Bangalore, India – CoinSwitch, founded in 2017 by Ashish Singhal, Vimal Sagar Tiwari, and Govind Soni, has emerged as a beacon of innovation in the crypto trading landscape. Addressing the significant challenge of comparing crypto prices across multiple exchanges to offer the most cost-effective trades, CoinSwitch has grown to become India’s largest crypto trading platform, with over 2 crore registered users.

With an investor-friendly platform for both retail investors (our app) and traders (PRO), CoinSwitch’s business model is simple: it earns from the commissions charged for executing the buy and sell transactions on the users’ behalf. As the company celebrates its 7th anniversary this year, it proudly stands as a unicorn valued at $1.9 billion, making it the most valuable Indian crypto investing platform.

A Comprehensive Trading Platform – The CoinSwitch app supports a wide range of crypto, with over 150+ coins listed on the platform including Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Dogecoin (DOGE), and Litecoin (LTC). For advanced traders, CoinSwitch Pro offers multi-exchange trading with one account, featuring analytics tools, limit orders, and pooled liquidity from top crypto exchanges in India and abroad. In 2022, the platform introduced the Recurring Buy Plan (RBP) for crypto, launched CRE8, the first benchmark index for the Crypto market in the Indian Rupee, and released CoinSwitch Pro, the first Rupee-powered crypto platform for multi-exchange trading. It is a founding member of the Bharat Web3 Association (BWA). Daily average user registrations have grown fivefold in 2024.

Commitment to Transparency – Recently, CoinSwitch published the third edition of its Proof of Reserves (POR), conducted according to the standards prescribed by the Institute of Chartered Accountants of India (SRS 4400) for the status of cryptos and INR held as of March 31, 2024. The platform maintains a 1:1 ratio against total customer holdings, including crypto and INR, ensuring transparency and trust. The POR release stated the status as of March 31, 2024, being: Total Customer Holdings (Crypto + INR): ₹2,774.10 crore. Total CoinSwitch Holdings (Crypto + INR): ₹3,497.22 crore.

CoinSwitch was the first Indian crypto platform to share its proof of reserves in November 2022, establishing it as a trust marker by the crypto industry. “Trust is the foundation of every successful business relationship. At CoinSwitch, we understand that earning and keeping the trust of our users is paramount. Our third Proof of Reserves demonstrates our commitment to transparency and accountability — giving our customers full confidence that their assets are safe and secure with us,” said Balaji Srihari, Business Head, CoinSwitch.

Key Insights on Proof of Reserves (POR)

• What is Proof of Reserves? – Proof of reserves (POR) establishes transparency and verifiability of a crypto platform’s claimed assets. This is achieved through an independent review and on-chain validation.
• The independent reviewer verifies the platform’s crypto and fiat holdings (Indian Rupees) and compares them with users’ assets and balances.
• A ratio of 1:1 or higher means the platform holds all user assets and fiat balances, allowing users to redeem or withdraw them at any time.

Driving Innovation with CoinSwitch Ventures – CoinSwitch Ventures, the company’s investment arm, funds early-stage startups developing blockchain-based solutions. To date, it has invested in 12 startups and facilitated nearly $25 million in subsequent funding.

Bangalore: The Epicenter of Innovation – The significance of Bangalore for CoinSwitch lies in the company’s deep roots within the vibrant tech ecosystem of the city. Bangalore is at the core of CoinSwitch’s success, embodying the city’s spirit of innovation and entrepreneurship. As home to 8.3% of India’s nearly 1.9 crore crypto investors, the city’s robust tech ecosystem has been essential in CoinSwitch’s mission to democratize investments and make wealth-tech accessible to all Indians.

As per CoinSwitch’s India portfolio 2023 report, Bangalore, alongside Delhi and Mumbai are among the top 10 cities with the highest crypto adoption in India.

