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Press Releases

Dec 1, 2016 – BusinessStandard – Unocoin launches Bitcoin Mobile app on iOS, Android

…Developed by Unocoin, the app will allow consumers to buy, sell, send, receive and store bitcoin all in one place, from any remote device…The implementation of a mobile app aligns with Unocoin’s mission in enhancing mainstream adoption and help bring bitcoin into the hands of billions….Unocoin has also released its POS (Point of Sale) app on both App Store and Play Store to enable physical stores to accept bitcoin as a mode of payment about six months ago…

Nov 29, 2016 – BusinessWorld – ICYMI: Disruptive Fintech Startups Lassoed

…“The best thing about bitcoin is that it’s fast and free to use, which makes it a prerequisite for easy use,” says Unocoin co-founder…Unocoin announced $1.5 million in pre-series A….

Nov 29, 2016 – Bitcoin.com – As India Demonetizes, Unocoin Launches Mobile App

Unocoin is an Indian bitcoin processing company founded in 2013, which has expanded quite rapidly…Unocoin said its mobile application release comes at a time when “bitcoin adoption is rapidly ascending in India”……Unocoin said the wallet has all the amenities needed to obtain, sell, or store bitcoins…

Nov 28, 2016 – ibtimes – India’s Unocoin launches Bitcoin mobile app on iOS and Android

…Unocoin’s app will allow consumers to buy, sell, send, receive and store bitcoin all in one place, from any remote device, said a statement….Unocoin’s app release follows the implementation of a robust new API…..

Nov 28, 2016 – News18 – Unocoin Launches Bitcoin App For iOS, Android

…Bengaluru-based Unocoin has launched Bitcoin mobile app for both iOS and Android platforms that will allow consumers to buy, sell, send, receive and store bitcoin at one place from any remote device…Unocoin also released its point of sale (POS) app on both App Store and Play Store to enable physical stores to accept bitcoin as a mode of payment about six months ago….

Nov 28, 2016 – CoinDesk – Bitcoin Exchange Unocoin Releases Mobile Wallet for iOS and Android

…Indian bitcoin exchange Unocoin has launched a new mobile wallet app…The launch comes roughly two months after Unocoin closed a $1.5m funding round backed by both domestic and international investors….Unocoin said it released the app in part to reflect India’s embrace of mobile devices…..

Nov 7, 2016 – BusinessWorld – Unocoin Reveals Robust API To Power New Business

Unocoin’s Pre Series A round was led by Blume Ventures…..Unocoin, Indian bitcoin company, has implemented its Application Programming Interface (API) …..Unocoin’s recently released features include a merchant point-of-sale (POS) app…..

Nov 7, 2016 – BusinessStandard – Unocoin reveals new API to boost new business

…Unocoin’s API allows individuals and companies in India to generate bitcoin wallets…Unocoin recently set a national record with a USD 1.5 million raise to support its unprecedented growth….The Unocoin API can plug right into any company, anywhere in the world….Unocoin’s recently released features include a merchant point-of-sale (POS) app…

Nov 7, 2016 – NewsBTC – Unocoin Announcement – Launching OTC Platform for high volume trades

…Unocoin is India’s leading bitcoin company, has 90,000+ customers and is growing at a rate of 10-20% month over month…Earlier this month, Unocoin launched its iOS mobile app for traders which is being received well and the android app is set to launch shortly. Unocoin’s Merchant PoS mobile app also hit the market in July….

Sep 30, 2016 – Forbes – Bitcoin Fintech Unocoin Sets $1.5M VC Indian Investment Record

Bangalore-based Bitcoin start-up Unocoin has raised $1.5 million (m) in a Pre ‘Series-A’ investment round…includes lead investor Blume Ventures, headquartered in Mumbai that played a key role in leading Unocoin’s Pre-Series A round, Adam and Tim Draper’s Boost VC, Barry Silbert’s Digital Currency Group, Mumbai Angels, ah! Ventures, and FundersClub in San Francisco…

Sep 29, 2016 – FinanceMagnates – India’s Unocoin Raises $1.5m To Set National Record

…Unocoin, a Bangalore based Bitcoin startup, announced today that it has raised $1.5 million in a Pre Series-A round, the highest amount ever raised for a digital currency venture in Indian history…Unocoin continues to make an enormous impact on the global Bitcoin market and will continue to be a global market leader….

