Koinex - About the company
Koinex is a deadpooled company based in Mumbai (India), founded in 2017 by Rahul Raj, Rakesh Yadav and Aditya Naik. It operates as a Cryptocurrency exchange platform. Koinex has raised $1.66M in funding from investors like Beenext, Pantera Capital and Venture Catalysts, with last known valuation of ₹*****. The company has 2031 active competitors, including 194 funded and 68 that have exited. Its top competitors include companies like Binance, Kraken and Blockchain.
Company Details
Koinex is a cryptocurrency exchange focused on providing giving consumers access to multiple alternate currencies. Trading pairs supported currently include Ethereum, Ripple and Litecoin. Indian exchanges currently focus on being a Bitcoin first exchange and have limited support for on-platform trading of alt-coins. The platform allows retail investors to do the same within their platform.
- Website
- koinex.in
- Social
- Email ID
- *****@koinex.in
- Registered Address
- 912-TECHNO IT PARK LINK ROAD BORIVILI WEST, Mumbai City, MUMBAI, Maharashtra, India, 400092
Key Metrics
Founded Year
2017
Location
Mumbai, India
Stage
Deadpooled
Total Funding
$1.66M in 4 rounds
Latest Funding Round
Last Known Valuation
₹***** as on Feb 10, 2018
Ranked
118th among 2031 active competitors
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
13 as on Apr 30, 2026
Legal entities associated with Koinex
Koinex is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
DISCIDIUM INTERNET LABS PRIVATE LIMITED CIN: U72900MH2017PTC297782 , India, Active | Jul 24, 2017 | 0 - ₹10 Cr (As on Mar 31, 2025) | 6 (As on Sep 30, 2019) |
Sign up to download Koinex's company profile
Koinex's funding and investors
Koinex has raised a total funding of $1.66M over 4 rounds. Its first funding round was on Sep 2017. Its latest funding round was a Angel round on Feb 2018 for $*****. 1 investor participated in its latest round. Koinex has 5 institutional investors and 6 angel investors.
Here is the list of recent funding rounds of Koinex:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 2018 | 4783556 | Angel | 3440793 | 5216124 | 1816132 | 7850198 |
Dec 13, 2017 | 5453300 | Seed | 7289185 | 4781816 | 8223161 | |
Oct 18, 2017 | 8523859 | Seed | 6310311 | 9619866 |
Access funding benchmarks and valuations. Sign up today!View details of Koinex's funding rounds and investors
Koinex's founders and board of directors
Founder? Claim ProfileHere are the details of Koinex's key team members:
- Rahul Raj: Co-Founder & CEO of Koinex and founder of 3 other companies, EOS Pulse, myBillBook and FloBiz. They are also an angel investor in 3 startups and serve on the boards of 3 companies.Contact Info: 2 email addresses
- Rakesh Yadav: Co-Founder & CTO of Koinex and founder of 4 other companies, including myBillBook, EOS Pulse and FloBiz. They are also an angel investor in 5 startups and serve on the boards of 2 companies.Contact Info: 1 email address
- Aditya Naik: Co-Founder of Koinex and founder of 2 other companies, myBillBook and FloBiz. They serve on the board of 1 company.Contact Info: 2 email addresses
Koinex's Board of Directors
Koinex's board has 2 active members. Aditya Naik and Raviteja Adusumalli are part of team.Here is the list of Koinex's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 8y 10m | |
edimejv | Team | - | Past | 1y 4m |
mrmfayn | Team | - | Current | 8y 4m |
View details of Koinex's Founder profiles and Board Members
Koinex's employee count trend
Koinex has 13 employees as of Apr 26. Here is Koinex's employee count trend over the years:
Uncover Koinex's growth story! Sign up today!
