Crypto Exchange Gemini Expands Indian Footprint with Major Investment

Gemini, the global cryptocurrency exchange and custodian, is set to expand its presence in India with ambitious plans to invest INR 200 crore ($24 million USD) in its Gurgaon technology development center over the next two years. This announcement comes as Gemini recently opened its office within the Cyber Hub at Campus Cyber Greens, solidifying its commitment to the Indian market.

Gemini’s Gurgaon office is rapidly becoming a significant hub for the company’s global operations, with over 70 world-class employees already in place. These professionals are working across various domains, including engineering, design, and operations, contributing to the development of cutting-edge products and services used by customers in over 70 countries worldwide.

The Gurgaon team will also play a crucial role in maintaining the core platform fundamentals, focusing on compliance, data pipelines and warehousing, security, and payments. This expansion will complement Gemini’s existing workforce of 500+ employees spread across the globe.

In a bid to further strengthen its presence in India, Gemini is actively recruiting for various key positions within its Gurgaon office. Job opportunities span across software engineering, technical product management, people operations and talent acquisition, finance, support, and compliance.

A Global Technological Force

Gemini’s decision to deepen its investment in India is not arbitrary. India has earned its reputation as a hub for top-tier technology talent, attracting some of the world’s leading technology companies. The Indian government’s “Startup India” initiative, launched in 2016, has played a pivotal role in fostering a thriving startup ecosystem, now ranked third globally.

India’s recent success with the Chandrayaan-3 mission, becoming the first country to land a spacecraft on the moon’s unexplored south pole, exemplifies its growing prowess in the technological domain. The country has become a force to be reckoned with on the global stage, and Gemini is eager to be part of this transformation.

Pravjit Tiwana, CEO of APAC and Global CTO of Gemini, aptly recognizes India’s role as a leading global hub for entrepreneurship and technological development. He expresses enthusiasm for Gemini’s continued growth in India, as the company strives to unlock new frontiers of financial, creative, and personal freedom through crypto and Web3 innovation.

Gemini’s commitment to INR 200 crore investment in Gurgaon is a testament to the trust and confidence it places in the Indian tech ecosystem. The center’s multifaceted contributions, spanning engineering, design, compliance, security, and more, will likely ripple through the industry, setting new standards for innovation, security, and user experience.

As Gemini’s investments in India continue to grow, it is clear that the country is poised to play a pivotal role in shaping the future of the cryptocurrency and blockchain industry. With an already impressive team in place and plans for expansion, Gemini’s Gurgaon office is set to become a driving force in the company’s global operations.