Cryptocurrency exchange and custodian Gemini announced today that it will be investing ₹200 crore ($24 million USD) in India over the next two years. The investment will be used to grow Gemini’s development center in Gurgaon, India, which is already home to over 70 employees.
The Gurgaon office will be home to professionals across Gemini’s engineering, design, and operations teams, who will be responsible for developing products and services for customers around the world in 70+ countries.
Gemini is actively hiring for a number of key roles in its Gurgaon office including software engineers, technical product managers, people operations and talent acquisition, finance, support, and compliance.
The team will also be responsible for core platform fundamentals in the areas of compliance, data pipelines and warehousing, security, and payments, complementing Gemini’s 500+ strong global workforce.
The reason why Gemini chose to invest in India is that the government launched the “Startup India” initiative in the country. Gemini is a startup at heart, and the Indian government has built a robust support framework that allows startups to thrive.
In 2016, the Indian government launched the “Startup India” initiative, creating the conditions for a thriving startup ecosystem, which now ranks third globally.
Gemini is thrilled to build a presence in India and continue on its mission to unlock the next era of financial, creative, and personal freedom with crypto and Web3 innovation!