Coinbase, the major cryptocurrency exchange, has announced that it will establish and lead a new tech hub for Coinbase in India.
It has been reported that the company said it has “ambitious plans” for the South Asian crypto hub and is looking to hire for many positions, including hundreds of engineers.
Pankaj Gupta, Coinbase’s Vice President of Engineering and Site Lead in India, said:
“There’s never been a more exciting time for builders working in crypto. This is true worldwide, but especially in India which is seeing a boom in crypto-native talent and in creating and growing important crypto projects. It is early days for our India tech hub but it has already taken off with an incredible amount of interest in our open roles from across India.”
However, Gupta joined Coinbase about two months ago to establish and lead a new tech hub for Coinbase in India.
He added that Coinbase is “also exploring startup acquisitions and acquihires.”
The report said that Coinbase is currently hiring senior and junior roles “across product management, user experience, design, and program management.” Gupta noted that the company is also “creating a core support team, in areas such as in HR and recruiting, to provide well-rounded support for our India hub.”
He further said:
“We have ambitious plans for this hub in the near future — we want to hire hundreds of world class engineers in the near term. As a product-led company, it’s important that our new hires in India truly understand the products and services that they are helping to deliver. That’s why we’re introducing a new program called CIkka — short for ‘Coinbase India Sikka’ — offering each new employee in India a one-time $1,000 in crypto when they start.”
Thus, Coinbase officially announced its expansion into India in March.