India's first cryptocurrency exchange
ZebPay is an Indian cryptocurrency exchange platform that launched in 2014. The company claims that the platform will help people to trade Bitcoin and crypto. According to them, since 2014, the platform helped more than 3 million users with their cryptocurrency journey. It is one of the best platforms for Indian users to trade Bitcoin for INR, to the point where the company claims that about two-thirds of Indian cryptocurrency investors bought their first Bitcoin on its platform. ZebPay believed in the Bitcoin revolution from the very beginning. The company claims that it aims to help millions of Indians and people around the world who are underbanked, underserved, and undervalued. ZebPay is committed to bringing the power of decentralized digital finance to everybody.
In order to secure users’ assets, ZebPay believes that security is everything. According to the website, more than >98% of coins or tokens are stored in cold wallets, protected by robust internal controls, third-party security testing, and ZebPay’s own battle-tested security measures. In addition to this, the ZebPay app design is clutter-free and easy to use, which is suitable for anyone who is a seasoned trader or just getting started.
According to Crunchbase, Zebpay has raised a total of $1.1M in funding over 2 rounds. The last funding round was finished on January 6, 2016. There are two key investors of ZebPay, Arjun Handa and Nagendra Chaudhary. ZebPay’s team itself consisted of three core members, including its founder Saurabh Agrawal. While the company is based in India (and later moved to another country due to regulation issues), it supports customers in more than 162 countries, with more than $3 billion in transactions processed to date.