Sep 9, 2016 – EconoTimes – Indian bitcoin wallet Unocoin launches OTC platform for bulk quantity traders

…According to the official announcement, the bitcoin-OTC is an over-the-counter marketplace for bitcoin transactions for traders who are looking for bulk quantity trade with minimum order of 25 BTCUnocoin will contact the customer when it is able to honor such request to get the re-confirmation and then move with the execution of the order….

May 22, 2016 – IndiaTimes- Now you can pay your bills or shop online with digital currency

…”Bitcoin works on self regulation,” online portal Unocoin Co-founder and CEO Sathvik Vishwanath told IANS…..Unocoin has already about 2,000 average mobile and DTH bill payments taking place through its online platform…

May 14, 2016 – Bravenewcoin – Unocoin and MobiKwik partner to boost Bitcoin adoption across India with over 75,000 merchants

Indian Bitcoin heavyweight Unocoin, sometimes referred to as ‘the Coinbase of India’ due to offering similar services, announced an integration with leading mobile wallet in India, MobiKwik, on Thursday….Unocoin launched its Point of Sale (PoS) merchant mobile app for accepting bitcoin in April, called the “Unocoin PoS”…

April 25, 2016 – EconoTimes – Indian Bitcoin Company Unocoin Launches Merchant PoS Mobile App

…Unocoin, an India based Bitcoin startup, has announced the launch of its merchant point-of-sale mobile app, called “Unocoin PoS” for both Android and iOS devices…Unocoin claims that early users are calling the recently released mobile merchant application as the “world’s simplest Bitcoin PoS app”…

April 24, 2016 – FinanceMagnet – Unocoin Launches Mobile PoS App for Indian Stores to Accept Bitcoin

…Unocoin announced the launch of its mobile merchant Point of Sale (PoS) application…Last year Unocoin has partnered with Purse.io to complete the cycle from global crowdsourcing marketplace Mechanical Turk to Indian rupees…

April 23, 2016 – NewsBTC – Unocoin Launches Unocoin PoS for Indian Merchants

…Unocoin today announced the launch of its point of sale payment services for merchants. The new PoS product will allow traders to accept bitcoin at their physical shops…

March 22, 2016 – TechStory – Indian Bitcoin Startups – Get To Know The Disruptors !

…Unocoin is a webservice provided by CoinMonk Ventures which aims to provide simple, safe and secure way of buying, selling and storing Bitcoins in India with offices in Bangalore and Tumkur…Unocoin became the first Indian Bitcoin start-up to be funded internationally in August 2014 when legendary investor Barry Silbert infused US$250,000 in Unocoin…

February 12, 2016 – Bitcoinist – India Has A Booming Economy Despite Global Financial Turmoil

…India is home to several Bitcoin exchanges, such as Unocoin and BTCXIndia. Additionally, the LocalBitcoins market is rather active in the country, with plenty of buyers and sellers looking to trade Bitcoin on a daily basis. It remains a mystery whether or not Bitcoin can make a big impact in India though…

… India is home to several Bitcoin exchanges, such as Unocoin and …

November 9, 2015 – BeingBlunt – Unocoin – A Bitcoin Paradise for Indians

… Unocoin has done justice to all the services it has offered since the beginning…I have been a customer of Unocoin since October, 2014, and I have observed its growth keenly…

October 31, 2015 – NewsBTC – Unocoin Promotes BItcoin and Signs Up Users at CeBIT India

… Unocoin, the Indian bitcoin platform based out of Bangalore participated in the Indian edition of CeBIT 2015….Unocoin is also one of the important members of Bitcoin India Alliance, a consortium of bitcoin companies, legal advisors and more who are actively involved in promoting industry-government interactions. Unocoin has signed up 10 merchants in Bangalore enabling them to accept bitcoin payments…

October 26, 2015 – TheHansIndia – More than 25 Indian Merchants Accepting Bitcoin Powered by Unocoin

…The Unocoin team has successfully managed to bring on board several e-commerce giants to accept Bitcoin as a mode of payment for their respective websites……Unocoin has signed up over 25 merchants to accept Bitcoin, some of them that are live include Reload.in and Indsoft.net…..Unocoin recently released a merchant gateway which enables businesses to accept bitcoin…

