CoinSwitch ropes in Havas Media Group India as media AOR

CoinSwitch ropes in Havas Media Group India as media AOR

This is the first major win for Havas in the Southern market this year.

CoinSwitch Havas Media Group

Mumbai: Following a highly competitive multi-agency pitch, Havas Media Group India has bagged the integrated media mandate of India's largest crypto investing app, CoinSwitch. This is the first major win for Havas Media Group India in the Southern market this year. 

The mandate includes both offline and online duties of CoinSwitch and will be handled out of the Bangalore office, led by Havas Media managing partner – South Saurabh Jain, said the statement.

"Crypto assets are a gateway to the future decentralised world, aka Web 3.0. Today's digital-savvy Indians are willing to experiment with this emerging asset class," commented CoinSwitch chief business officer Sharan Nair. "At CoinSwitch, as part of our mission to 'make money equal for all,' we are committed to improving user awareness and helping them make informed investment decisions using various mediums. We are delighted to partner with Havas Media. Their strategic, audience-centric, meaningful media approach will strengthen the effectiveness of our investor education initiatives, as we evolve into a wealth-tech destination of choice for Indians.” 

CoinSwitch has raised $260 million in Series C funding from Coinbase Ventures and Andreessen Horowitz (a16z) in September 2021, to become India's most valued crypto unicorn at a valuation of $1.9 billion. In January, the company crossed 15 million registered users and now plans to deliver diverse investment options to its growing customer base.

“We are proud to add a leading wealth tech unicorn CoinSwitch, that is helping users on their investment journey with crypto," stated Havas Media Group India CEO Mohit Joshi. "We look forward to partnering the brand in their next phase of growth and building awareness, and reaching the right audiences using Havas’s proprietary tools, Meaningful Brands & Media Experience (Mx).”