IDG Ventures and Axilor Ventures partner to fund frontier tech startups

L to R: Kris Gopalakrishnan, Chairman, Axilor Ventures and Sudhir Sethi, Chairman, IDG Ventures IndiaIndia-focused technology venture capital fund IDG Ventures India and Bangalore-based startup accelerator Axilor Ventures have come together to launch a programme to discover and fund early-stage startups in frontier tech sectors, the company said in a statement. Christened the Frontier Tech Innovators Programme, it will fund startups looking to raise seed or pre-Series A round […]

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Bitcoin startups come together to regulate India’s cryptocurrency market

For-Dalmia-Cement-Story_ThinkstockPhotos-532169709Bitcoin startups Zebpay, Unocoin, Coinsecure and SearchTrade have come together to form Digital Asset and Blockchain Foundation of India (DABFI) for the “orderly and transparent growth of the virtual currency market.” A panel comprising Zebpay founders Saurabh Agrawal and Sandeep Goenka, Coinsecure founder and CEO Mohit Kalra, Unocoin CEO Sathvik Vishwanath and SearchTrade CEO Vishal […]

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Bitcoin startups come together to regulate India’s cryptocurrency market

For-Dalmia-Cement-Story_ThinkstockPhotos-532169709Bitcoin startups Zebpay, Unocoin, Coinsecure and SearchTrade have come together to form Digital Asset and Blockchain Foundation of India (DABFI) for the “orderly and transparent growth of the virtual currency market.” A panel comprising Zebpay founders Saurabh Agrawal and Sandeep Goenka, Coinsecure founder and CEO Mohit Kalra, Unocoin CEO Sathvik Vishwanath and SearchTrade CEO Vishal […]

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Exclusive: Bitcoin startup Zebpay in talks to raise funds

FundZebpay, a bitcoin exchange platform and mobile wallet, is in talks to raise $3 million (Rs 20 crore) to upgrade its servers and enhance its security in order to handle large trade volumes. US-based Pantera Capital, a bitcoin investment firm, will be part of the funding round but it will be led by an India-based […]

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Weekly startup funding tracker: Non-metro firms steal the show

startup funding trackerThe week gone by saw eight startups being funded, of which three are based in non-metros, including Jaipur, Indore and Ahmedabad. Interestingly, possibly only for the second time, an Indian bitcoin exchange—Bengaluru-based Unocoin Technologies—received startup funding. Unocoin pocketed $1.5 million in a pre-Series A round led by Blume Ventures. Indore’s outstation taxi marketplace InstaCar raised […]

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Bitcoin startup Unocoin raises $1.5 mn from Blume Ventures, others

UnocoinBitcoin exchange Unocoin has raised $1.5 million (Rs 10 crore) in a pre-Series A funding round led by early-stage investor Blume Ventures. Mumbai Angels, ah! Ventures and international investors such as Digital Currency Group, Boost VC, Bank to the Future and FundersClub also invested in this round, the startup said in a statement. “It’s no […]

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ZebPay’s Sandeep Goenka on what makes bitcoins so popular

Sandeep-GoenkaBitcoins are increasingly being used for online transactions. In India, too, there is a surge of interest for this virtual currency which knows no borders or central bank. In 2014, Sandeep Goenka, Saurabh Agrawal and Mahin Gupta came together to start ZebPay, an app-based bitcoin platform for users in India. Customers can not only buy […]

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