Key Highlights:
- After opening an engineering plant in Gurgaon, India, Gemini names Pravijt Tiwana as the CEO of the region.
- He will direct the go-to-market strategy, manage profit and loss, and introduce and broaden region-specific products and services as CEO of Gemini APAC.
According to a source, Gemini, a US-based cryptocurrency exchange, is preparing to collaborate with Indian engineering experts as it grows its presence in Asia. According to reports, the company has opened an office in Gurugram and is aggressively looking to hire Indian software developers and technical product heads. Working on Web3, decentralized finance (DeFi), non-fungible tokens (NFT), and decentralized autonomous organizations (DAO) technologies are the responsibilities of this new personnel. Many cryptocurrency companies, including Coinbase and Algorand, have shifted their emphasis in recent years to recruiting Indian developers for their staff.
According to a TechAsia report, Gemini intends to make India its second-largest engineering base. According to reports, Pravjit Tiwana has been chosen to lead Gemini’s Asia-Pacific (APAC) operations. He formerly served as the crypto exchange’s global Chief Technology Officer (CTO).
According to Tyler Winklevoss, “Gemini has ambitious intentions for international expansion in APAC this year. The initial step in this process is to establish technical and product teams in India. In order to implement GTM [go to market] strategies focused on expanding our individual and institutional customer base in this region, we will also be extending our business teams in Singapore and India.”
Tiwana will manage Gemini’s goods and services throughout the APAC region as part of his duties, according to the article. In addition to India, Gemini wants to increase its service offerings in Singapore. After weathering the cryptocurrency winter of 2017, Gemini was in a cash pinch. Tyler and Cameron Winklevoss, the company’s founders, put $100 million (approximately Rs. 820 crores) of their funds at the time.
