Draper Associates is backing the round for the Bangalore-based cryptocurrency exchange, with $3.5 million raised so far.
India is developing an appetite for crypto derivatives, even as the country's Supreme Court continues to deliberate over the future of the exchange industry.
Police in the Indian city of Bangalore have seized an ATM just weeks after it was set up by crypto exchange Unocoin.
Indian regulators' clampdown on crypto firms is forcing exchange Unocoin to experiment with ATMs and stablecoins to continue receiving fiat deposits.
Blockchain, the provider of the world's most popular bitcoin wallet, has partnered with Indian cryptocurrency exchange Unocoin.
Users of Unocoin reported that their funds had been stolen over the weekend, prompting the India-based bitcoin exchange to temporarily close.
Indian bitcoin exchange Unocoin has launched a new mobile wallet app.
Indian bitcoin exchange startup Uncoin has raised $1.5m in a new funding round.
California incubator Boost VC recently saw five blockchain startups graduate from its program as part of its Tribe 6 class of companies.
An interactive timeline providing a detailed history of bitcoin-related events in India to date.
Bangalore-based bitcoin exchange and merchant processor Unocoin is the latest investment for Barry Silbert's Bitcoin Opportunity Corp.
Decentralized payment systems like bitcoin could influence financial innovation in India – whether the government likes it or not.
Bitcoin and other digital currencies are slowly becoming popular in India's big business and technological hubs.
The Bangalore-based exchange, which launched in December, is back online after a short-term voluntary shutdown.
Indian authorities have carried out the first bitcoin raid in the country, targeting buysellbitco.in's offices in Ahmedabad.