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
Koinex's Competitors and alternates
Top competitors of Koinex include Binance, Kraken and Blockchain. Here is the list of Top 10 competitors of Koinex, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Binance 2017, Abu Dhabi (United Arab Emirates), Series C | Online exchange platform for cryptocurrency | $2.02B | 86/100 | |
2nd | Kraken 2011, Cheyenne (United States), Series D | Provider of a multi-asset trading platform | $866M | 86/100 | |
3rd | Blockchain 2011, London (United Kingdom), Acquired | App-based platform for exchange and trading solutions for cryptocurrency | $700M | 84/100 | |
4th | Uphold 2013, San Francisco (United States), Series B | Digital assets trading platform offering trading services for cryptocurrencies, stablecoins, and precious metals | $73.2M | 82/100 | |
5th |  Uniswap 2018, New York City (United States), Series B | Provider of a decentralized exchange platform for cryptocurrency | $176M | 80/100 | |
6th |  Gemini 2014, New York City (United States), Public | Platform offering crypto exchange solutions | $424M | 79/100 | |
7th | Online platform for trading in cryptocurrency | $1.73B | 77/100 | ||
8th | PDAX 2017, Makati (Philippines), Series B | Online exchange platform for cryptocurrencies | $62.5M | 77/100 | |
9th | Cryptocurrency exchange and trading service provider | $247M | 76/100 | ||
10th |  CoinSwitch 2017, Bengaluru (India), Series C | Broker-based online crypto trading and exchange platform | $302M | 75/100 | |
118th | Cryptocurrency exchange platform | $1.66M | 46/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Koinex's competitors? Click here to see the top ones
Koinex's Latest cap tables and shareholding
Founders (largest shareholder) own 62.41%, Funds own 34.17% and Angels own 3.41%. The net worth of Koinex's founders is INR 22.5Cr as of Feb 10, 2018.
Shareholders Name | Post Round Holding % | Net worth | Cumulative Investment | Realised Returns | Unrealised Returns | Return Multiple |
|---|---|---|---|---|---|---|
Founder | 62.41% | 22.5Cr | 9340525 | 5345874 | 6929567 | 8321149 |
1558251 | 7039711 | 5301821 | 5536872 | 4212717 | 4920483 | |
2788639 | 8141245 | 4724791 | 3993619 | 7696495 | 9642636 | |
3807244 | 2686526 | 1540528 | 5477305 | 6961203 | 5487331 | |
Fund | 34.17% | 12.3Cr | 6831930 | 2829794 | 1570499 | 5694548 |
8938098 | 6479451 | 3512533 | 4614626 | 7003118 | 7785658 | |
4172004 | 3199683 | 1466105 | 9173214 | 8890978 | 3556461 | |
Angel | 3.41% | 1.23Cr | 859 | 610 | 111 | 656 |
0 | 0 | 0 | 0 | 0 | 0 | |
Total | 99.99% | 36Cr | 3138326 | 6684521 | 1983555 | 3318234 |
To unlock detailed Cap Table of Koinex Sign up today!Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
DisclaimerView more details of Koinex's Shareholding
Koinex's Investments and acquisitions
Koinex has made no investments or acquisitions yet.
Reports related to Koinex
Here is the latest report on Koinex's sector:
News related to Koinex
Filter this list•
Coindcx and Koinex merge to boost the adoption of cryptocurrencies in Indialacriptomoneda.info•Feb 13, 2024•CoinDCX, Koinex
•
Koinex Collaborates with CoinDCX to Help Users Recover Locked Assets From Defunct ExchangeGadgets 360•Feb 13, 2024•CoinDCX, Koinex
•
CoinDCX Founders Respond to Supreme Court of India’s Ruling on CryptocurrencyCrowdfund Insider•Mar 04, 2020•CoinDCX, Koinex, ThroughBit, Coindelta
•
Koinex shuts down; throws Indian Indian cryptocurrency market into uncertaintyDiligent Media Corporation•Jun 29, 2019•Koinex
•
Crypto exchange Koinex wraps up operations; laments apathy of regulators and banksEntrackr•Jun 27, 2019•Koinex
•
Indian Crypto Exchange Koinex Shuts Services, Blames RegulationsFinance Magnates•Jun 27, 2019•Koinex
•
•
Koinex venturing into blockchain, will open development centre in BengaluruIndiatimes•Dec 04, 2018•Koinex
•
•
Koinex Introduces India’s First Peer-to-peer Platform for Collateralized Digital Assets TradingStartup Success Stories•Jul 19, 2018•Koinex
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Are you a Founder ?
FAQs about Koinex
Explore our recently published companies
- Griffandcotonbowlsclubnuneaton - Unfunded company
- Tsv-Rothwesten - Unfunded company
- Komlosport - Unfunded company
- ISC Infra - Hyderabad based, 2019 founded, Unfunded company
- Holzpfosten - Unfunded company
- Tcrwneuenhaus - Unfunded company
