Crypto exchange startup Unocoin raises undisclosed amount from Tim Draper

Cryptocurrency exchange startup Unocoin is close to finalising its Series A funding round, targeted at $5M. The round, thus far, saw participation from Tim Draper’s Draper Associates, XBTO Ventures and 2020 Ventures, raising Unocoin’s valuation to $20M. Following the lifting of the RBI’s ban on digital asset trading, Unocoin’s latest fundraise will bolster its continued growth in India. Unocoin has previously raised over $3M from a range of reputable investors.

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