http://techcrunch.com/2014/08/11/silberts-bitcoin-opportunity-fund-drops-250k-on-india-based-unocoin/Despite some early moves that raised questions about Bitcoin’s legality in the country, the Indian market and its sheer size is still enticing to investors.
Barry Silbert, a longtime Bitcoin enthusiast and founder of SecondMarket, just invested $250,000 in Unocoin. The company, which handles trading, merchant processing and storage for the currency, is based just outside Bangalore in Tumkur, India.