Indian crypto exchange CoinSwitch Kuber has raised $15 million in Series A funding led by Ribbit Capital and Paradigm. CoinSwitch said this is the first crypto-related investment of Ribbit Capital in India and Paradigm's first in the country in general. The Series A also saw participation from CoinSwitch's existing investor Sequoia Capital India and angel investor Kunal Shah, the founder of Indian credit card management startup CRED. The funding would go towards expanding its product, security, compliance, and tech capabilities.

By Amy Liu