Krypto
Founded 2019 · 21 employees on LinkedIn · 2 known investors
Krypto is a cryptocurrency platform for buying, selling, trading, and transferring digital assets, aimed at retail crypto users in India. The platform emphasizes low trading fees and secure digital asset management, though it has suspended new registrations and purchases due to Indian regulatory requirements.
Also known as Inventphile Ventures Pte Ltd · Let's Krypto
Investors · 2
Company profile
researched Aug 2026Krypto is a cryptocurrency trading platform operated by Inventphile Ventures Pte Ltd, a Singapore-registered entity, and oriented toward retail users in India. Its product set covers a crypto exchange for buying and selling digital assets, a free cryptocurrency transfer feature for sending crypto to recipients anywhere in the world, and a mobile app positioned as a general-purpose crypto companion. The company frames its platform around ease of use for less experienced traders, platform security, and low trading fees.
According to the company, Krypto has been used by more than 200,000 users and has processed over $100 million in cumulative trading volume, with an app rating of 4.4 stars. The site also references a figure of more than 800,000 people using Krypto.
Krypto has suspended all new registrations and purchases of virtual digital assets, citing evolving regulatory requirements in India. Withdrawals remain operational, and existing users have been directed to sell and/or withdraw all INR and crypto balances before 30 July 2026.
Business model
Krypto operates a consumer-facing crypto exchange and wallet/transfer service, positioning itself on the lowest trading fees in the market; crypto-to-crypto transfers between users are offered free of charge.
Trading fees on exchange activity, which the company markets as the lowest in the market; peer-to-peer crypto sending is advertised as free.
Traction
The company reports more than 200,000 users, over $100 million in cumulative trading volume, and a 4.4-star app rating; a separate figure of more than 800,000 people using Krypto also appears on its site.
Latest developments
Krypto has suspended all new user registrations and purchases of virtual digital assets in response to evolving Indian regulatory requirements. Withdrawals continue to operate, and existing users have been asked to sell and/or withdraw all INR and crypto balances before 30 July 2026, with support handled via email.
▸Full profile — market position, technology, go-to-market, geography, risks & controversies
Market position
Krypto positions itself as a retail crypto exchange in the Indian market, backed by investors and operators associated with earlier Indian crypto and fintech businesses, and reliant on external liquidity and custody partners rather than fully in-house infrastructure.
Technology
The platform is built as a hosted exchange and digital asset management stack with an emphasis on security controls for traders' holdings. Custody is provided through BitGo Wallet, which the company describes as carrying $100 million in user insurance, and Stellar is named as a blockchain partner. Binance is named as a liquidity partner serving professional traders.
Go-to-market
Retail cryptocurrency buyers, sellers and senders in India, including first-time users, alongside professional traders served via partner liquidity.
Geography
Primarily serves users in India and is subject to Indian regulatory requirements; the operating entity, Inventphile Ventures Pte Ltd, is registered at 68 Circular Road, Singapore. Crypto transfers are advertised as available to recipients worldwide.
Risks & controversies
Regulatory change in India led the company to halt new registrations and virtual digital asset purchases and to instruct existing users to exit INR and crypto balances by 30 July 2026, effectively winding down customer-facing trading activity. Traction figures cited on the company's own site are internally inconsistent, referencing both 200,000+ users and more than 800,000 people using Krypto.
Compiled by commissioned research from 1 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Timeline · 1
launches, deals, and filingsCiting evolving regulatory requirements in India, Krypto suspended all new registrations and purchases of virtual digital assets. Withdrawals remain fully operational, and existing users were advised to sell and/or withdraw all INR and crypto balances before 30 July 2026.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
▸Research sources · 1
primary sources listed
- Kryptoletskrypto.com · web
1 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Krypto do?
- Krypto is an India-focused crypto trading app for buying, selling and sending digital assets, with 200,000+ users.
- Who are Krypto's investors?
- Krypto's investors include Flucas Ventures, Kube VC.