Crypto exchange CoinDCX appoints Mridul Gupta as COO

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NEW DELHI: CoinDCX, India’s first crypto unicorn, announced on Wednesday the appointment of Mridul Gupta as the company’s chief operating officer. According to the exchange, Mridul will focus on strengthening CoinDCX’s product portfolio, marketing, partnerships and operations, with a view to accelerating the strategic growth of the company.

Mridul, an electrical engineering graduate from IIT Delhi, was previously the Strategy Director of the Pine Labs trading platform. Previously, he worked with Stellaris Venture Partners, Goldman Sachs and in his own startup.

Commenting on the appointment, Sumit Gupta, Co-Founder and CEO of CoinDCX, said, “We are growing rapidly and are seeing tremendous interest and enthusiasm for crypto in India. With increasing legitimacy, we would see even faster adoption. Mridul joins us at an exciting time in CoinDCX’s growth journey. With his proven track record of building and scaling teams in various markets, I am confident that Mridul will drive our growth and fuel the success of CoinDCX into the next orbit. “

The appointment comes as CoinDCX looks to take the next step in its growth strategy and strengthen its leadership team.

“India is experiencing spectacular growth in the demand for digital assets, and I am very happy to contribute to this space by joining CoinDCX. I look forward to working closely with the team to drive the growth of CoinDCX business and strengthen India’s leadership in a decentralized future, ”said Mridul.

Established in 2018, CoinDCX has over six million Indian users. The exchange recently became India’s first crypto unicorn, raising $ 90 million in its Series C funding round, led by B Capital Group of Facebook co-founder Eduardo Saverin, along with other investors.

Meanwhile, another crypto exchange, ZebPay, announced on Wednesday the appointment of Raj Karkara as chief operating officer. Karkara had joined ZebPay as Commercial Director in September 2020 and recently was promoted to Marketing Director. With this change in role, in addition to Marketing, Raj will now oversee Product Management, Commerce, OTC, Global Growth and Operations (Customer Service and Excellence).

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