Topic: UnoCoin raises US$1.5m To Boost Bitcoin Penetration In India - page 2. (Read 3249 times)
@dashingriddler , could you tell us more about the utilization of the funds in general or how the funds already raised are going to be used ?
Coverage in Indian publications. 
http://profit.ndtv.com/news/start-ups/article-indian-bitcoin-company-raises-1-5-million-from-us-indian-investors-1468299
http://economictimes.indiatimes.com/small-biz/money/bengaluru-based-bitcoin-startup-unocoin-raises-rs-10-crore/articleshow/54596929.cms
http://www.business-standard.com/article/reuters/indian-bitcoin-company-raises-1-5-million-from-u-s-indian-investors-116093000038_1.html
http://www.livemint.com/Companies/iZWAxghGuEgUWm0IFZOwGL/Unocoin-Technologies-raises-15-million-funds.html
http://www.firstpost.com/business/bengaluru-based-bitcoin-startup-unocoin-raises-1-5-million-from-us-indian-investors-3027490.html
http://profit.ndtv.com/news/start-ups/article-indian-bitcoin-company-raises-1-5-million-from-us-indian-investors-1468299
http://economictimes.indiatimes.com/small-biz/money/bengaluru-based-bitcoin-startup-unocoin-raises-rs-10-crore/articleshow/54596929.cms
http://www.business-standard.com/article/reuters/indian-bitcoin-company-raises-1-5-million-from-u-s-indian-investors-116093000038_1.html
http://www.livemint.com/Companies/iZWAxghGuEgUWm0IFZOwGL/Unocoin-Technologies-raises-15-million-funds.html
http://www.firstpost.com/business/bengaluru-based-bitcoin-startup-unocoin-raises-1-5-million-from-us-indian-investors-3027490.html
In the latest news, just saw this. http://themerkle.com/unocoin-raises-us1-5m-to-boost-bitcoin-penetration-in-india/
Great news for Bitcoin users in India to hear about Unocoin. Could someone from UnoCoin comment on this, and how the funds are planned to be used ?
How can we invest in unocoin fund raising? can we buy their shares like or how?Please let me knowGreat news for Bitcoin users in India to hear about Unocoin. Could someone from UnoCoin comment on this, and how the funds are planned to be used ?
I believe it was a private offering and not a public offering. So there probably is no way to invest, unless you are looking to invest a significant amount.
That is right. However please send your email id to me over IM and how much you are looking to invest. We will let you know when the next round opens up.
As per RoC data of U72200KA2015PTC080145, Unocoin Technologies Private Limited is allowed to raise INR 10000000 and u & Harish are the only two director. So, may I know, against what collateral investors are investing? Are they getting share of Unocoin Technologies Private Limited, which is not being reflected in RoC?
Oh - what you see is authorized capital and paid up capital. In the investment rounds, the shares get sold at a premium above face value and it wont be visible on RoC.
So, investors are getting share of Unocoin at a premium rate. But, should not their names be listed in RoC or that would be in next FY?
In the latest news, just saw this. http://themerkle.com/unocoin-raises-us1-5m-to-boost-bitcoin-penetration-in-india/
Great news for Bitcoin users in India to hear about Unocoin. Could someone from UnoCoin comment on this, and how the funds are planned to be used ?
How can we invest in unocoin fund raising? can we buy their shares like or how?Please let me knowGreat news for Bitcoin users in India to hear about Unocoin. Could someone from UnoCoin comment on this, and how the funds are planned to be used ?
I believe it was a private offering and not a public offering. So there probably is no way to invest, unless you are looking to invest a significant amount.
That is right. However please send your email id to me over IM and how much you are looking to invest. We will let you know when the next round opens up.
As per RoC data of U72200KA2015PTC080145, Unocoin Technologies Private Limited is allowed to raise INR 10000000 and u & Harish are the only two director. So, may I know, against what collateral investors are investing? Are they getting share of Unocoin Technologies Private Limited, which is not being reflected in RoC?
Oh - what you see is authorized capital and paid up capital. In the investment rounds, the shares get sold at a premium above face value and it wont be visible on RoC.
