co-Founder & CEO | — |
| 24 | Nomoex Provider of cryptocurrency and digital assets exchange platform 22Innovation top 23%Product top 45%Talent bottom 49%Tech bottom 48% All 8 signals ▾Innovationtop 23% Producttop 45% Talentbottom 49% Techbottom 48% Fundingbottom 37% Globalbottom 37% Marketbottom 26% Fin. healthbottom 11% Innovation: 10 product lines · Deep-tech classification: Blockchain Product: 10 distinct product lines · 1 published app (7.5k installs) rank vs industry peers · Fliar Intelligence Index 22/100 | $2M | 21 mo ago | — | — | 20 | Anurag Jha Co-Founder | — |
| 25 | Kuru Online platform for cryptocurrency trading 57Tech top 33%Growth top 45%Global bottom 48%Talent bottom 45% All 5 signals ▾Techtop 33% Growthtop 45% Globalbottom 48% Talentbottom 45% Fundingbottom 43% Tech: 27 technologies across 5/8 capability areas · Cloud: Cloudflare, Vercel Growth: Web rank 500,000 → 5,000,000 YoY · Fresh capital in last 24 mo rank vs industry peers · Fliar Intelligence Index 57/100 | $2M | 22 mo ago | — | — | — | Fravashi Co-Founder & CEO | — |
| 26 | Kelp DAO DAO-based cryptocurrency staking platform 42Talent top 38%Funding top 42%Market bottom 47%Global bottom 38% All 4 signals ▾Talenttop 38% Fundingtop 42% Marketbottom 47% Globalbottom 38% Talent: 2 named leaders on record · 2 C-suite/founder profiles curated Funding: Raised $9.0M across 1 rounds · 1 rounds over 2 yrs (0.5/yr) rank vs industry peers · Fliar Intelligence Index 42/100 | $9M | 24 mo ago | — | — | — | Dheeraj Borra Co-Founder | — |
| 27 | tanX Decentralized order-book exchange platform for traders, institutions, and exchanges 27Talent top 28%Funding top 39%Global bottom 45%Tech bottom 41% All 5 signals ▾Talenttop 28% Fundingtop 39% Globalbottom 45% Techbottom 41% Marketbottom 25% Talent: 3 named leaders on record · 3 C-suite/founder profiles curated Funding: Raised $16.5M across 1 rounds · 1 rounds over 3 yrs (0.3/yr) rank vs industry peers · Fliar Intelligence Index 27/100 | $16M | 33 mo ago | — | — | — | Bhavesh Praveen Co-Founder | — |
| 28 | GARI Crypto-based social media platform 27Moat top 20%Talent top 38%Market top 39%Funding top 39% All 8 signals ▾Moattop 20% Talenttop 38% Markettop 39% Fundingtop 39% Globalbottom 45% Fin. healthbottom 32% Techbottom 29% Growthbottom 18% Moat: Top 4% by revenue among 226 tracked Social Platforms companies · Editorial + unicorn rating 5/10 Talent: 2 named leaders on record · 2 C-suite/founder profiles curated rank vs industry peers · Fliar Intelligence Index 27/100 | $87M | 52 mo ago | — | — | 76 | Sumit Ghosh Co-Founder & CEO | — |
| 29 | Brahma Blockchain-based network for Defi applications in the finance industry 27Talent top 28%Funding top 42%Moat top 48%Tech bottom 39% All 7 signals ▾Talenttop 28% Fundingtop 42% Moattop 48% Techbottom 39% Globalbottom 38% Marketbottom 36% Growthbottom 35% Talent: 3 named leaders on record · 3 C-suite/founder profiles curated Funding: Raised $6.7M across 2 rounds · 2 rounds over 4 yrs (0.5/yr) rank vs industry peers · Fliar Intelligence Index 27/100 | $7M | 30 mo ago | — | — | 15 | Bapi K Co-Founder | — |
