Fintech startup Defy on Thursday said it has raised $5.5 million (around Rs 40.79 crore) in a funding round to build India’s first social crypto exchange.
Defy, founded by entrepreneurs Bhagaban Behera, Sriharsha Setty and Nakul Kelkar, has received Seed funding worth $5.5 million.
The fundraise was backed by Y Combinator, Goat VC, JAM Fund and Goodwater Capital.
Others participating in this round include Gemba, Night Ventures, GMO Venture Partners, Olive Tree Capital in addition to an existing
Read more on moneycontrol.com