CoinDCX Ventures

What CoinDCX Ventures does

CoinDCX Ventures is the early-stage global venture capital arm of CoinDCX, India's largest and first crypto unicorn, launched in 2024 to invest in Web3, blockchain, and distributed ledger technology (DLT) startups. The fund operates with a global mandate while earmarking 30-40% of its portfolio to Indian companies, leveraging the parent exchange's 2 Cr+ registered user base, regulatory standing, and distribution rails as a strategic value-add for portfolio founders. The team is led by Managing Partner Rohit Jain alongside CoinDCX CEO Sumit Gupta and Co-founder Neeraj Khandelwal (both IIT Bombay alumni), and the fund has already deployed into 16+ portfolio companies spanning infrastructure (Spheron, Router, Space and Time, Liminal), DeFi (Syndr, Orderly), gaming and consumer (Taki Games, MetaEngine, Unstoppable Domains, Busha, STAN, Zulu), and security (Veridise).

The underlying parent platform that powers the Ventures ecosystem is a comprehensive crypto investment stack: a retail-facing mobile app and web platform (CoinDCX App, CoinDCX Pro) supporting spot trading across 500+ cryptos, futures with up to 100x leverage, options with ₹0 brokerage up to 1M USDT, US stock futures, margin trading, and an Earn yield product. The exchange is the first FIU-registered crypto exchange in India, ISO 27001:2022 and ISO 27701:2019 certified, and operates an INR 50 Crore Crypto Investors Protection Fund (CIPF) funded by 2% of brokerage income. Enterprise and institutional clients are served through CoinDCX Prime (HNIs, family offices, institutional investors with 100+ institutions, 3,000+ HNIs, and 50 family offices on the platform), an OTC desk for trades $15,000+ USDT, and a public API used by ~2,000 algorithmic traders and institutions across 989 INR/crypto markets.

The business model is transaction-fee driven at the parent level: tiered maker/taker fees (spot 0.03%-0.50%, futures 0.007%-0.05%) scaled across 7 VIP levels based on 30-day trading volume, plus 0.1% OTC fees, margin interest at 0.0028% per hour, withdrawal fees, and affiliate commissions (20% futures / 30% spot). Quarterly trading volumes reached ₹2.43L Cr+ in Q4 FY24-25 with $2.9B+ in 30-day futures volume. The parent is private, backed by Coinbase Ventures, Polychain Capital, Pantera, Bain Capital Ventures, B Capital, Steadview, Jump Capital, and Kingsway, and headquartered in Bengaluru with 501-1,000 employees — providing the brand, capital, and operational backing that anchors CoinDCX Ventures' deal-flow and value proposition.

Name

CoinDCX Ventures

Legal name

Primestack Pte. Ltd.

Website

https://coindcx.com

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

501–1,000 employees

Ownership category

akta.pro rank

Product category

Cryptocurrency Exchange

NAICS

Securities and Commodity Exchanges (52321), Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Finance Services (6199)

akta.pro primary industry

Crypto Custody & Exchange Wallet Services (Integrated) (FSADAAAG)

akta.pro secondary industries

Centralized Crypto Lending Platforms (CeFi) (FSADAFAA), Crypto Borrowing & Margin Credit Facilities (FSADAFAC), Crypto Payments & Stablecoin Settlement Platforms (BPAMAFAL)

Keywords

• Crypto venture capital
• Cryptocurrency exchange platform
• Web3 startup funding
• Blockchain investment fund
• Digital asset trading

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure, Others

Revenue model

1. Trading Fees (Spot): Transaction fees on spot trading determined by VIP level. Regular users pay 0.5% maker/0.17% taker, VIP 7 users pay 0.03%/0.030%. Fees updated weekly based on 30-day trading volume.
2. Futures Trading Fees: USDT-M futures maker/taker fees range from 0.02%/0.05% (Regular) to 0.007%/0.030% (VIP 7). INR-M futures 0.02% maker/0.05% taker.
3. Options Trading Fees: Zero brokerage on crypto options up to 1M USDT notional volume via daily fee refunds. Maker/taker at 0.01% each, delivery fees for BTC/ETH at 0.0127%.
4. OTC Trading Fees: 0.1% of total transaction amount for OTC desk trades. TDS at 1% applicable on sell orders.
5. Withdrawal Fees: Fees charged on crypto and INR withdrawals, adjusted according to blockchain conditions.
6. Margin Interest: Interest on margin positions at 0.0028% per hour (no interest for first hour) for leverage trading.
7. Crypto Investors Protection Fund: 2% of brokerage income contributed to CIPF corpus for user asset protection.

Pricing tiers

Go-to-market motion5 records

Distribution channels7 records

Marketing channels9 records

Core offering

CoinDCX Ventures is an early-stage global crypto venture capital fund investing in web3 and blockchain startups building in the DLT space, including DeFi, gaming, infrastructure, and data companies. The parent platform, CoinDCX, operates India's largest cryptocurrency exchange offering spot, futures, options, margin, and Earn products across 500+ cryptos with INR-based settlement, institutional services via CoinDCX Prime and OTC desk, and an algorithmic trading API serving 2 Cr+ registered users.

