There's ethexindia but their KYC process is fu*cked up.
It's been more than 20 days since I submitted my docs yet nothing happened.
its run by the same guys as btxindia, which is resurrecting itself by now offering Ripple (XRP) trading instead of BTC.
i submitted my docs last night, and spoke to their Customer Support today who told me they have seen a sudden surge in applications so I should wait atleast a week.
i questioned him about btcxindia shutting down its BTC trading last year and he simply said "we chose to suspend BTC and now we decided to switch to XRP". i further asked about shutting down BTC trading as a directive from the indian central bank, which he flat out denied and said they chose to 'suspend' BTC trading (it has been 'suspended' for a year now).