Indian Bitcoin startup Unocoin raises US$1.5M funding

The funds will be used for product development as well as to expand the business and scale the team

Bangalore-based bitcoin startup Unocoin has secured US$1.5 million in fresh investment from Blume Ventures, Mumbai Angels and ah! Ventures. Digital Currency Group, Bnk to the Future and FundersClub and Boost VC also co-invested in the round.

The funds will be used for product development as well as to expand the business and scale the team.

The startup has previously raised US$250,000...

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