News > Andreessen Horowitz takes maiden India bet on CoinSwitch Kuber

Andreessen Horowitz takes maiden India bet on CoinSwitch Kuber

Economic Times | 06/10/2021 04:06 PM | Click to read full article

CoinSwitch Kuber, a cryptocurrency platform for retail traders, has raised $260 million in what is the largest funding round by any crypto company in India. The fundraising was co-led by Silicon Valley-based venture fund Andreessen Horowitz and Coinbase Ventures, the corporate venture arm of Nasdaq-listed Coinbase Inc.

While Andreessen Horowitz has pitched in $80 million, Coinbase Ventures has invested $150 million in the current round.