| 30 | Pillow Fund Online platform for cryptocurrency exchange 67Customers top 22%Market top 33%Funding top 37%Product bottom 48% All 5 signals ▾Customerstop 22% Markettop 33% Fundingtop 37% Productbottom 48% Globalbottom 43% Customers: App rating 4.3★ (5,262 reviews) Market: 75 employees (top 16% of Blockchain Technology) rank vs industry peers · Fliar Intelligence Index 67/100 | $21M | 44 mo ago | — | — | 75 | — | — |
| 31 | Strip Finance Provider of a decentralized platform for NFT liquidity 16Moat top 22%Funding top 48%Talent bottom 49%Tech bottom 44% All 7 signals ▾Moattop 22% Fundingtop 48% Talentbottom 49% Techbottom 44% Globalbottom 39% Marketbottom 23% Newsbottom 22% Moat: Editorial + unicorn rating 8/10 · Soonicorn Funding: Raised $40.5M across 2 rounds · 2 rounds over 5 yrs (0.4/yr) rank vs industry peers · Fliar Intelligence Index 16/100 | $40M | 55 mo ago | — | — | 7 | Yash Jejani Co-Founder & CEO | — |
| 32 | PYOR Provider of custom data solutions for blockchain protocols and DAOs 22Talent top 28%Tech top 50%Global bottom 43%Funding bottom 42% All 5 signals ▾Talenttop 28% Techtop 50% Globalbottom 43% Fundingbottom 42% Marketbottom 24% Talent: 4 named leaders on record · 4 C-suite/founder profiles curated Tech: 16 technologies across 4/8 capability areas · Cloud: Amazon Web Services rank vs industry peers · Fliar Intelligence Index 22/100 | $4M | 31 mo ago | — | — | 7 | Sarmad Nazki Co-Founder | — |
| 33 | Hornet Blockchain-based cryptocurrency forensics and intelligence platform 11Talent top 38%Growth top 45%Funding bottom 42%Tech bottom 37% All 8 signals ▾Talenttop 38% Growthtop 45% Fundingbottom 42% Techbottom 37% Globalbottom 37% Moatbottom 32% Marketbottom 16% Fin. healthbottom 10% Talent: 2 named leaders on record · 2 C-suite/founder profiles curated Growth: Web rank 10,000,000 → 50,000,000 YoY · Fresh capital in last 24 mo rank vs industry peers · Fliar Intelligence Index 11/100 | $30K | 16 mo ago | — | — | — | Souvik Haldar Co-Founder | — |
| 34 | Pine Provider of NFT-backed lending platform for individuals 9Talent bottom 49%Funding bottom 47%Global bottom 38%News bottom 23% All 5 signals ▾Talentbottom 49% Fundingbottom 47% Globalbottom 38% Newsbottom 23% Marketbottom 19% Talent: 1 named leader on record · 1 C-suite/founder profile curated Funding: Raised $4.5M across 3 rounds · 3 rounds over 4 yrs (0.8/yr) rank vs industry peers · Fliar Intelligence Index 9/100 | $4M | 40 mo ago | — | — | 6 | Ho Alex Co-Founder | — |
| 35 | Crown World Bounty platform, multi-chain launchpad, and an NFT marketplace 21Talent bottom 45%Global bottom 36%Funding bottom 33% All 3 signals ▾Talentbottom 45% Globalbottom 36% Fundingbottom 33% Talent: 1 named leader on record Global: Investors from 1 country beyond India rank vs industry peers · Fliar Intelligence Index 21/100 | $2M | 35 mo ago | — | — | — | Anand Maurya CEO | — |
| 36 | Instadapp DeFi asset management platform that enables users to seamlessly manage, optimize, and automate their… 27Tech top 25%Funding top 48%Talent bottom 49%Global bottom 39% All 7 signals ▾Techtop 25% Fundingtop 48% Talentbottom 49% Globalbottom 39% Growthbottom 35% Marketbottom 27% Newsbottom 22% Tech: 38 technologies across 5/8 capability areas · Cloud: Amazon Ses, Amazon Web Services Funding: Raised $12.4M across 2 rounds · 2 rounds over 7 yrs (0.3/yr) rank vs industry peers · Fliar Intelligence Index 27/100 | $12M | 63 mo ago | — | — | 11 | Sowmay Jain Co-Founder & CEO | — |
