Investment themes center on using AI to reduce barriers to building and scaling, helping Indian founders think globally, and pursuing opportunities in fintech, enterprise infrastructure, and consumer technology, while also engaging with digital assets.

CoinSwitch’s growth in India includes over 20 million registered users and FY26 revenue of ₹324.19 crore, up about 150% from FY25, with adjusted EBITDA of ₹86.38 crore, signaling disciplined growth and sustainable economics.

The announcement, dated October 13, outlines a broader strategy to back early-stage companies worldwide, not limited to crypto.

Ashish Singhal says CoinSwitch Ventures is rebranding to BlackLane Capital, an independent global early-stage fund expanding beyond Web3 to fintech, enterprise infrastructure, consumer apps, AI, and digital assets, with cheque sizes up to $5 million.

CoinSwitch Ventures has rebranded as BlackLane Capital and broadened its mandate beyond Web3 to global early-stage investments.

The firm aims to mobilize co-investors and strategic partners to create a broader funding network that supports founders through growth stages.

India’s crypto market is viewed as a long-term opportunity, with emphasis on platform security, user trust, and product improvements as the market matures.

While India remains a major market, the goal is to support global startups and leverage India's engineering talent to scale diverse companies.

BlackLane emphasizes a global approach, noting most of its 26 prior investments were global-first, with a belief that scaling challenges are similar across crypto and non-crypto sectors.

Investment decisions will be merit-based rather than sector-fixed, prioritizing real problems, large addressable markets, strong teams, and sustainable business models.

Digital assets will be evaluated with careful attention to regulatory and risk factors, alongside sector-specific considerations in fintech, enterprise infrastructure, and consumer sectors.

The rebrand signals a broader mandate rather than a retreat from Web3; digital assets remain a core pillar alongside other sectors, with flexibility to back founders across domains.