
Crypto firm CoinSwitch Kuber joins India’s unicorn bandwagon
The Hindu
Raises $260 mn from a16z, Sequoia Capital, Tiger Global, others
CoinSwitch Kuber, a crypto asset platform, said it closed a $260 million Series C funding round from Andreessen Horowitz (a16z), Coinbase Ventures and existing investors Paradigm, Ribbit Capital, Sequoia Capital India and Tiger Global.
The fresh infusion made CoinSwitch Kuber a unicorn, valued at 1.9 billion, in just over 14 months of starting its operations in India, claimed the company in a statement.

Insurance penetration and density are often misunderstood and do not reveal how many families are insured or whether they would be financially secure if the main earning member were to die. The real issue is not reach but adequacy, as households may have life insurance but not enough cover to replace lost income, leaving them financially vulnerable.












