India's $COINSWITCH just posted insane numbers for FY26:
₹324 crore revenue (+150% YoY)
₹86.4 crore adjusted EBITDA (50x jump, 27% margins)
Opex only up 37% while revenue 150%—that's real operating leverage
20M+ users, 450+ assets supported. While most CEXs are bleeding or flat, CoinSwitch is printing in a market everyone wrote off.
India's crypto scene isn't dead. It's just not on your timeline.
₹324 crore revenue (+150% YoY)
₹86.4 crore adjusted EBITDA (50x jump, 27% margins)
Opex only up 37% while revenue 150%—that's real operating leverage
20M+ users, 450+ assets supported. While most CEXs are bleeding or flat, CoinSwitch is printing in a market everyone wrote off.
India's crypto scene isn't dead. It's just not on your timeline.
