Tiger Global's investment in CoinSwitch Kuber big nod to the Indian crypto industry: Ashish Singhal

Tiger Global Management's $25 million investment in BitCipher Labs last week marked the first investment in an Indian crypto startup for the New York-based investment firm, which is famous for its early backing of Flipkart. It has now added an Indian crypto startup to its portfolio. With Tiger's investment, CoinSwitch's valuation jumped five-fold to more than $500 million in just four months.
Published: Apr 26, 2021