THELOGICALINDIAN - India based bitcoin startup Zebpaysaid it has accomplished a new anniversary bridge Rs 100 crore in bitcoin affairs aural the accomplished ten months of operations
In US dollars, that converts to aloof over $15 million. Zebpay, which launched in 2014, started out as a bitcoin wallet. In 2015, they launched a buy and advertise affection which has formed out able-bodied for them, accretion business and customers, as able-bodied as profits.
Currently, Zebpay has a absolute of over 30,000 users who use their app to buy, sell, abundance and absorb bitcoins. It is abacus about 6,000 new users every month. “Zebpay has an advancing advance ambition for the advancing year. The aggregation aims to add 1 lakh users to its adaptable app by the end of 2016,” the statement said.
Zebpay primarily focuses on the Indian bitcoin user market, although it has offices in both India and Singapore. Zebpay was recently shortlisted as one of the top 55 confusing account as allotment of the Catapooolt Changemakers Challenge. Zebpay had aloft $1 actor in January, or about Rs 6.6 crore, in Series-A funding from advance disinterestedness investors Arjun Handa, administrator and managing administrator at Claris Lifesciences, and Amit Jindal, managing administrator at Jindal Worldwide.
The startup does accept some antagonism on their hands, as there are a few added bitcoin exchanges based in India confined the aforementioned market. Most recently, addition startup Coinsecure who is additionally based in India, secured $1.2 actor in an advancing Series A advance round.
