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Top headlines: CoinDCX raises $135 mn; Lavrov says Ukraine op in new stage

Business Standard brings you the top headlines on Tuesday

Sergei Lavrov
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Sergei Lavrov. Photo: Bloomberg

BS Web Team New Delhi
Crypto exchange CoinDCX raises $135 mn in funding as valuation tops $2 bn

Indian crypto exchange CoinDCX has raised $135 million in its Series D funding round, with a valuation of over $2 billion. The round was led by Pantera and Steadview and saw participation from prominent investors like Kingsway, DraperDragon, Republic, and Kindred.

The latest funding round also saw existing investors such as B Capital Group, Coinbase, Polychain, and Cadenza increase their investments in CoinDCX. Read more

Refinery margins, inventory gains to offset losses on petrol, diesel: Fitch

State-owned fuel retailers IOC, BPCL and HPCL may suffer marketing losses in