CoinSwitch is the more Indian-owned choice
CoinSwitch scores 63/100 vs WazirX at 42/100 on ownership — and it's Indian-owned.
63
CoinSwitch
42
WazirX
Brand Comparison
CoinSwitch vs WazirX
Quantify ownership structure, origin, and control signals in one view.
Derived from documented disclosures and scored consistently.
Indian-owned profile
CoinSwitch
India ownership score: 63/100
Foreign-owned profile
WazirX
India ownership score: 42/100
Comparison Fit
These brands map as direct alternatives within Cryptocurrency Platforms.
Profile match: segment:cryptocurrency platforms
Ownership Insight
CoinSwitch is Indian-owned. WazirX is owned by Zanmai Labs (operator) / Zettai Pte Ltd (Singapore, holding), headquartered in Singapore.
Score Breakdown
Equity ownership
CoinSwitch: 50%
WazirX: 0%
Manufacturing presence
CoinSwitch: 0%
WazirX: 50%
Revenue retention
CoinSwitch: 80%
WazirX: 50%
Strategic control
CoinSwitch: 100%
WazirX: 0%
Side-by-side Details
| Feature | CoinSwitch | WazirX |
|---|---|---|
| Country of origin | India | India |
| Headquarters | Bangalore | Mumbai |
| Founded | 2017 | 2018 |
| Parent company | CoinSwitch | Zanmai Labs (operator) / Zettai Pte Ltd (Singapore, holding) |
| Parent company country | India | Singapore |
| Manufacturing in India | 0% | 50% |
| Revenue retained in India | 80% | 50% |
| Ownership type | Indian Private Company | contested |
| Strategic control | India | mixed |
More comparisons in Cryptocurrency Platforms
Foreign Competitors
Frequently Asked Questions
Which is more Indian — WazirX or CoinSwitch?
CoinSwitch is more Indian with a score of 63/100 vs WazirX's 42/100.
Is WazirX Indian-owned?
WazirX is foreign-controlled with an Indian ownership score of 42/100, owned by Zanmai Labs (Global).
Is CoinSwitch Indian-owned?
CoinSwitch is Indian-owned with an Indian ownership score of 63/100.
Who owns WazirX?
WazirX is owned by Zanmai Labs (Global).
Who owns CoinSwitch?
CoinSwitch is owned by CoinSwitch (India).