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Indian crypto exchange Unocoin raises funds from Tesla backer Draper Associates

Shortpedia

Content Team
Image Credit: inc42

Bengaluru-based cryptocurrency exchange Unocoin has raised an undisclosed amount in funding from US-based venture capitalist Tim Draper’s Draper Associates. XBTO Ventures and 2020 Ventures, veteran investors in the digital asset industry have also participated in the funding round. The company believes that the latest round of funding will help it bolster its continued growth in India.