Coinbase boosts investment in India’s CoinDCX, valuing exchange at .45B

Coinbase boosts investment in India’s CoinDCX, valuing exchange at $2.45B

Coinbase has increased its investment in India’s CoinDCX, valuing the exchange at $2.45 billion post-money, as the U.S. crypto giant bets on the country’s digital-asset potential even as regulation remains unclear. The investment is an extension of CoinDCX’s previous funding round and is subject to regulatory approvals and customary closing conditions, the companies said on…

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India’s Airbound bags .65M to build rocket-like drones for one-cent deliveries

India’s Airbound bags $8.65M to build rocket-like drones for one-cent deliveries

Airbound, an Indian drone startup, has raised $8.65 million in seed funding led by Physical Intelligence co-founder Lachy Groom, as it begins a drone-delivery pilot with a private hospital and works toward one-cent delivery using its ultra-light, blended-wing-body aircraft. The seed round includes participation from Humba Ventures and Airbound’s existing investor Lightspeed Venture Partners, as…

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