Key Points: CoinDCX Ventures is the investment arm of Indian cryptocurrency exchange CoinDCX. It plans to deploy 500 millions rupees (or $6.047 million) in 2023 in order to invest in scaling platforms, development tools and DeFi. Rohit Jain, the managing director of CoinDCX Ventures said that he is optimistic about DeFi and believes that DeFi will continue to thrive.