| 37 | Unbound Decentralized treasury platform for liquidity pool tokens 22Funding bottom 49%Global bottom 48%Market bottom 39% All 3 signals ▾Fundingbottom 49% Globalbottom 48% Marketbottom 39% Funding: Raised $5.8M across 2 rounds · 2 rounds over 5 yrs (0.4/yr) Global: Investors from 9 countries beyond India rank vs industry peers · Fliar Intelligence Index 22/100 | $6M | 54 mo ago | — | — | 12 | — | — |
| 38 | Cruize Decentralized structured products protocol for volatile crypto assets | $500K | 31 mo ago | — | — | 5 | Samarth Zalte Co-Founder | — |
| 39 | SeeleN Blockchain platform that aims to spearhead development in the internet of value era through its consensus… | $12M | 98 mo ago | — | — | — | Nick Smith Co-Founder & COO | — |
| 40 | Polkarare Blockchain-based network for non-fungible tokens | $4M | 61 mo ago | — | — | 3 | Pramod Mahadik Founder & CEO | — |
| 41 | Bavala Cryptocurrency exchange platform | $5M | 81 mo ago | — | — | — | Adrian O CEO | — |
| 42 | Flippy Online investment and trading platform for cryptocurrency | $1M | 49 mo ago | — | — | 10 | Srinidhi Moodalagiri Co-Founder & CEO | — |
| 43 | Davos Cross-chain lending and borrowing platform | $500K | 40 mo ago | — | — | — | Julian Hayward Co-Founder and DeFi Business Development Lead | — |
| 44 | Hashstack Finance DeFi under-collateralised lending protocol | $1M | 51 mo ago | — | — | 17 | Vinay Kumar Founder | — |
| 45 | Polynomial Online platform offering DeFi platforms to enable trading in crypto futures and options | $1M | 55 mo ago | — | — | 6 | Salman Naseer Co-Founder | — |
| 46 | Idavoll Decentralized Autonomous Organization (DAO) management service provider | $2M | 63 mo ago | — | — | — | Abhilash Atmaram Co-Founder | — |
| 47 | CoinMint Online platform providing brokers for crypto trading | $500K | 44 mo ago | — | — | — | Archit Nanda Co-Founder & CEO | — |
| 48 | Cryption Exchange and liquidity solutions for cryptocurrency | $1M | 60 mo ago | — | — | 6 | — | — |
| 49 | NFT Alley Online trading platform for cryptocurrencies | $1M | 61 mo ago | — | — | 5 | Swapnasagar Pradhan Co-Founder | — |
| 50 | Minttr Online platform end-to-end software for businesses to offer crypto services | $587K | 51 mo ago | — | — | 2 | Gaurav Gupta Co-Founder | — |
Top 12 Cryptocurrencies companies in India
#1
CoinDCX 🦄Series D · Mumbai, Maharashtra · founded 2018 · 98 employees$246.7Mraised▾
CoinDCX 🦄
Series D · Mumbai, Maharashtra · founded 2018 · 98 employees
Cryptocurrency exchange and trading service provider. The platform enables users to buy, sell, and trade a broad range of digital assets using money with support for spot trading, margin and futures markets, and lending features. It offers fast KYC onboarding, seamless fiat conversion, and integrated products such as decentralized lending, staking, and an educational portal. Security protocols include proof-of-reserve audits and industry-standard infrastructure. The system delivers real-time analytics, trade automation tools, risk management dashboards, and multi-channel customer support.
