Is WazirX legal or illegal in India?

Excuse me, could you clarify for me the legal status of WazirX in India? I've heard conflicting opinions on whether it's operating legally or not, and I'm trying to make an informed decision about using their platform. Could you provide me with a clear and concise explanation of WazirX's legal position in India, and perhaps also mention any relevant regulations or laws that apply to cryptocurrency exchanges in the country? Thank you for your time.