Bangalore, Karnataka, India-based bitcoin startup Unocoin pronounced in a press recover sent to CoinReport that it has lifted US$1.5 million in try collateral in a pre-series A round, a tip sum lifted for a cryptocurrency try in a story of a world’s second many populous country.
The appropriation turn was led by Indian entity Blume Ventures with appearance from American-based tellurian investment firms Digital Currency Group, FundersClub and Boost VC; British-based tellurian online investment height BnkToTheFuture; Cayman islands (also British)-based general investment account Bitcoin Capital; Indian investors organisation Mumbai Angels and Indian-based, now Asia-wide angel investment organisation ah! Ventures.
“We’re celebrated to have this form of support from tip investors,” pronounced Unocoin co-founder and CEO Sathvik Vishwanath in a press release. “We started from my tiny hometown called Tumkur nearby Bangalore and a idea from a commencement was to make it easy to get bitcoin in India. A few years later, we are now headquartered in Bangalore with 30+ employees, portion some-more than 100,000+ business across