October 18, 2015 – NewsBTC – Boost VC’s Tribe 6, Now out in the Wild to Make a Killing

… Unocoin is a leading bitcoin exchange based out of Bangalore, India. Apart from regular exchange options, the platform also offers different bitcoin investment plans for its users. The company has partnered with BTCJam and Purse.io to enable loans and cashing out Amazon Mechanical Turk points respectively…

August 21, 2015 – EconomicTimes – ePaisa enables bitcoin acceptance for its merchants

… Sathvik Vishwanath, CEO of startup Unocoin, a bitcoin exchange and merchant processor says that mass acceptance of bitcoins by merchants is still a couple of years away. Vishwanath is also part of the Bitcoin Alliance India, which spreads awareness on crypto currencies…

August 20, 2015 – EconomicTimes – Bitcoin makes its way into Indian market

…Unocoin has launched a bitcoin merchant processing platform that will facilitate the acceptance of bitcoin on e-commerce sites…

August 3, 2015 – IHB – Bitcoin Blooms in Bengaluru

…Bengaluru based Unocoin and CoinSecure offer bitcoin wallets and trading services, both of these companies are keen to stay in business by enforcing strict KYC/AML…

July 5, 2015 – CoinTelegraph – eTravelSmart Partners with Unocoin to Allow Indians to Purchase Bus Tickets with Bitcoin

The online bus ticket booking portal eTravelSmart has partnered with India’s most popular bitcoin wallet and merchant payment processor unocoin to allow users in the country to purchase tickets using bitcoin…

June 7, 2015 – NewsBTC – No Terror with BTC! Thanks to AML and KYC Regs

…Indian bitcoin platforms like Unocoin have devised their AML and KYC process along the lines of those adopted by banks…

June 6, 2015 – NewsBTC – Indian Bitcoin Companies Are Finding Ways to Engage Their Customers

… Another Bitcoin start-up from India, Unocoin also has its own service offering. Unocoin is a leading Bitcoin exchange in the country, it is rightly referred to as the Coinbase of India…Unocoin also offers investment opportunities for its customers through BTCjam, which is a P2P Bitcoin powered lending platform…

May 24, 2015 – YourStory – Coinbase sets eyes on India, makes bitcoin wallet available

… Startups like Unocoin, CoinSecure and Zebpay are also pushing the ecosystem for mass adoption of bitcoin in India…..

May 5, 2015 – CryptoCoinsNews – Is India Cracking Down on Bitcoin?

…Unocoin, a trading platform in India, has reportedly been at the center of an intensifying debate in India over the legality and regulation of Bitcoin….According to Unocoin, the authorities “had the idea of transaction volumes on Unocoin and this officer we are talking to know a LOT about Bitcoin technically.”…

May 04, 2015 – LiveMint – Start-ups give bitcoins a leg up in India

…While a single bitcoin currently costs about $227 or Rs.14,700 at today’s rates, “people can keep on investing as low asRs.1,000,” according to Sathvik Vishwanathan, managing director of unocoin.com….Unocoin, founded in December 2013, offers trading, merchant processing and storage of the digital currency…

April 23, 2015 – BusinessLine – It’s growing, Bitcoin by Bitcoin

… Unocoin — which provides Bitcoin trading, storage and merchant processing services…

April 19, 2015 – NewsBTC – Exclusive: NewsBTC meets Sunny Ray from Unocoin

… Unocoin, known among the Indian Bitcoin community as the Coinbase of India is a Bangalore based startup….Unocoin is now focused on buying, using and accepting Bitcoin…..We at Unocoin have studied and adopted KYC and AML regulations from the banking and finance sectors into Bitcoin business…

April 17, 2015 – PYMNTS – Will London Be The FinTech Hub For Bitcoin?

