Key Points:
In a significant move, the exchange plans to bolster its presence in the country by doubling its workforce in the Gurgaon office over the next two years, expanding from the current 70 employees to more than 150.
Gemini India’s hiring comes on the heels of Gemini’s earlier revelation in May, when they inaugurated the Gurgaon technology development center in India. Now, they have unveiled the establishment of their office within the cutting-edge Cyber Hub at Campus Cyber Greens, a hub for crypto and technology innovation.
With over 70 world-class professionals already operating in Gurgaon, supporting various facets of the business, Gemini is poised to deepen its investment in India. They have earmarked an investment of INR 200 crore (equivalent to $24 million) for the expansion of their development center in Gurgaon over the next couple of years.
Gemini’s Gurgaon office will be the nerve center for professionals across engineering, design, and operations teams, tasked with creating products and services for customers spanning more than 70 countries globally. Additionally, the Gurgaon-based teams will play a pivotal role in core platform functions such as compliance, data pipelines, warehousing, security, and payments, complementing their robust global workforce of over 500 employees.
This strategic expansion underscores Gemini’s commitment to leveraging India’s thriving tech talent pool and its ever-growing prominence in the cryptocurrency and blockchain spaces.
DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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