India
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India $2.4 Billion Crypto Exchange CoinDCX Co-Founders Sumit Gupta & Neeraj Khandelwal Arrested by India Police for Suspected Fraud on Insurance Advisor with Promise of High Returns to Invest in a Firm, CoinDCX Raised New Funding at $2.4 Billion Valuation in 2025, Founded in 2018 by Sumit Gupta & Neeraj Khandelwal, Investors Include Coinbase Ventures, Pantera Capital, Steadview Capital Management, Bain Capital Ventures & Polychain

24th March 2026 | Hong Kong

India crypto exchange CoinDCX ($2.4 billion market value) co-founders Sumit Gupta & Neeraj Khandelwal have been arrested by India police for suspected fraud on an insurance advisor with promise of high returns to invest in a firmIn 2025 October, CoinDCX raised new funding at $2.4 billion valuation.  CoinDCX was founded in 2018 by Sumit Gupta & Neeraj Khandelwal.  CoinDCX  investors include Coinbase Ventures, Pantera Capital, Steadview Capital Management, Bain Capital Ventures & Polychain.  CoinDCX – Established in 2018, CoinDCX is the preferred crypto exchange in India, but also an instrumental player in building the broader Web3 ecosystem.  Trusted by over 2 crore registered users. Our mission is simple: to provide easy access to Web3 experiences and democratize investments in virtual digital assets. We prioritize user safety and security, strictly adhering to KYC and AML guidelines.  In our commitment to quality, we employ a stringent 7M Framework for the listing of crypto projects, ensuring users access only the safest virtual digital assets. CoinDCX has partnered with Okto for India to launch a secure multi-chain DeFi app that offers a keyless, self-custody wallet . It aims to simplify the world of decentralized finance (DeFi) by providing a secure, user-friendly, and innovative solution for managing virtual digital assets.  Through CoinDCX Ventures, we’ve invested in over 15 innovative Web3 projects, reinforcing our dedication to the Web3 ecosystem. Our flagship educational initiative, #NamasteWeb3, empowers Indians with web3 knowledge, preparing them for the future of virtual digital assets. CoinDCX’s vision and potential have gained the confidence of global investors, including Pantera, Steadview Capital, Kingsway, Polychain Capital, B Capital Group, Bain Capital Ventures, Cadenza, Draper Dragon, Republic, Kindred, and Coinbase Ventures.  At CoinDCX, we’re leading India towards the decentralized future of Web3 with an unwavering commitment to safety, simplicity, and education.

“ India $2.4 Billion Crypto Exchange CoinDCX Co-Founders Sumit Gupta & Neeraj Khandelwal Arrested by India Police for Suspected Fraud on Insurance Advisor with Promise of High Returns to Invest in a Firm, CoinDCX Raised New Funding at $2.4 Billion Valuation in 2025, Founded in 2018 by Sumit Gupta & Neeraj Khandelwal, Investors Include Coinbase Ventures, Pantera Capital, Steadview Capital Management, Bain Capital Ventures & Polychain “

 



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India Crypto Exchange CoinDCX Raised New Funding at $2.4 Billion Valuation, Founded in 2018 by Sumit Gupta & Neeraj Khandelwal, Investors Include Coinbase Ventures, Pantera Capital, Steadview Capital Management, Bain Capital Ventures & Polychain

India

21st October – India crypto exchange CoinDCX has raised new funding at $2.4 billion valuation.  CoinDCX was founded in 2018 by Sumit Gupta & Neeraj Khandelwal.  CoinDCX  investors include Coinbase Ventures, Pantera Capital, Steadview Capital Management, Bain Capital Ventures & Polychain.  CoinDCX – Established in 2018, CoinDCX is the preferred crypto exchange in India, but also an instrumental player in building the broader Web3 ecosystem.  Trusted by over 2 crore registered users. Our mission is simple: to provide easy access to Web3 experiences and democratize investments in virtual digital assets. We prioritize user safety and security, strictly adhering to KYC and AML guidelines.  In our commitment to quality, we employ a stringent 7M Framework for the listing of crypto projects, ensuring users access only the safest virtual digital assets. CoinDCX has partnered with Okto for India to launch a secure multi-chain DeFi app that offers a keyless, self-custody wallet . It aims to simplify the world of decentralized finance (DeFi) by providing a secure, user-friendly, and innovative solution for managing virtual digital assets.  Through CoinDCX Ventures, we’ve invested in over 15 innovative Web3 projects, reinforcing our dedication to the Web3 ecosystem. Our flagship educational initiative, #NamasteWeb3, empowers Indians with web3 knowledge, preparing them for the future of virtual digital assets. CoinDCX’s vision and potential have gained the confidence of global investors, including Pantera, Steadview Capital, Kingsway, Polychain Capital, B Capital Group, Bain Capital Ventures, Cadenza, Draper Dragon, Republic, Kindred, and Coinbase Ventures.  At CoinDCX, we’re leading India towards the decentralized future of Web3 with an unwavering commitment to safety, simplicity, and education.




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