Fliar Intelligence Index™ 78how this company ranks against its industry peers
Moat
top 17%Customers
top 20%Funding
top 21%Fin. health
top 29%Market
top 32%Tech
top 32%Moat: Top 1% by revenue among 87 tracked Cryptocurrencies companies · Editorial + unicorn rating 9/10 · Unicorn
Customers: Play-Store rating 4.44★ across 418,874 ratings (1 apps) · Review volume +3% in 6 mo · Marquee-customer mentions: top 17% of tracked companies
Funding: Raised $247M across 6 rounds · 6 rounds over 7 yrs (0.9/yr) · Last round Series D (Oct 2025)
Audience (LinkedIn): 112k LinkedIn followers — 29.7% of this cohort's audience
Activity (LinkedIn): 2 awards announced in 12 mo
Funding rounds
- Oct 2025Series D—
- Mar 2022Series D$135M
- Jun 2021Series C$90.2M
- Dec 2020Series B$13.9M
Founders & team
Investors
Polychain, Bain Capital Ventures, HDR Group, Block.one, Jump Capital, Uncorrelated Ventures
Tech stack
Amazon AlbAmazon S3Amazon SesAmazon Web ServicesApple Icloud MailCloudflare
#2
Seed · Gurugram, Haryana · founded 2024$500Kraised▾
Seed · Gurugram, Haryana · founded 2024
Provider of a non-custodial crypto wallet and debit card. It offers a self-custody wallet supporting multiple cryptocurrencies and a visa debit card for spending crypto globally. The platform facilitates crypto transactions, including sending, receiving, and swapping. It emphasizes user control over their funds and aims to simplify crypto usage. The debit card offers rewards and lower international transaction fees. Its app is available for Andriod and iOS users.
Fliar Intelligence Index™ 10how this company ranks against its industry peers
Growth
top 35%Talent
bottom 49%Tech
bottom 48%Product
bottom 45%Funding
bottom 39%Global
bottom 30%Growth: Fresh capital in last 24 mo
Talent: 1 named leader on record · 1 C-suite/founder profile curated
Tech: 21 technologies across 4/8 capability areas · Cloud: Cloudflare · Security: Cloudflare Bot Management, Hsts
Audience (LinkedIn): 5k LinkedIn followers
Hiring (LinkedIn): 1 hiring post in 12 mo (public) · hiring: Android Developer
Activity (LinkedIn): 1 product launches announced in 12 mo
Funding rounds
- Jun 2025Seed$500K
Founders & team
Tech stack
CdnjsCloudflareCloudflare Bot ManagementGoogle AnalyticsGoogle Font ApiGoogle Hosted Libraries
#3
Series C · Bengaluru, Karnataka · founded 2017 · 354 employees$301.5Mraised▾
Series C · Bengaluru, Karnataka · founded 2017 · 354 employees
Broker-based online crypto trading and exchange platform. It enables users to buy, sell, and trade a wide range of digital assets using Indian Rupees. It aggregates liquidity from multiple crypto exchanges to present competitive real-time pricing and unified portfolio management. Its services include spot trading, futures contracts with leverage, systematic investment plans, and automated trading bots suited for both novice and advanced users. It provides secure infrastructure, encryption protocols, and proof-of-reserve practices to enhance fund safety. Trading tools include limit orders, charting interfaces through integrations, and API access for automation workflows.
Fliar Intelligence Index™ 67how this company ranks against its industry peers
Moat
top 17%Tech
top 22%Customers
top 22%News
top 24%Market
top 25%Talent
top 28%Moat: Top 1% by revenue among 87 tracked Cryptocurrencies companies · Editorial + unicorn rating 9/10 · Unicorn
Tech: 30 technologies across 6/8 capability areas · Cloud: Cloudflare · Observability: Microsoft Clarity
Customers: Play-Store rating 4.38★ across 567,253 ratings (1 apps) · Review volume +4% in 6 mo · Marquee-customer mentions: top 17% of tracked companies
Audience (LinkedIn): 127k LinkedIn followers — 33.8% of this cohort's audience
Funding rounds
- Oct 2021Series C$260M
- Apr 2021Series B$25M
- Jan 2021Series A$15M
- Mar 2018Seed$1.5M
Founders & team
Investors
Tiger Global Management, Ribbit Capital, Paradigm, Peak XV Partners, Andreessen Horowitz, ventures.coinbase.com
Tech stack
AdjustApolloApple Icloud MailCart FunctionalityCloudflareCloudflare Bot Management
#4
Seed · Cuttack, Odisha · founded 2022 · 16 employees$1.5Mraised▾
Seed · Cuttack, Odisha · founded 2022 · 16 employees
Provider of cryptocurrency tax calculation and portfolio tracking software solutions. The platform offers tools for importing transaction history from various exchanges and blockchain wallets. It provides portfolio insights and generates tax reports. The platform supports multiple countries and aims to simplify cryptocurrency tax reporting for individuals, professionals, and enterprises.
