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Bitcoin meetups in Bangalore: how a coffee-shop group ended up at the Leela Palace

Bangalore's Bitcoin meetup began around 2012 in coffee shops, moved to the Leela Palace, and launched Unocoin in December 2013. How it worked.

By Sunny Ray, co-founder of Unocoin · · 7 min read

Bitcoin meetups in Bangalore go back to around 2012. I started the first one I know of after moving to Bangalore for a robotics company. It began in coffee shops, outgrew them, and moved to the Leela Palace, where about a hundred people came every Saturday. In December 2013 that group ran a large event it called the Global Bitcoin Conference, and Unocoin, India's first Bitcoin platform, launched there.

If you are searching for a Bitcoin meetup in Bangalore today, the honest answer is that groups come and go, and the best way to find a current one is to ask in the communities you are already part of, or start one. This post is about how the first one worked, because the reasons it worked still apply.

Why I started a meetup

I moved to Bangalore in 2011 to work for a robotics company. Around 2012 I found Bitcoin, and something clicked. I had watched computers, the internet and smartphones change everything, mostly from the outside. I was determined not to watch the next one from the outside too.

Back in Toronto I used to go to Bitcoin meetups, and in Bangalore I missed them. There was no room to walk into where people were talking about this. So I made one. That is really the whole origin story. Not a plan, not a business. I wanted people to talk to.

From coffee shops to the Leela Palace

The first meetups were in coffee shops, a handful of people around a table. Word spread, and soon the coffee shops could not hold us.

When we needed a bigger venue, I made a deliberate choice. We moved to the Leela Palace, a six-star hotel. The reason was perception. At the time, a lot of people thought Bitcoin was funny money, something for hackers and gamblers. Meeting in a serious place sent a signal that this was a serious subject, discussed by serious people. It changed who walked in the door, and it changed how they listened.

By then about a hundred people were coming every Saturday. That is a lot of people giving up a weekend morning for an idea most of the country had never heard of.

The things we tried

A meetup is not just a lecture. People want to do something. Ours did plenty.

Once, the group pooled bitcoins and sent someone to New York to buy a couple of Avalon mining machines. The mining project failed. It did not matter much. We learned what mining actually involved, which no article could teach, and we kept trying other things. That spirit, of trying things and learning from what broke, was the best part of the group.

The question everyone asked

Every week, someone would come up after the discussion and ask the same thing: can I buy some Bitcoin?

The honest answer back then was, not easily. The options were Mt. Gox or Bitstamp, and getting money to either from India was hard. There was one very basic local site. For an ordinary person who had just heard about Bitcoin and wanted to own a little, there was no simple path.

The spark came from a conversation with David Johnston, who asked me a simple question: is there anything like Coinbase in India? There was not. That gap was the beginning of Unocoin.

December 2013: the conference and the launch

By late 2013 the meetup group was big enough to run something bigger. In December 2013 we organised a large event in Bangalore and called it the Global Bitcoin Conference. Unocoin launched there.

What came next was not gentle. In our first week, as I remember it, about 30 people from the tax department showed up at our office, when our team was only a handful of people. On 24 December 2013 the RBI issued a press release cautioning users, holders and traders of virtual currencies, including Bitcoins, about financial, operational, legal and security risks. More notices followed over the years, then the April 2018 banking ban, and then the Supreme Court judgment of 4 March 2020 that set that ban aside. That longer story is on our Supreme Court page.

But it started in a coffee shop, with people who wanted to understand something new.

What community still does that apps cannot

Today you can open an app, complete KYC and buy Bitcoin in minutes. That is a huge change from 2013. But some things an app cannot do.

  • It cannot argue with you. In a room, someone challenges your idea and you have to defend it or drop it. That is how understanding forms.
  • It cannot warn you in time. Many scams spread through WhatsApp groups and fake support calls. A community that talks openly catches them early. One rule everyone in a good group repeats: no genuine support team will ever ask for your OTP, password or recovery phrase.
  • It cannot steady you. When the price falls sharply, as Bitcoin's price does, people alone tend to panic. People in a room tend to compare notes, slow down, and think.
  • It cannot introduce you. The person next to you at a meetup might be your next co-founder, colleague or teacher. A feed rarely is.

What I would do differently today

If I were starting the Bangalore meetup again in 2026, I would keep the venue lesson and change the content. Back then, half the evening was explaining what Bitcoin was. Today, I would spend more of it on the things that hurt people in practice: how to spot a fake support call, how to test a withdrawal, how India taxes a sale, why losses cannot be set off. I would also invite a chartered accountant once a quarter. The questions people bring to a room have changed, and a good meetup changes with them. One thing I would not change: the first ten minutes for newcomers. Someone in the room is always there for the first time, and how you treat them decides whether they come back.

How to find or start one

If you are in Bangalore or anywhere in India and want a Bitcoin community, here is what I would do.

  1. Ask at your college, your workplace, your tech groups. There is usually someone else curious.
  2. If nothing exists, start small. Four people at a coffee shop is a meetup.
  3. Keep it about learning. Ban price predictions and token shilling at the door. It keeps the room useful and keeps out people who want to sell to your members.
  4. Pick one topic a week. Wallets one week, tax the next, the whitepaper the week after.
  5. Never collect money for anyone's scheme. A meetup that starts pooling funds for an investment is no longer a meetup.

And remember the context: crypto products are unregulated in India and can be highly risky, with no regulatory recourse for losses. A good community is the best protection I know against bad decisions, because it makes you explain yourself before you act.

If you want a steady source of plain-English updates on Bitcoin rules and tax in India between meetups, the India Bitcoin Brief is one short email a week. Education, not advice. Our early story is also on the home page.

Common questions

Are there Bitcoin meetups in India?

Yes, in several cities, though groups come and go. Ask in local tech, college and work communities, or start a small one yourself.

When did Bitcoin meetups start in Bangalore?

Around 2012. Sunny Ray started a meetup that began in coffee shops and moved to the Leela Palace, with about a hundred people every Saturday.

How did Unocoin start?

From the question people kept asking at the Bangalore meetup: can I buy some Bitcoin? Unocoin launched in December 2013 at the group's Global Bitcoin Conference in Bangalore.

How can I find a Bitcoin community near me?

Ask in communities you already belong to. If none exists, start one with a few people and keep it focused on learning, not prices or tokens.

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