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Defy raises $5.5 million to build India's first social crypto exchange
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moneycontrol.comFintech 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
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