Tiger Global acquisition of equity stake in Coinswitch Kuber acted on by AZB & Partners
Tiger Global acquisition of equity stake in Coinswitch Kuber acted on by AZB & Partners Coinswitch Kuber – an Indian crypto platform operated by Chain Labs Pte. Ltd. has raised $25 million (approx. Rs. 1.86 billion) in a Series B equity funding round from Internet Fund VI Pte Ltd., a fund managed by Tiger Global Management (Tiger Global). Coinswitch was founded by Ashish Singhal,...
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Tiger Global acquisition of equity stake in Coinswitch Kuber acted on by AZB & Partners
Coinswitch Kuber – an Indian crypto platform operated by Chain Labs Pte. Ltd. has raised $25 million (approx. Rs. 1.86 billion) in a Series B equity funding round from Internet Fund VI Pte Ltd., a fund managed by Tiger Global Management (Tiger Global).
Coinswitch was founded by Ashish Singhal, Govind Soni and Vimal Sagar Tiwari as a global aggregator of cryptocurrency exchanges. CoinSwitch Kuber was launched in June 2020 – an India exclusive crypto platform aimed at simplifying crypto investments for Indian retail investors.
Tiger Global Management, LLC is an American investment firm. It mainly focuses on internet, software, consumer, and financial technology industries. This is Tiger Global's first investment in an Indian cryptocurrency company.
AZB & Partners advised the Tiger Global in the funding round. The team comprised of Partners – Ashwath Rau and Srinath Dasari.
