In the fast-evolving world of Indian fintech and crypto, two stories stand out today: the ascent of Dhan into the unicorn club, and the efforts of WazirX to revive itself after one of the biggest hacks in India’s crypto history. Both trajectories echo the challenges, risks, and opportunities of building financial infrastructure in a regulated, volatile market.
Dhan’s Ascent: A Unicorn with Strategy
Just recently, Dhan made headlines by crossing the unicorn threshold—raising $120 million (about ₹1,000 crore) at a valuation of $1.2 billion (roughly ₹10,000 crore). What’s striking is that this milestone comes at a time when the Indian market’s regulatory environment is tightening, especiall
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