Zebpay Raises $1 Million to Promote Bitcoin Wallet In IndiaIn India, Bitcoin is believed to pose legal, operational and regulatory challenges, according to the Reserve Bank of India. More recently, though, the same bank has endorsed blockchain technology. Riding on the tide of better international understanding of Bitcoin, an Ahmedabad-based startup Bitcoin exchange and wallet known by the name of Zebpay has managed to raise $1 million in series A funding to promote bitcoin and the blockchain throughout the South East Asian region.
http://bitcoinist.net/zebpay-raises-1-million-to-promote-bitcoin-wallet-in-india/
