Crypto tax player KoinX raises $1.5 M
Mumbai-based crypto tax platform KoinX has raised USD 1.5 million in seed funding from Polygon founder Sandeep Nailwal, iSeed Fund, KubeVC and other angels. KoinX helps retail crypto investors automate their taxes by integrating their portfolios and transactions with a single platform, providing a consolidated dashboard. It has partnered with crypto exchanges such as CoinDCX, Binance, Vauld and WazirX. The startup will use the funds to scale operations. It aims to reach over five lakh crypto investors by Q2 of this fiscal year.
Want to receive such news items in your inbox? Click Here to sign up for a trial.