Founded in 2017 by Ashish Singhal, Govind Soni, and Vimal Sagar Tiwari, CoinSwitch started as a global cryptocurrency exchange aggregator. The company launched its Indian-exclusive crypto platform, CoinSwitch Kuber, in June 2020, focusing on providing a simple, user-friendly interface for retail investors in India. It quickly gained significant traction, becoming a unicorn in 2021 after a Series C funding round led by Andreessen Horowitz (a16z) and Coinbase Ventures. The company has since simplified its brand name to "CoinSwitch" and is expanding its mission to become a comprehensive wealth-tech platform, aiming to "make money equal for all."