Mentioned below are some key data points from Bangalore

• Most active age group: 26-35 years
• Over 11.66% of users (app+pro) from Bangalore are women

The city’s tech landscape has played a crucial role in shaping CoinSwitch’s journey towards democratizing investing and making wealth-tech accessible to all Indians. Additionally, Bangalore’s reputation as a hub for innovation and entrepreneurship aligns with CoinSwitch’s mission to revolutionize the financial investment landscape in India. The company’s presence not only reflects its origins but also underscores its commitment to innovation, diversity, and technological advancement within the dynamic tech ecosystem of the city.

Mentioned below are some key data points from Karnataka

• Most active age group: 26-35 years
• Out of the total CoinSwitch users 6.6% are from Karnataka.
• Over 11.60% of users (app+pro) from Karnataka are women

Government initiatives, such as Startup Karnataka, have actively supported CoinSwitch’s efforts to promote blockchain-based solutions, demonstrating the government’s commitment to fostering a conducive environment for tech startups. CoinSwitch has hosted blockchain hackathons like “Building Future Cities” in collaboration with Startup Karnataka to stimulate blockchain-based solutions for everyday problems faced by India’s population, showcasing a commitment to fostering innovation and empowering young innovators. Bangalore’s vast pool of skilled tech professionals has enabled CoinSwitch to attract and retain top talent, crucial for driving its mission to democratize investments and make wealth-tech accessible to all Indians.

By being a part of Bangalore’s blockchain tech ecosystem, CoinSwitch has collaborated with other startups, investors, and industry players to drive innovation, explore new opportunities, and stay at the forefront of technological advancements in the Web3 space.

Looking Forward

The company is poised to continue its growth trajectory, with plans to expand its product offerings and user base. The company remains committed to its vision of making wealth creation accessible and equitable for all, leveraging technology and innovation to achieve this goal. As it moves forward, the focus will remain on relentless innovation and maintaining high standards of regulatory compliance.

Coinswitch: Pioneering Growth And Innovation From Bangalore, India’s Silicon Valley

रायगढ़ 7 नवम्बर : भारतीय रेलवे माल गोदाम श्रमिक संघ के महामंत्री व माननीय अभिभावक अरुण कुमार पासवान, राष्ट्रीय प्रभारी मनोरंजन कुमार और राष्ट्रीय संगठन मंत्री दिगंबर प्रसाद मेहता के अथक प्रयास से महाराष्ट्र राज्य के माल गोदाम श्रमिकों के लिए राज्य डिप्टी चीफ लेबर कमिश्नर ने ई- श्रम पोर्टल में डेटा संग्रह करने के लिए राज्य के तीन रेलवे जोन के जीएम को पत्र भेजा है। इससे मुम्बई राज्य के श्रमिकों को मालगोदाम में पंजीकरण किये जाने का रास्ता साफ हो गया है, जो श्रमिक भाइयों के लिए खुशी की बात है। इस उपलक्ष्य में भारतीय रेलवे मालगोदाम श्रमिक संघ के मुम्बई जोन की तरफ से एक दीपावली मिलन समारोह का आयोजन रखा गया है। इस आयोजन का मुख्य उद्देश्य दीपावली मिलन के साथ-साथ डिप्टी चीफ लेबर कमिश्नर द्वारा रेलवे जोन को भेजे गए पत्र के आलोक में श्रमिकों के बीच खुशियों को साझा करना है। यह बाते भारतीय रेलवे माल गोदाम श्रमिक संघ के दक्षिण पूर्व मध्य रेलवे