Fliar Intelligence Index™ 50how this company ranks against its industry peers
Growth
top 21%Moat
top 32%Tech
top 36%Funding
top 50%Talent
bottom 49%Fin. health
bottom 43%Growth: Revenue +161% YoY · Fresh capital in last 24 mo
Moat: Top 23% by revenue among 87 tracked Cryptocurrencies companies · Editorial + unicorn rating 5/10
Tech: 35 technologies across 5/8 capability areas · Cloud: Cloudflare, Vercel · Observability: Microsoft Clarity, Sentry
Audience (LinkedIn): 30k LinkedIn followers — 7.9% of this cohort's audience
Activity (LinkedIn): 1 product launches · 1 partnerships (incl. ZebPay) announced in 12 mo
Funding rounds
- Oct 2024Seed$33.5K
- Jun 2022Seed$1.5M
Founders & team
Investors
GTMfund, The Rise Fund, Amplify Partners, Utsav Somani, Ratio, Kube VC
Tech stack
ActivecampaignCloudflareCloudflare Bot ManagementCookieyesCore-JsEmotion
#5
Seed · Bengaluru, Karnataka · founded 2022 · 20 employees$2Mraised▾
Seed · Bengaluru, Karnataka · founded 2022 · 20 employees
Provider of cryptocurrency and digital assets exchange platform. It offers a centralized crypto exchange that facilitates crypto trades by using its software to match and execute trades. It enables users to trade cryptocurrencies using services from crypto storage to trading, sending, receiving, and more.
Fliar Intelligence Index™ 22how this company ranks against its industry peers
Innovation
top 23%Product
top 45%Talent
bottom 49%Tech
bottom 48%Funding
bottom 37%Global
bottom 37%Innovation: 10 product lines · Deep-tech classification: Blockchain
Product: 10 distinct product lines · 1 published app (7.5k installs) · Company stage: Seed
Talent: 1 named leader on record · 1 C-suite/founder profile curated
Funding rounds
- Aug 2024Seed—
- Mar 2024Seed$2M
- Jan 2023Seed$32.5K
Founders & team
Investors
IBC Group, Roundtable, Aydton Ventures, MBT Ventures
Tech stack
Cart FunctionalityWordpressMysqlPhpBootstrapEssential Addons For Elementor
#6
Seed · Bengaluru, Karnataka · founded 2024$2Mraised▾
Seed · Bengaluru, Karnataka · founded 2024
Online platform for cryptocurrency trading. It allows users to find and trade a variety of coins on the on-chain orderbook.
Fliar Intelligence Index™ 57how this company ranks against its industry peers
Tech
top 33%Growth
top 45%Global
bottom 48%Talent
bottom 45%Funding
bottom 43%Tech: 27 technologies across 5/8 capability areas · Cloud: Cloudflare, Vercel · Observability: Datadog, Sentry
Growth: Web rank 500,000 → 5,000,000 YoY · Fresh capital in last 24 mo
Global: Investors from 2 countries beyond India
Funding rounds
- Jul 2024Seed$2M
Founders & team
Investors
Electric Capital, Brevan Howard, CMS Holdings, CoinSwitch
Tech stack
CloudflareCloudflare Bot ManagementCloudflare Browser InsightsDatadogEthersGoogle Analytics
#7
Funding Raised · Bengaluru, Karnataka · founded 2023$9Mraised▾
Funding Raised · Bengaluru, Karnataka · founded 2023
DAO-based cryptocurrency staking platform. It offers liquid restaking services with rsETH. It allows users to access restaking rewards along with liquidity without any lock-up for restaked tokens. Users can restake digital assets, mint rsETH, and earn rewards through the liquid restaking dashboard.
