Asset Manager

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Unocoin

Unocoin, India's first Bitcoin exchange since 2013, has served over 2 million customers and processed more than 3,000 crore rupees in crypto transactions.

Unocoin

Unocoin is a cryptocurrency exchange in India, offers seamless trading of Bitcoin & other cryptos. With 2M users Since 2013. Join India's trusted crypto platform.

General information

Firm type

Asset Manager

Year founded

2013

AUM

Undisclosed

Location

Region

Asia

Country

India

City

Bengaluru

Corporate office

Bengaluru, India

Principals

Barry Silbert

Investor

Sathvik Vishwanath

Co-Founder and CEO

Sunny Ray

Co-Founder

Abhinand Kaseti

Co-Founder

Sector focus

FinTech

Frequently asked questions

Who runs investment decisions at Unocoin?

Unocoin is a cryptocurrency exchange, not an investment manager. Customers make their own trading and allocation decisions on the platform. Co-founder and CEO Sathvik Vishwanath leads product and corporate strategy.

How did Unocoin survive the Reserve Bank of India's crypto banking ban?

The RBI issued a circular in April 2018 barring banks from providing services to crypto businesses, which froze exchange operations. Unocoin continued operating through P2P and alternative workarounds until the Supreme Court of India struck down the ban in March 2020. The company returned to full fiat on-ramp services after the verdict and counts its survival as a core part of its brand trust.

Does Unocoin offer institutional custody or prime-brokerage services?

There is no disclosed institutional custody or prime-brokerage offering from Unocoin. The platform's product suite is directed at retail investors, including an INR wallet, instant exchange, and a systematic buying plan for recurring Bitcoin and crypto purchases.

Who backed Unocoin in its early funding rounds?

Digital Currency Group, founded by Barry Silbert, was an early backer of Unocoin. Silbert stated publicly that he had tracked Unocoin as India's Bitcoin leader for years and finalized a backing after the 2020 Supreme Court ruling, commenting that every Indian should have a Bitcoin account with the exchange.

What is Unoversity and what purpose does it serve?

Unoversity is Unocoin's in-house educational initiative that publishes blogs, news updates, and guides on crypto trading and blockchain technology. It functions as a customer-acquisition and retention tool, providing retail investors with how-to content on Bitcoin, Ether, and broader crypto topics in the Indian context.

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