…India-based bitcoin exchange Unocoin has started converting Mechanical Turk into Indian rupees. The exchange has also partnered with another startup to exchange Amazon gift cards into bitcoins……

April 16, 2015 – NewsBTC – Bitcoin Exchange in India Allows Conversion of Turk to Rupees

…Unocoin, which is a bitcoin exchange based in India, has completed the cycle in converting Mechanical Turk to Indian rupees. The group has partnered with Purse.io, which is a bitcoin startup that allows the exchange of Amazon gift card credit to bitcoin at good prices…

April 3, 2015 – EconomicTimes – Angel investors & VCs finally warm up to Bitcoin in India

… Last year, Tumkur-based Unocoin raised $250,000 (about 1.6 crore) from Barry Silbert, CEO of New York’s online marketplace SecondMarket, making it the first Indian bitcoin recipient of international investment…

March 21, 2015 – Cointelegraph – Bitcoin in India ‘On the Rise’ says Sunny Ray, Unocoin Co-founder

January 06, 2015 – Bravenewcoin – Unocoin Partners With BTCJam To Bring Bitcoin Loans To India

…Indian bitcoin exchange, Unocoin, partnered with BTCJam on Friday, to bring the advantages of bitcoin loans to India. Unocoin customers will now be shown BTCjam ads and the lending company will be listed as one of the exchanges official partners…

December 31, 2014 – CoinDesk – The Giant Awakens: Asia’s Top Bitcoin Stories in 2014

…Exchanges like BTCX India and Unocoin flourished in 2014, and been joined by foreign firms like Australia’s Igot to target the Indian market, as well as its ex-pat workforce abroad…

November 29, 2014 – Bitcoinist – UnoCoin: CoinBase of India

…Bringing Bitcoin to Billions: Unocoin is positioning itself as the “Coinbase of India” for many reasons. They are fully compliant with standing regulations. This is imperative as bitcoin in India enters a murky grey area…

August 11, 2014 – Various press releases
UNOCOIN RAISES $250,000 FROM BITCOIN OPPORTUNITY CORP. Investment marks largest known capital raise to date in India’s fast growing Bitcoin space
Wall Stree Journal – BitBeat: Blockchain Hits Two Million Wallets Amid Strong Interest in Bitcoin
Coindesk – Barry Silbert Leads $250K Investment in Indian Bitcoin Startup Unocoin
Techcrunch – Silbert’s Bitcoin Opportunity Fund Drops $250K On India-Based Unocoin
Business Insider – Barry Silbert’s Latest Investment Is More Evidence Bitcoin’s Biggest Opportunities May Lie Outside The US
Bitcoinx – Indian bitcoin startup Unocoin raises $250,000 in new fundraising round
Yahoo – Barry Silbert’s Latest Investment Is More Evidence Bitcoin’s Biggest Opportunities May Lie Outside The US
Newsbtc – Barry Silbert Invests $250,000 in Unocoin, an Indian Bitcoin Start-up
Next Big What – Tumkur Based Bitcoin Startup Unocoin Secures $250K From Bitcoin Opportunity Corp
The Hindu – Bitcoin start-up Unocoin gets overseas funding
Business Line – Unocoin gets $250,000 investment from Bitcoin
Economic Times (Featured on front page) – A Tumkur start-up VentureNext earns Rs 10 lakh a month by creating virtual creatures

June 21, 2014 – Cryptocurrency in Hindi : Cryptohindi.com – Unocoin सुरक्षित और सुरक्षित तरीका

…शुल्क संरचना: वहाँ खरीदने पर एक 3% लेनदेन शुल्क हो सकता है और सोने की स्थिति के साथ सदस्यता के लिए लेनदेन और 2% बेच देंगे. 12.36% सेवा कर लेन – देन शुल्क पर एकत्र किया जाएगा और भारत सरकार को भुगतान किया जाएगा…

…व्यापारी गेटवे एकता: एक भुगतान के रूप Bitcoin स्वीकार करने के लिए किसी भी ऑनलाइन व्यापारी के लिए एक आसान और सरल तरीका है. http://unoco.in/merc आप यह कैसे काम करता है एक संक्षिप्त झलक देता है…

March 19, 2014 – BitLegal – Banks, Corruption and Crypto: Can Bitcoin Change India?