Fliar Intelligence Index™ 42how this company ranks against its industry peers
Talent
top 38%Funding
top 42%Market
bottom 47%Global
bottom 38%Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Funding: Raised $9.0M across 1 rounds · 1 rounds over 2 yrs (0.5/yr) · Last round ICO (May 2024)
Funding rounds
- May 2024ICO$9M
Founders & team
Investors
Bankless Ventures, Hypersphere Ventures, Draper Dragon, Digital Asset Capital Management, Cypher Capital, GSR Ventures
#8
Seed · Bengaluru, Karnataka · founded 2021 · 7 employees$61.4Kraised▾
Seed · Bengaluru, Karnataka · founded 2021 · 7 employees
App-based trading platform for cryptocurrencies. It offers an online platform for investment in cryptocurrency. It allows users to deposit, withdraw, and trade anytime. The app is available for Android and iOS users.
Fliar Intelligence Index™ 53how this company ranks against its industry peers
Growth
top 18%Fin. health
top 36%Tech
top 38%Talent
top 38%Moat
top 50%Product
bottom 40%Growth: Revenue +102% YoY · Fresh capital in last 24 mo
Fin. health: Revenue ~$218k (FY2025) · Net margin 35.3% · Revenue +102% YoY
Tech: 23 technologies across 5/8 capability areas · Cloud: Amazon Cloudfront, Amazon S3 · Devops: Nginx
Audience (LinkedIn): 7k LinkedIn followers
Activity (LinkedIn): 1 product launches announced in 12 mo
Funding rounds
- Jul 2025Angel$30.3K
- Aug 2022Seed—
- Feb 2022Angel$31.1K
Founders & team
Investors
Amesten Capital
Tech stack
Amazon CloudfrontAmazon S3Amazon Web ServicesCloudinaryEmotionGoogle Analytics
#9
Series A · Bengaluru, Karnataka · founded 2021$16.5Mraised▾
Series A · Bengaluru, Karnataka · founded 2021
Decentralized order-book exchange platform for traders, institutions, and exchanges. It provides a self-custodial liquidity network for traders, institutions, and exchanges.
Fliar Intelligence Index™ 27how this company ranks against its industry peers
Talent
top 28%Funding
top 39%Global
bottom 45%Tech
bottom 41%Market
bottom 25%Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
Funding: Raised $16.5M across 1 rounds · 1 rounds over 3 yrs (0.3/yr) · Last round Series A (Sep 2023)
Global: Legal entities in 2 countries: Singapore, United Kingdom · Investors from 4 countries beyond India
Funding rounds
- Sep 2023Series A$16.5M
Founders & team
Investors
Pantera Capital, Elevation Capital, StarkWare, Spartan Group, Goodwater Capital, Upsparks Capital
#10
Funding Raised · Bengaluru, Karnataka · founded 2021 · 76 employees$87.2Mraised▾
Funding Raised · Bengaluru, Karnataka · founded 2021 · 76 employees
Crypto-based social media platform. It enables creators to create content and publish it on the platform. Users can convert the content into NFTs enabling tips from the fans. It features Crypto rewards for creators and fans, earnings on engagement, AR-based filters, and more. The application is available on Android and iOS platforms.
Fliar Intelligence Index™ 27how this company ranks against its industry peers
Moat
top 20%Talent
top 38%Market
top 39%Funding
top 39%Global
bottom 45%Fin. health
bottom 32%Moat: Top 4% by revenue among 226 tracked Social Platforms companies · Editorial + unicorn rating 5/10
Talent: 2 named leaders on record · 2 C-suite/founder profiles curated
Market: 76 employees (top 15% of Blockchain Technology) · Revenue ~$5.3M · ~1% of tracked Social Platforms revenue (226 cos, FY2025)
Funding rounds
- Jan 2022ICO$87.2M
Founders & team
Investors
Blume Venture, FJ Labs, Orthogonal Thinker, Village Global, Wellfound, Republic Capital
Tech stack
Core-JsElementorGodaddyGoogle WorkspaceHello ElementorJquery
#11
Acquired · Delhi, Delhi · founded 2021 · 15 employees$6.7Mraised▾
Acquired · Delhi, Delhi · founded 2021 · 15 employees
Blockchain-based network for Defi applications in the finance industry. It enables users to access risk-managed, cross-chain strategies for sustainable yield. It offers composability with multiple protocols across chains in a single flow to deliver a superior diversified yield.
