US-based cryptocurrency exchange Gemini has announced plans to invest $24 million in its technology and crypto hub in India. The exchange is set to hire additional staff in compliance, software engineering, and support to bolster its workforce at the Gurgaon center. Gemini’s CEO of Asia Pacific, Pravjit Tiwana, stated that the company is deepening its investment in India due to the country’s reputation for top technology talent. The funds will be used to grow the development center, support the global growth of the crypto ecosystem and enhance core platform fundamentals, including compliance and security.
Growing Crypto and Web3 in India
Gemini launched its Gurgaon technology development center in May and has already expanded to over 70 employees. Despite the uncertain regulatory landscape in India, the company sees the country as a leading entrepreneurial and technological development hub. The expansion aims to bring cryptocurrency and Web3 technology to a wider audience. In addition to hiring software engineers and technical product managers, Gemini is actively recruiting talent in finance, customer support, and compliance.
What is Gemini?
Gemini is a US-based cryptocurrency exchange.
Why is Gemini investing in India?
Gemini is investing in India to tap into the country’s pool of top-notch technology talent and to expand its presence in the thriving cryptocurrency market.
What will the investment be used for?
The $24 million investment will be used to grow Gemini’s development center in Gurgaon, support the global growth of the crypto ecosystem, and enhance core platform fundamentals.
What positions is Gemini hiring for?
Gemini is actively recruiting for positions in compliance, software engineering, support, finance, customer support, and compliance.
How will the expansion benefit the crypto ecosystem in India?
The expansion of Gemini’s development center in India aims to support the overall growth of the crypto ecosystem in India and around the world, bridging the gap and bringing cryptocurrency and Web3 technology to a wider audience.