Product overview

CoinDCX is a comprehensive crypto investment platform operating as a platform-plus-modules architecture. The core product is the CoinDCX App (simple investing for beginners) complemented by CoinDCX Pro (advanced trading with TradingView charts) and the CoinDCX API (B2B solution for algo traders and institutions). The trading suite spans Spot/Coin Trading (500+ cryptos, INR pairs), Crypto Futures (up to 100x leverage, INR-M and USDT-M), Crypto Options (₹0 brokerage, BTC/ETH/SOL), US Stock Futures (up to 25x leverage), and Margin Trading (up to 6x). Passive income is enabled via Earn products. Enterprise and institutional clients are served through CoinDCX Prime (tailored HNI/institutional solutions), the OTC Desk (large trades $15K+), and CoinDCX Ventures (web3 VC fund). The platform also provides educational content via DCX Learn, community engagement through Maxis and Namaste Web3 programs, and investor protection via the INR 50 Cr CIPF. All offerings are backed by FIU registration, ISO 27001:2022 certification, and 24/7 INR deposits/withdrawals.

Differentiator

Problem solved

Functional benefit

Products and services

• CoinDCX Ventures Early-stage global crypto venture capital fund investing in web3 and blockchain startups building in the DLT space. Backed by the vantage point of India's leading crypto exchange.
• CoinDCX App Primary mobile and web crypto investment application enabling users to buy, sell, and trade over 500 cryptocurrencies with INR. Serves both beginners and experienced traders with a user-friendly interface, spot trading, Earn products, and 24/7 access.
• CoinDCX Pro

Quantifiable outcome

• 2 Cr+ registered users trusting CoinDCX for crypto investment
• +4 more outcomes

Named customers6 records

Segments6 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability4 records

Feature5 records

Partnerships

Five partnerships are on record, tiered core and minor.

• TradingViewcoreTechnology or IntegrationCoinDCX partnered with TradingView for charting solutions, providing users with comprehensive charting experience and valuable market insights to track crypto trends like BTC charts.
• OktocoreTechnology or IntegrationOkto is CoinDCX's integrated DeFi Web3 wallet enabling users to access Web3 opportunities directly from the platform.
• BitOasisminorChannel Partner/ Reseller/ DistributorBitOasis is CoinDCX's partner exchange in UAE, enabling regional expansion and serving as a regional partner exchange.
• UnfoldminorGTM or Marketing PartnerUnfold is India's largest Web3 event co-organized/sponsored by CoinDCX as a community event initiative.
• CoinDCX Ventures Portfolio CompaniesminorStrategic or Co-development PartnerCoinDCX Ventures has invested in 16+ web3/blockchain startups including Spheron (distributed computing), Syndr (synthetic assets), Liminal (custody), Push (notifications), Router (cross-chain), Space and Time (data warehouse), and others.

Scale indicators15 records

Recent moves6 records

Expansion highlights7 records

Direct peers

• WazirX: One of India's largest crypto exchanges offering spot trading, P2P transfers, and INR deposits/withdrawals. Direct competitor to CoinDCX in the Indian retail and institutional crypto market with similar INR-native product suite.
• ZebPay: One of India's oldest and most established crypto exchanges, offering spot trading and INR on/off-ramps. Competes directly with CoinDCX for retail Indian crypto investors with regulatory compliance positioning.
• CoinSwitch: Indian crypto aggregator and exchange serving millions of retail users with INR-based crypto buying/selling. Directly comparable to CoinDCX in product scope and Indian retail focus.

Broad incumbents

• Coinbase: Largest publicly listed US crypto exchange with broad spot, derivatives, and institutional offerings. Comparable to CoinDCX as a regulated, multi-product exchange; also a strategic investor in CoinDCX.
• Binance: Global crypto exchange with the largest spot and derivatives volume worldwide. Comparable to CoinDCX in product breadth (spot, futures, options, earn) and operates as a direct competitor in markets where regulation permits overlap.
• Kraken: Established US-based crypto exchange with spot, futures, and staking. Comparable to CoinDCX in regulatory-compliance positioning, product breadth, and focus on serving both retail and institutional clients.
• OKX: Global crypto exchange offering spot, derivatives, and Web3 wallet. Comparable to CoinDCX's full-stack exchange-plus-wallet product model and its focus on derivatives traders via API.
• Bybit: Global derivatives-focused crypto exchange. Comparable to CoinDCX Futures in offering up to 100x leverage perpetual contracts, copy trading, and API access for algorithmic traders.
• KuCoin: Global crypto exchange with broad altcoin listings and derivatives. Comparable to CoinDCX's listing breadth (500+ assets) and its appeal to retail traders seeking diverse crypto exposure.

Regional players

• BitOasis: MENA-region crypto exchange explicitly listed as CoinDCX's regional partner exchange for UAE expansion. Comparable in product offering (spot, brokerage) but operates in a different geography than CoinDCX.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/coindcx
• YouTubeyoutube.com/@CoinDCX
• LinkedInlinkedin.com/company/coindcx
• Instagraminstagram.com/coindcxofficial

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments20 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CoinDCX Ventures