बिलासपुर जोन के अतिथि हिम बहादुर सोनार ने कही। इसका आयोजन गोखले सभागृह मंगल कार्यालय, ओल्ड पनवेल, रायगढ़ में किया गया। आगे श्री सोनार ने बताया कि इसको लेकर राज्य के डिप्टी चीफ लेबर कमिश्नर ने सेंट्रल रेलवे मुम्बई, वेस्टर्न रेलवे मुम्बई और कोंकण रेलवे नवी मुम्बई को पत्र जारी करते हुए इन रेलवे जोन के विभिन्न माल गोदामों में कार्यरत श्रमिकों को ई-श्रम पोर्टल से जोड़ते हुए डेटा उपलब्ध कराने को कहा है। उनके उक्त आदेश से माल गोदाम के श्रमिकों के लिए गोदाम में पंजीकरण का रास्ता साफ हो गया है। श्रमिकों के लिए संघ ने जो केंद्र सरकार से मांग की थी, उसकी पहली सीढ़ी श्रमिकों ने तय कर ली है। जल्द ही खुशियां भी उन्हें मिलेगी, जिसके लिए भारतीय रेलवे मालगोदाम श्रमिक संघ प्रयासरत है। यह पत्र डिप्टी चीफ लेबर कमिश्नर ने 1 नवंबर 2023 को जारी किया है। इस दौरान भारतीय रेलवे माल गोदाम श्रमिक संघ के आयोजक सेंट्रल रेलवे जोन के अध्यक्ष विशाल विजय भगत तथा जोन के सचिव संतोष अरुण थोरात के साथ जोनल, राज्य, डिवीज़न के सभी पदाधिकारी उपस्थित थे। मुख्य अतिथि के रूप में बिलासपुर जोन के अध्यक्ष हिम बहादुर सोनार मौजूद थे

विशाल भगत अध्यक्ष

संतोष थोरात सचिव

श्रमिकों का मालगोदाम में पंजीकरण का रास्ता साफ, राज्य डिप्टी चीफ कमिश्नर ने तीन रेलवे जोन को भेजा पत्र -दीपावली मिलन समारोह के जरिये श्रमिकों ने बाँटी खुशियां

The Song recording of emotional & heart breaking hindi video album Ek Ladki Staring Aman Verma, Gorgeous actress Ruchi Gujjar and Jubin Saha held at Krishna Studio Mumbai under the banner of Filmy Clap Production house. The Beautiful lyrics panned and directed by bollywood very talented Director Sajan Agarwal. The song composed by Sumit Saha and sung by Singer Rishabh Giri.  It’s being produced by Guruji Kailash Raigar.

Director Sajan Agrawal recorded his second song after Maa O Maa which mark comeback of Mandakini in Bollywood. Director Sajan Agarwal introducing Ruchi Gujjar through this video. Aman Verma Ruchi Gujjar and Jubin Saha will grove on Director Sajan Agarwal tune.

Ruchi Gujjar Aman Verma and Jubin Saha will be seen in love triangle story. The song will shoot at beautiful location in Mumbai. Before the end of year 2022 audience will get fabulous treat of this Most heart breaks & emotional Bollywood Song which is conceptualize by Sajan Agarwal.

It clearly indicates that Ruchi Gujjar and Jubin Saha is a rising star in Bollywood.

Director Sajan Agarwal recorded Ek Ladki Song staring Aman Verma Ruchi Gujjar and Jubin Saha

Jaya Sawant the mother of Producer Director Rakesh  Sawant and Actress Rakhi Sawant Aged 72 has been admitted to hospital At  Criti Care Juhu For Major operation Open Heart Surgery for which appx. operation cost is whooping 6Lakhs.

We the team on News Broadcasting Service and  Wonder Web World Pray to God For the successful operation and speedy recovery.

Jaya Sawant the mother of Producer Director Rakesh  Sawant and Actress Rakhi Sawant.

Mumbai – UFC GYM pledges to explore, adapt and innovate new forms of physical training across its centres. And, to carry forward this strong vision, they have integrated a holistic programme of Brazilian Jiu Jitsu at their Bandra facility spearheaded by Brazilian Master Coach Paulo Santos.