Playing by the rules…And Unocoin, the Indian bitcoin exchange, is still in business. Vikram Nikkam is Unocoin’s Head of Business Development. He says that the exchange is still in operation because it is playing by the rules as best it can: “All transactions are through the banking system to keep all aspects of the transaction within the current legal framework.”…Unocoin’s web interface is reminiscent of Coinbase‘s, but the US-based wallet provider has only one banking partner to work with, not three…

March 1, 2014 – BitLegal – India – BitLegal

…A community of Indian Bitcoin entrepreneurs founded the Bitcoin Alliance of India, which intends to advocate for Bitcoin businesses and has already commissioned a legal opinion on Bitcoin’s status under Indian law. Indian exchange Unocoin resumed operation (albeit with strict buying and selling limits)….

February 15, 2014 – CoinDesk – Digital Currencies Gaining Popularity in India’s Major Cities

…The other meet-up group in India’s Silicon Valley is organised by Vikram Nikkam and Sathvik Vishwanath. The duo also run Unocoin, India’s bitcoin exchange…

February 10, 2014 – NDTV – Bitcoin part of at least 93 virtual currencies, valued at roughly $13 billion

…At the same time, many Bitcoin operators and even some corporate houses have recently stepped up their lobbying for a clear regulatory framework on digital currencies in India….

January 17, 2014 – Reuters – RBI puts the brakes on the bitcoin train in India

…Indian Revenue Services officials visited CoinMonk Ventures, which runs bitcoin buying and selling website unocoin.com, in December, seeking information on the digital currency, said its chief executive, Sathvik Vishwanathan…Unocoin, one of the websites that suspended operations a day after the RBI note, resumed operations on Jan. 8 after seeking legal advice…

January 15, 2014 – NDTV – Few Bitcoin operators resume India operations, call for regulatory framework

…In the meantime, some operators like Unocoin have resumed operations, although on a ‘trial basis’, while some new entities have also started dealing in Bitcoins….

January 8, 2014 – The Bitcoin Channel – Indian Bitcoin Exchange Unocoin Back Online After Shutdown

…Unocoin launched in mid-December at the Global Bitcoin Conference in Bangalore. The well-attended conference shone a light on India, and for a couple of weeks the country looked set to become Asia’s next bitcoin star as China’s crackdown began…

January 8, 2014 – CryptoCoinNews – Indian Exchange Unocoin To Resume Operations

…Unocoin is confident that their adherence to established regulatory practices and KYC/AML laws will keep them from the same fate as buysellbitco.in…

January 8, 2014 – TechInAsia – Indian Bitcoin exchange resumes trading today after government pressure to shut down

…On Monday, Unocoin announced it would resume trading today, and Bitcoin enthusiasts breathed a heavy sigh of relief…

January 7, 2014 – CoinDesk – Indian Bitcoin Exchange Unocoin Back Online After Shutdown

…Bangalore-based bitcoin exchange Unocoin has come back online, announcing that it will begin trading bitcoins again on 8th January. The return comes after a series of recent events in India that threatened a government crackdown on the country’s fledgling bitcoin industry…

January 3, 2014 – MarketCalls India – Unocoin – India’s First Bitcoin Exchange Launched

…Unocoin new Bitcoin Exchange in India has been launched in Bangalore on 15th December. It is currently running on a ‘trial basis’ and new verified users are limited to buying/selling 10 BTC per day…To become verified, users need to have an Indian PAN (Personal Account Number) and card, which are required for all all documents pertaining to financial transactions in India. They must also supply a full name and contact details with proof of address, and an optional photo. Transfers are handled via linked bank accounts…

December 26, 2013 – Forex Minute – Unocoin, a New Bitcoin Exchange Service Launched In India

…Answering to a question whether a buyer needs to register and verify himself for selling or buying Bitcoin, the company says the customer will be asked to register on Unocoin and verify his email id. The customer will also need to provide a pan card along with address proof, and a phone number for verification to take place…

December 24, 2013 – CoinDesk – New Bitcoin Exchange Unocoin Launches in India

…A new bitcoin exchange service has launched in India, amid a growing wave of digital currency interest in the world’s second largest country. Unocoin launched at the well-attended Global Bitcoin Conference, India’s first, in Bangalore on 15th December. It is currently running on a ‘trial basis’ and new verified users are limited to buying/selling 10 BTC per day…

December 5, 2013 – The Hindu – Bitcoin gains currency in India

…Another web-based service, called UnoCoin, where people buy and sell bitcoins, will be launched in two weeks by Coinmonk, which is pioneering the global conference on bitcoins…