Coinbase to acquire India’s Agara for over $40M

Coinbase is acquiring the startup Agara, which operates an AI-powered customer support platform. The size of the deal is between $40 Mn and $50 Mn. Four-year-old Agara, which started its journey in India and runs operations in the U.S. as well, had raised about $7 million from Blume Ventures, RTP Global, UTEC Japan and Kleiner Perkins prior to the acquisition.