In the latest news, just saw this. http://themerkle.com/unocoin-raises-us1-5m-to-boost-bitcoin-penetration-in-india/
Great news for Bitcoin users in India to hear about Unocoin. Could someone from UnoCoin comment on this, and how the funds are planned to be used ?
How can we invest in unocoin fund raising? can we buy their shares like or how?Please let me knowGreat news for Bitcoin users in India to hear about Unocoin. Could someone from UnoCoin comment on this, and how the funds are planned to be used ?
I believe it was a private offering and not a public offering. So there probably is no way to invest, unless you are looking to invest a significant amount.
That is right. However please send your email id to me over IM and how much you are looking to invest. We will let you know when the next round opens up.
As per RoC data of U72200KA2015PTC080145, Unocoin Technologies Private Limited is allowed to raise INR 10000000 and u & Harish are the only two director. So, may I know, against what collateral investors are investing? Are they getting share of Unocoin Technologies Private Limited, which is not being reflected in RoC?
In the latest news, just saw this. http://themerkle.com/unocoin-raises-us1-5m-to-boost-bitcoin-penetration-in-india/
Great news for Bitcoin users in India to hear about Unocoin. Could someone from UnoCoin comment on this, and how the funds are planned to be used ?
How can we invest in unocoin fund raising? can we buy their shares like or how?Please let me knowGreat news for Bitcoin users in India to hear about Unocoin. Could someone from UnoCoin comment on this, and how the funds are planned to be used ?
I believe it was a private offering and not a public offering. So there probably is no way to invest, unless you are looking to invest a significant amount.
That is right. However please send your email id to me over IM and how much you are looking to invest. We will let you know when the next round opens up.
In the latest news, just saw this. http://themerkle.com/unocoin-raises-us1-5m-to-boost-bitcoin-penetration-in-india/
Great news for Bitcoin users in India to hear about Unocoin. Could someone from UnoCoin comment on this, and how the funds are planned to be used ?
Great news for Bitcoin users in India to hear about Unocoin. Could someone from UnoCoin comment on this, and how the funds are planned to be used ?
It will majorly be used for marketing, product and geographical expansion.
In the latest news, just saw this. http://themerkle.com/unocoin-raises-us1-5m-to-boost-bitcoin-penetration-in-india/
Great news for Bitcoin users in India to hear about Unocoin. Could someone from UnoCoin comment on this, and how the funds are planned to be used ?
How can we invest in unocoin fund raising? can we buy their shares like or how?Please let me knowGreat news for Bitcoin users in India to hear about Unocoin. Could someone from UnoCoin comment on this, and how the funds are planned to be used ?
I believe it was a private offering and not a public offering. So there probably is no way to invest, unless you are looking to invest a significant amount.
Not sure where they will utilize this money since the fees they charge is the highest in the market.
In the latest news, just saw this. http://themerkle.com/unocoin-raises-us1-5m-to-boost-bitcoin-penetration-in-india/
Great news for Bitcoin users in India to hear about Unocoin. Could someone from UnoCoin comment on this, and how the funds are planned to be used ?
How can we invest in unocoin fund raising? can we buy their shares like or how?Please let me know Great news for Bitcoin users in India to hear about Unocoin. Could someone from UnoCoin comment on this, and how the funds are planned to be used ?
More reports on the same news...
i. http://fortune.com/2016/09/29/unocoin-indian-bitcoin-startup/
ii. http://www.coindesk.com/indian-bitcoin-exchange-unocoin-raises-1-5-million/
i. http://fortune.com/2016/09/29/unocoin-indian-bitcoin-startup/
ii. http://www.coindesk.com/indian-bitcoin-exchange-unocoin-raises-1-5-million/
In the latest news, just saw this. http://themerkle.com/unocoin-raises-us1-5m-to-boost-bitcoin-penetration-in-india/
Great news for Bitcoin users in India to hear about Unocoin. Could someone from UnoCoin comment on this, and how the funds are planned to be used ?
Great news for Bitcoin users in India to hear about Unocoin. Could someone from UnoCoin comment on this, and how the funds are planned to be used ?
Jump to: