Polygon founder Sandeep Nailwal, the iSeed Fund, KubeVC, and other angel investors contributed $1.5 million to KoinX, a Crypto Tax startup.
The funds will be used by the startup to scale its performance and reach more than five lakh investors by the second quarter of this fiscal year.
KoinX, founded by Punit Agarwal, helps cryptocurrency investors automate their payments by combining their portfolios and operations into a single platform and providing an integrated dashboard. It has collaborated with exchanges such as CoinDCX, Binance, Vauld, and WazirX.