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Coindcx

Can an Indian crypto exchange become the primary Web3 financial infrastructure for retail and institutional investors in India and emerging markets?

Founded2018
HQMumbai, Maharashtra, India
Total raised$247.0M
IndustryFintech / Crypto
The story

Founded in 2018 as an Indian crypto exchange, CoinDCX grew to become one of India's largest crypto trading platforms, claiming over 2 crore (20 million) registered users. The company expanded from pure spot trading into margin trading, futures, lending (DCXlend), and yield products (Simple Earn, Advanced Earn). CoinDCX has raised $247M in total funding and operates internationally via its Singapore entity (Primestack Pte. Ltd.) while maintaining an Indian subsidiary (Neblio Technologies). It holds SOC2 and ISO:27001 certifications and emphasizes KYC/AML compliance.

Last 12 months
Product timeline
2018
CoinDCX founded as a crypto trading exchange in India, operating under Primestack Pte. Ltd. / Neblio Technologies Private Limited.· pivot
2019
Launched DCXlend, a crypto-lending platform supporting BTC, ETH, XRP, BNB, and USDT.· lending
2023
Launched Advanced Earn product, a lock-in crypto investment/yield platform for users.· banking
The stack
Lending
DCXlend (crypto lending — up to 2% interest on BTC holdings)Advanced Earn (crypto yield/lock-in investment product)Simple Earn (crypto yield product)
Accounting gap: none