In the presence of the cabinet minister for Animal Husbandry, Dairy Development,Sports & Youth Welfare of Maharashtra, Shri. Sunil Kedar, H.E João de Mendonça Lima Neto, Consulate General of Brazil and Mr. Ziauddin Khatib, 3-time World Kickboxing Champion & President of Jiu Jitsu Association of Maharashtra, Mr. Farzad Palia and Mr. Istayak Ansari Master Licensees of UFC GYM India announce the commencement of the programme.

Brazilian Jiu-Jitsu (BJJ) is a world renowned ancient martial art & combat sport based on principles of ground fighting & submission. It focuses on getting an opponent to the ground in order to neutralize possible strength or size advantages involving joint-locks and chokeholds.

Overcome any challenger, regardless of the size. This self-defence system is a total body workout!

“Self-defence is a valuable skill that protects and even raises confidence. We are keen to promote this particular sport to empower women and children to defend themselves in times of crisis. Through these techniques one can leverage their own strength and defeat any opponent, thereby safeguarding themselves. While collaborating with Jiu Jitsu Association of Maharashtra, we aim to provide a platform with international level of exposure to all the young athletes who are enthusiastic to carve their niche in this sport, We thank everyone from the fraternity to help us in launching and promoting this sport and making it a success”, share Mr.FarzadPalia and Mr. IstayakAnsari.

BJJ is an interesting sport & alternate fitness regime that makes one focused and alert for self-defence along with building great physical strength.

Mr. Ziauddin Khatib, 3-time World Kickboxing Champion & President of Jiu Jitsu Association of Maharashtra shares, “It’s a great honour for us to train under Professor Paulo Santos from Brazil who is a 3rd degree black belt in BJJ and has more than 23 years of experience in the sport. Brazilian Jiu-jitsu at UFC GYM Bandra, will be very helpful to all our athletes as they will get the required exposure and knowledge about how the top performing countries and athletes train to achieve success in this particular sport.”

Whether ground fighting is your go-to training method, or you’ve never set foot on a mat, BJJ is recommended for one and all.

UFC GYM programming has been developed through exclusive access to the training regimens of internationally-acclaimed UFC® athletes and world-class Fitness Directors. The company’s unique Train Different approach provides members with everything they need for the entire family to move, to get fit and to live a healthy life regardless of their age or current athletic ability.

For more information about UFC GYM Bandra, please visit ufcgym.in, or follow the gym on Instagram at @ufcgymbandra.

Brazilian Jiu Jitsu Now At UFC GYM  Bandra

Four-time National Award-winning and three three-time Filmfare winning Veteran Art Director Nitin Desai is once again a Newsmaker. This time for organising the MahaUtsav to bring out the art,  culture and heritage  of Maharashtra  encompassing a musical  tribute to Bharat Ratna Lata Mangeshkar at the sprawling 52 acre ND Film Studios at  Karjat.

On from April 28-May 1 (11am-10pm), the  art, culture, drama,movies, food and films, the MahaUtsav as the name suggests promises workshops, fashion et al as well. The Glitterati of Tinsel Town will obviously descend at the Festival, given Nitin Desai’s illustrious career  spanning over two decades with cult films like Hum Dil De Chuke Sanam, Lagaan, Devdas, 1942 — A Love Story,  Jodhaa Akbar, Parinda, Khamoshi, Maachis, Slumdog Millionaire, Such A Long Journey,   and recent megastarrers like Prem Ratan Dhan Payo among many others.  Nitin Desai is revered and appreciated for his work with directors like Ashutosh Gowarikar, Vidhu Vinod Chopra, Sooraj R Barjatya,  Rajkumar Hirani and Sanjay Leela Bhansali among others.

Considering that this festival is a tribute to the glorious  history of Maharashtra, looks like we are in for a colourful cultural extravaganza to welcome the post covid era.

Nitin Desai heralds post covid era with  cultural  MahaUtsav at ND Studios end-April, pays musical  tribute to Bharat Ratna Lata Mangeshkar