Fliar Intelligence Index™ 27how this company ranks against its industry peers
Talent
top 28%Funding
top 42%Moat
top 48%Tech
bottom 39%Global
bottom 38%Market
bottom 36%Talent: 3 named leaders on record · 3 C-suite/founder profiles curated
Funding: Raised $6.7M across 2 rounds · 2 rounds over 4 yrs (0.5/yr) · Last round Seed (Dec 2023)
Moat: Editorial + unicorn rating 4/10 · 9 curated direct competitors tracked
Audience (LinkedIn): 9k LinkedIn followers — 2.3% of this cohort's audience
Activity (LinkedIn): 1 product launches announced in 12 mo
Funding rounds
- Dec 2023Seed$2.5M
- Feb 2022Seed$4.2M
Founders & team
Investors
Greenfield Capital, Bitscale Capital, Framework Ventures, Maven 11, Safe Ecosystem Foundation, Zee Prime Capital
Tech stack
CloudflareCloudflare Browser InsightsFramer SitesGoogle Font ApiGoogle WorkspaceHsts
#12
Deadpooled · Bengaluru, Karnataka · founded 2021 · 75 employees$21Mraised▾
Deadpooled · Bengaluru, Karnataka · founded 2021 · 75 employees
Online platform for cryptocurrency exchange. The company offers a platform to buy and sell crypto. It allows users to build a crypto portfolio and explore assets. The App is available for Android and iOS users.
Fliar Intelligence Index™ 67how this company ranks against its industry peers
Customers
top 22%Market
top 33%Funding
top 37%Product
bottom 48%Global
bottom 43%Customers: App rating 4.3★ (5,262 reviews)
Market: 75 employees (top 16% of Blockchain Technology)
Funding: Raised $21.0M across 2 rounds · 2 rounds over 4 yrs (0.5/yr) · Last round Series A (Oct 2022)
Funding rounds
- Oct 2022Series A$18M
- Jan 2022Seed$3M
Investors
Accel, Quona, Elevation Capital, Jump Capital
Funding & investor landscape
$894.4Mtotal disclosed funding
71companies funded
115disclosed rounds
0rounds last 90 days
Most active investors
Notable founders
Neeraj Khandelwal
Co-Founder · CoinDCX
Sumit Gupta
Co-Founder & CEO · CoinDCX
Kumar Tyagi
Founder & CEO · PlutoPe
Sagar Tiwari
Co-Founder · CoinSwitch
Govind Soni
Co-Founder · CoinSwitch
Punit Agarwal
Founder · KoinX
Anurag Jha
Co-Founder · Nomoex
Fravashi
Co-Founder & CEO · Kuru
Dheeraj Borra
Co-Founder · Kelp DAO
Amitej Gajjala
Co-Founder · Kelp DAO
Shuja Hussain
Co-Founder & COO · Carret
Neha Kumari
Co-Founder & CEO · Carret
Prism market signals · India · country-scoped Prism corpus, 5,993,095 docs
Market landscape — 10 sub-themes by coverage
Share of Cryptocurrencies coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
RESEARCH SIGNALS · India
How research on Cryptocurrency is moving in India
A read on the academic research around Cryptocurrency — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 2,565 India-affiliated papers.
research sentiment over time
201520212026
enthusiastic · positive · guarded tone
Tone is overwhelmingly optimistic and intensifying — the enthusiastic (strongly-positive) share moved 25% → 33% across 2015–2026.
top research entities
- Amity University71
- SRM Institute of Science and Technology68
- Graphic Era University63
- Vellore Institute of Technology University62
- Lovely Professional University62
leading researchers
Sudeep Tanwar · Amit Kumar · Aviral Kumar Tiwari · Nrusingha Tripathy · Anita Gehlot · Vinod Kumar · D. G. Narayan · Neha Sharma
▲
Breakthroughs457 · 18%
▼ 25%→18% share
▼0.7× share momentum0 median citations85% since 2021mostly methods-led
Smart contract and scalability research newly emerged, signaling Indian institutions pushing blockchain beyond basic transaction studies.
