The updates say Google executive Pankaj Gupta Joins Coinbase, a cryptocurrency exchange platform as its India Site Lead and VP Engineering. The company is aggressively looking forward to hiring hundreds of employees across various roles in the next 1 to 2 years.
Pankaj Gupta was leading Google Pay Engineering in APAC, and India earlier said in a recent blog post “India has world-class tech expertise and some of the brightest minds in the industry. Coinbase plans to tap and develop this local talent”.
He also added while joining Coinbase- Specifically, the plan is to hire hundreds of employees across all levels in engineering, product management, UX design, research, and program management within the next one-two years to build out a full tech hub in India. Together, we’ll work on some of the most interesting challenges spanning the full modern tech stack — including deep tech areas like blockchains, data engineering, infrastructure, machine learning, and more,” he said.
Moreover, the additional plans to explore startup acquisitions and acquisition-hires, and broadening the workforce with ample expertise to lead the marketplace.
The United States-based Coinbase had a blockbuster debut in the latest US listing or stock exchange NASDAQ with a valuation of $86 billion last week. Moreover, on 25 March, the firm said it would set up its base in Hyderabad and will commence a talent hunt even as uncertainty around the regulation for cryptocurrency continues.
Coinbase is currently valued at $64 billion and is making its way into the Indian market, and that’s the reason to hire a former Google executive, to support them further, and help them in doing the job. He was Google Pay’s former engineering lead in Asia Pacific and India, as the vice president of holding and site lead for the Indian market.
This well-thought move is taken at a time when the Indian government is mulling a ban on cryptocurrency, which the industry said would be a reversal, but with faith, the firm decided to move further. Infosys Chairman Nandan Nilekani said during a recent event that Indians should be allowed to have crypto as an asset class, to grow and move with trends.