Key Takeaways
- • CoinSwitch Ventures is rebranding as BlackLane Capital, an independent global early-stage investment firm that plans to write cheques of up to $5 million across fintech, enterprise infrastructure, consumer applications, artificial intelligence and digital assets.
- • The platform aims to enable more than $100 million in startup funding over the next five years, building on a portfolio of more than 26 companies.
- • BlackLane Capital will invest from seed to Series B, according to co-founder Ashish Singhal, and has not set fixed sector allocations.
- • The pivot follows CoinSwitch turning profitable in FY26, with revenue more than doubling year-on-year and more than $300 million raised from investors.
- • Singhal states the firm is not moving away from Web3 and that digital assets will remain part of its strategy alongside other sectors.
Summary
CoinSwitch Ventures is stepping beyond its crypto and Web3 roots as it rebrands as BlackLane Capital, an independent global early-stage investment firm, according to an interview with co-founder Ashish Singhal published by The Economic Times. The firm plans to write cheques of up to $5 million across fintech, enterprise infrastructure, consumer applications, artificial intelligence and digital assets. The investment platform aims to enable more than $100 million in startup funding over the next five years, building on a portfolio of more than 26 companies built during the past three years of Web3 investing. The pivot comes as CoinSwitch turns profitable in FY26, with revenue more than doubling year-on-year and more than $300 million raised from investors.
Singhal said the rebrand reflects a view that founding fundamentals, including solving a real problem, understanding customers, building a strong team and executing consistently, are not confined to one sector. He stressed that the firm is not moving away from Web3, describing it as where the firm began and where it continues to see opportunities. Digital assets will remain part of the strategy alongside AI, fintech and enterprise infrastructure. BlackLane has not set fixed allocations across sectors, with Singhal saying opportunities will be evaluated on their own merits, including market size, problem importance and team execution.
On stage and structure, Singhal said BlackLane expects to invest from seed to Series B, with cheque sizes of up to $5 million. Beyond capital, the firm plans to offer operating support through the wider PeepalCo ecosystem, including introductions to industry relationships and investors, and may participate in subsequent funding rounds. Singhal said the $100 million figure is an ambition for funding enabled through the broader network rather than a statement about fund size, and that the split between direct investments and co-investor capital has not been announced.
Singhal also outlined thematic views, pointing to AI lowering the cost of building and scaling technology products and creating opportunities for Indian founders to think globally from inception. He cautioned that international expansion requires attention to distribution, pricing, local regulation and competition from the outset.
Singhal said the rebrand reflects a view that founding fundamentals, including solving a real problem, understanding customers, building a strong team and executing consistently, are not confined to one sector. He stressed that the firm is not moving away from Web3, describing it as where the firm began and where it continues to see opportunities. Digital assets will remain part of the strategy alongside AI, fintech and enterprise infrastructure. BlackLane has not set fixed allocations across sectors, with Singhal saying opportunities will be evaluated on their own merits, including market size, problem importance and team execution.
On stage and structure, Singhal said BlackLane expects to invest from seed to Series B, with cheque sizes of up to $5 million. Beyond capital, the firm plans to offer operating support through the wider PeepalCo ecosystem, including introductions to industry relationships and investors, and may participate in subsequent funding rounds. Singhal said the $100 million figure is an ambition for funding enabled through the broader network rather than a statement about fund size, and that the split between direct investments and co-investor capital has not been announced.
Singhal also outlined thematic views, pointing to AI lowering the cost of building and scaling technology products and creating opportunities for Indian founders to think globally from inception. He cautioned that international expansion requires attention to distribution, pricing, local regulation and competition from the outset.
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