CoinSwitch Kuber turns unicorn with $1.9 bn valuation

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The Bengaluru-based startup, Crypto platform CoinSwitch Kuber announced that after onboarding 1 crore users on its platform and garnering $260-million Series C funding from Andreessen Horowitz (a16z) and Coinbase Ventures, it is now valued at $1.9bn.

CoinSwitch Kuber turns unicorn with $1.9 bn valuation.

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    Number of Unicorns in the USA and China is at 396 and 277 respectively while India follows at number three with 51 unicorns. UK is number 4 position with 32 unicorns and Germany at 5th spot with 18. The Hurun Research Institute released the report ,Hurun India Future Unicorn List 2021, and ranked of India’s start-ups founded in the 2000s, worth at least $200mn, not yet listed on a public exchange and most likely to ‘go unicorn’ within 2 years (Gazelles) or 4 years (Cheetahs). India is the third-largest unicorn ecosystem in the world with 51 startups that are valued at $1 billion or above. The USA is the world's largest unicorn ecosystem with 396 unicorns, followed by China with 277 unicorns. Over the last year, India added three unicorns every month on an average, Hurun said. India’s future unicorns are worth $36 billion, which is equivalent to one-third of Delhi’s GDP at current prices.



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    Watch the full film 'SAMARPAN' online on
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    - ASHI, Haryana's website - https://ashi-haryana.org/

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    - ASHI, Haryana's website - https://ashi-haryana.org/

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    Surinder Singh
    - Subtitles: Diveeja Sharma

    For Pinaka Mediaworks LLP (India)

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