WazirX - About the company
WazirX is an acquired company based in Mumbai (India), founded in 2018 by Nischal Shetty, Sameer Mhatre and Siddharth Menon. It operates as an Online exchange platform for cryptocurrency. WazirX has raised an undisclosed amount in funding. 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
Online exchange platform for cryptocurrency. It allows users to trade in multiple currencies such as Bitcoin, Ethereum, Ripple, Litecoin, and more. It also provides advanced trading features such as tradingview and stop limit orders. The platform offers KYC verification system, customer support, and referral rewards for users.
- Website
- wazirx.com
- Email ID
- *****@wazirx.com
- Phone Number
- +91 **********
- Registered Address
- HD-024, WeWork Enam Sambhav, C - 20, G Block Rd, G Block BKC, Bandra Kurla Complex, Bandr, a East, Mumbai City, MUMBAI, Maharashtra, India, 400051
Key Metrics
Founded Year
2018
Location
Mumbai, India
Stage
Acquired
Latest Funding Round
Investors
Ranked
25th among 2031 active competitors
Annual Revenue
$100M - $500M as on Mar 31, 2022
Employee Count
318 as on May 31, 2026
Exit Details
Acquired by Binance Labs (Nov 21, 2019)
Legal entities associated with WazirX
WazirX is associated with 3 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
ZANMAI LABS PRIVATE LIMITED CIN: U72900MH2017PTC303170 , India, Active | Dec 21, 2017 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | - | |
ZETTAI PTE. LTD. CIN: 201900774K , Singapore, Active | Jan 06, 2019 | $100M - $500M (As on Mar 31, 2022) | - | |
QIZIL21 SOFTWARES PRIVATE LIMITED CIN: U72900MH2019PTC333331 , India, Active | Nov 20, 2019 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | 86 (As on Feb 28, 2026) |
WazirX's acquisition details
WazirX got acquired by Binance Labs on Nov 21, 2019.
Click here to take a look at WazirX's acquisition in detail
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WazirX's funding and investors
WazirX has raised funding over 1 round. WazirX has 3 institutional investors.
Here is the list of recent funding rounds of WazirX:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Feb 04, 2020 | 3396678 | ICO | 4407244 | 6960442 | 8435450 | 3449187 |
View details of WazirX's funding rounds and investors
WazirX's founders and board of directors
Founder? Claim ProfileThe founders of WazirX are Nischal Shetty, Sameer Mhatre and Siddharth Menon. Nischal Shetty is the CEO of WazirX.
Here are the details of WazirX's key team members:
- Nischal Shetty: Co-Founder & CEO of WazirX and founder of 1 other company. They are also an angel investor in 5 startups and serve on the board of 1 company.Contact Info: 1 email address
- Sameer Mhatre: Co-Founder of WazirX. They serve on the board of 1 company.
- Siddharth Menon: Co-Founder of WazirX. Contact Info: 1 email address
WazirX's Board of Directors
WazirX's board has 2 active members. Nischal Shetty and Sameer Mhatre are part of team.Here is the list of WazirX's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 8y 5m | |
Team | - | Current | 8y 5m |
View details of WazirX's Founder profiles and Board Members
WazirX's employee count trend
WazirX has 318 employees as of May 26. Here is WazirX's employee count trend over the years:
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WazirX's Competitors and alternates
Top competitors of WazirX include Binance, Kraken and Blockchain. Here is the list of Top 10 competitors of WazirX, ranked by Tracxn score:
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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 | |
25th | Online exchange platform for cryptocurrency | - | 66/100 |
Looking for more details on WazirX's competitors? Click here to see the top ones
WazirX's Investments and acquisitions
WazirX has made no investments or acquisitions yet.
Reports related to WazirX
Here is the latest report on WazirX's sector:
News related to WazirX
Media has covered WazirX for a total of 15 events in the last 1 year, 9 of them have been about company updates.
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WazirX returns after $235 million cyber attack, restores most user fundsNewsBytes•Jun 22, 2026•WazirX
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WazirX Plans Maintenance, Crypto Transfers Unavailable for 4 HrsThe Crypto Times•May 20, 2026•WazirX
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WazirX launches futures trading with up to 100X leverage and lowest feesMoneycontrol•May 13, 2026•WazirX
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WazirX Integrates Fireblocks to Enhance Digital Asset CustodyThe Tribune•Jan 30, 2026•Fireblocks, WazirX
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Judge Restrains WazirX from Using Customer’s XRP Assets After $230M HackCrowdfund Insider•Oct 29, 2025•WazirX
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WazirX Obtains Singapore Court Approval for Restructuring, Partners with BitGo for Fund SecurityDeccan Herald•Oct 13, 2025•WazirX
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