http://www.thehindu.com/business/Industry/bitcoin-startup-unocoin-gets-overseas-funding/article6321677.eceNotwithstanding the uncertainty surrounding the future of Bitcoins, the digital currency, particularly in the wake of Reserve Bank of India's (RBI) December 2013 public advisory over risks involved in dealing with virtual currencies, Unocoin, a Bitcoin start-up from Karnataka, has received $250,000 investment from an overseas venture capitalist.
Unocoin, with offices in Bangalore and Tumkur, has been providing Bitcoin trading, storage and merchant processing to the public since December 2013.
