CoinDCX

0 standards supported

Key details

Parent: Sumit Gupta and Neeraj Khandelwal
Launch: 2018

Overview

CoinDCX is one of India's largest cryptocurrency exchanges and the country's first crypto unicorn, offering spot trading, an app-based simple buy/sell experience and crypto investing products for Indian users [1, 2, in-cro]. It positions itself as a compliance-focused, KYC-first platform under India's evolving crypto rules.

History

2018 — CoinDCX founded in Mumbai by Sumit Gupta and Neeraj Khandelwal. 2020 — launches CoinDCX Go, a simplified app to onboard mainstream Indian retail users into crypto. 2021 — raises a Series C reaching unicorn status, becoming India's first crypto unicorn, backed by Facebook Co-founder-linked and global crypto investors. 2022–2023 — registers with FIU-IND and emphasizes compliance amid India's 1% TDS and 30% crypto tax regime. 2024–2025 — handles a security incident on a partner-account wallet and continues expanding products while remaining a top Indian exchange.

Ownership & operator

Operating entity: Neblio Technologies Pvt Ltd (Mumbai, India). Major shareholders: founders Sumit Gupta and Neeraj Khandelwal, plus investors including Pantera Capital, Coinbase Ventures, B Capital Group, Polychain and others. Regulators: India's Financial Intelligence Unit (FIU-IND) under the PMLA; no dedicated Indian crypto regulator.

Technical integration

Mobile and web apps (including CoinDCX and CoinDCX Go) with a trading API. Supports BTC, ETH and a large token roster via crypto deposit addresses, with INR funding via bank and UPI rails subject to India's TDS and crypto tax regime.

Implementations & partners

Major competitors: [[wazirx]] (Indian exchange) + [[binance]] (global exchange) + [[coinbase]] (global exchange).

Status

Active, a leading FIU-registered Indian exchange and the country's first crypto unicorn [1, 2].

Sources

1 CoinDCX — official
2 CoinDCX — Wikipedia
in-cro In-corpus: reports/countries/IN-india.md

Source

Biography extracted from coindcx.md. See matrix.md for standards-support matrix if present.