Leading American cryptocurrency exchange Gemini has appointed veteran tech executive Sachin Ranglani as Head of India Operations, aiming to accelerate its expansion in the fast-growing market.
Ranglani joins Gemini from Indian fintech firm Paytm where he spent three years as Senior Vice President of Product Management. He also held senior roles at Uber, Amazon and Infosys.
Adding Proven Tech Leadership
Gemini invested $24 million into its Indian subsidiary as part of boosting local operations. Ranglani’s hiring in September leverages his wealth of experience scaling prominent tech brands in India.
According to Pravjit Tiwana, Regional CEO of Gemini’s India engineering center, Ranglani’s leadership will significantly contribute to realizing Gemini’s growth vision in coming years.
Aggressive Local Hiring Plans
Tiwana revealed plans to swell staff strength at Gemini’s Gurgaon hub from over 70 currently to 100 by end of 2023, ramping up to 200 employees by end of 2024.
This emphasizes India as a crucial talent base for Gemini as the exchange rolls out offerings tailored for both Indian retail and institutional crypto investors.
Offering Full Suite of Trading Products
On its website, Gemini stated its spot and derivatives crypto trading products are primed to serve the Indian market, complementing existing global operations spanning the US, UK, Ireland and Singapore.
With leading exchange infrastructure and local leadership locked in, Gemini appears well-positioned to capitalize on surging investor interest in cryptocurrencies as India emerges as a key crypto growth market.