Founded in 2013, Unocoin is a Bangalore-based tech startup and the first in India to enter the Bitcoin industry. The company operates the largest (among the Indian customer base) BTC-INR trading platform in India, enabling Indians to buy, sell, store, use and accept Bitcoin. At its peak, Unocoin processed transactions worth over INR 2B per month for its 1,300,000 + customers. In less than 4 years since its inception, the company has attracted over 30 top investors from 5 countries. Unocoin is responsible for industry-leading innovations such as the Bitcoin System Purchase Program (SBP), crypto lending, crypto interest earning, the Bitcoin point of sales (POS) app, and Bitcoin over the counter (OTC). The company has also launched the Unocoin Exchange, which allows its users to exchange INR and other listed crypto assets such as BTC, LTC, XRP, ETH, BCH, BTG, various ERC20 tokens between other users. The startup was ranked in the top 20 of the Fintech20: India list and has won such prestigious titles as the project's "Golden Saber Award", "Bit-by-Bit: Building Bitcoin in India", and YourStory's "TECH30" award. Unocoin has raised over $5 million in Pre-A and Series A funding. Funding has come from well-known Indian entities such as Blume Ventures, Mumbai Angels and ah! Ventures, along with well-known international investors such as Draper Associates, Tano Capital, XBTO Ventures, Digital Currency Group, Boost VC, Bank to the Future, Bitcoin Capital, Digital Finance Group, Dream Incubators and FundersClub, to achieve its vision of making money simple faster through its mission to bring Bitcoin to billions.
