CoinDCX – The Story of Two Childhood Friends Behind India’s Largest Cryptocurrency Exchange

 

CoinDCX – The Story of Two Childhood Friends Behind India’s Largest Cryptocurrency Exchange

It was only after they both reunited when the CoinDCX idea popped up and they started working on it. Sumit is a software engineer turned entrepreneur who is the co-founder of CoinDCX as well as ListUp. Neeraj is an electrical Engineer who heads all the technical development at CoinDCX now.

History of CoinDCX

April 2018: Launch the platform CoinDCX

March 2019: raised funding

January 2020: Awarded as impactful emerging start-up

March 2020: closed its series A funding round ($3 million)

May 2020: series B funding ($2.5 million)

May 2021: 1 million app downloads

CoinDCX has raised ? 100 crores ($13.9 billion) in Series B funding.

Meet The IIT-Bombay Alumni Behind India's Largest Cryptocurrency Exchange

CoinDCX founders -- Sumit Gupta and Neeraj Khandelwal -- hailed from small towns and had dreams of setting up something big together.

The Founders of CoinDCX

Sumit Gupta and Neeraj Khandelwal are the hands behind creating the platform. Both of them are childhood friends and come from small towns. Their love for computers and passion for starting their own business got them into the crypto market. After completing their post-graduation from IIT-BOMBAY together, Sumit traveled to China for his job and Khandelwal stayed in India.

The Co-Founder’s contribution

Sumit Gupta is the CEO of CoinDCX and a strong advocate for Cryptocurrency and finance as a tool for independence. He believes technology can do great things for humans and humanity, and therefore he has been supporting the cause for a long time. Sumit has also built India’s first location-based online marketplace which was a big hit. The co-founders were not limited to only creating a website that helps people to trade crypto, he also believes that in order to attract customers towards crypto, they need to be educated about it. His Twitter handle generally gives out news and important information regarding the Crypto market. CoinDCX has thus launched DCX Learn to create awareness and teach people about cryptocurrency and everything revolving around it.

You must have come across CoinDCX if you’ve ever wandered around the crypto land. CoinDCX is an Indian cryptocurrency exchange platform that helps users to buy, sell, trade, exchange, or stake Crypto. It is one of India’s largest and safest cryptocurrency exchanges. The Singapore-based company founded by Sumit Gupta and Neeraj Khandelwal majorly serve the Indian market. It was launched on April 8th, 2018, and has been successful since then. Let’s have a look at the people behind the success of this popular platform.

The founders are childhood friends who have completed their education in the same institution and took cryptography classes together. They have lifted each other up throughout life, through words and businesses and look forward to revolutionizing crypto as the modern currency adopted by masses in the upcoming future.