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Crypto unicorn CoinSwitch completes first Esop buyback for Rs.19-Cr


Crypto unicorn CoinSwitch Kuber has completed its first-ever buyback of employee stock ownership plan (Esop). The round, worth about INR 19 crore (USD 2.5 million), was funded through a mix of internal and external resources. The company turned a unicorn last September following a USD 260 million Series C funding round from American venture capital firms Coinbase Ventures and Andreessen Horowitz.

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