rising sub-themes (early→recent)
- Blockchain2→161
- Computer security8→117
- Database transaction4→94
- Transparency (behavior)1→47
- Payment2→45
Newly emergingScalability 0→28 · Smart contract 0→24 · Distributed ledger 0→20
Landmark ZEUS: Analyzing Safety of Smart Contracts · 699 cites
◆
Advancements759 · 30%
▲ 14%→31% share
▲2.2× share momentum1 median citations90% since 2021mostly methods-led
Econometrics and volatility finance sub-topics newly emerged, reflecting intensifying quantitative analysis of digital currency markets.
rising sub-themes (early→recent)
- Blockchain1→215
- Computer security2→207
- Database transaction2→109
- Digital currency5→90
- Payment4→85
Newly emergingEconometrics 0→75 · Volatility (finance) 0→53 · Transparency (behavior) 0→50
Landmark Initial Coin Offerings: Financing Growth with Cryptocurrency Token Sales · 484 cites
▼
Concerns699 · 27%
▼ 50%→26% share
▼0.5× share momentum0 median citations83% since 2021mostly empirical
Money laundering research newly emerged while digital currency concern papers rose 11->146, flagging escalating regulatory risk focus.
rising sub-themes (early→recent)
- Blockchain1→165
- Computer security7→167
- Digital currency11→146
- Payment5→87
- Database transaction8→79
Newly emergingFinancial services 0→39 · Money laundering 0→38 · FinTech 0→36
Landmark A Survey on Security and Privacy Issues of Bitcoin · 1,053 cites
RESEARCH HOTSPOTS · India
Where cryptocurrency is researched across India
Location clusters by institution affiliation — each city's volume, stance tone, and a quick read on its hot topic, what's advancing, the opening opportunity, and the main concern.
Delhi-NCR167 · +0.22
Chennai123 · +0.42
Pune71 · +0.29
Hyderabad42 · +0.43
Bengaluru37 · +0.47
Kolkata20 · +0.12
Mumbai16 · +0.50
Kanpur14 · +0.44
Roorkee9 · +0.13
Kharagpur6 · +0.30
PATENT SIGNAL · India
Who's filing cryptocurrency patents in India
India cryptocurrency patent filing is accelerating — 32 filings from 36 assignees (2016–2025), led by Baratam Praveen, Tata Consultancy Services, Parikh Jignashu; annual filings 1→9.
32 filings36 assigneespeak 9/yr2016–2025
filing momentum (YoY 2016–2025)
top patent filers
- Baratam Praveen14
- Tata Consultancy Services6
- Parikh Jignashu3
- Yahoo3
- Infosys2
- Gunderia Mihir1
- Vishwakarma Institute Of Technol1
- Kavya N P1
Common questions
How many Cryptocurrencies companies are there in India?
Radar tracks 457 indexable Cryptocurrencies companies headquartered in India, India, that meet our profile-completeness bar.
What is the total funding raised by Cryptocurrencies companies in India?
The Cryptocurrencies companies in India on this list have raised a combined $894.4M in disclosed equity funding across 71 funded companies.
Which is the highest-funded Cryptocurrencies company in India?
CoinSwitch is the highest-funded Cryptocurrencies company in India, with $301.5M in disclosed equity funding.
How many Cryptocurrencies companies in India are funded?
71 of the 457 Cryptocurrencies companies in India on this list have disclosed at least one equity funding round.
How many Cryptocurrencies unicorns are there in India?
2 Cryptocurrencies companies in India on this list are valued at $1B or more.
Who are the top investors in India Cryptocurrencies companies?
The most active investors in India Cryptocurrencies companies on this list include Coinbase, Pantera Capital, Amesten Capital, Better Capital, Magnus Capital.
Riya SenguptaFinancials
Riya reads income statements for fun. She covers the real money in a sector — revenue, growth, who actually earns — and never met a vague claim she didn't want a number for.