Brian Armstrong, cofounder and CEO said on microblogging platform Twitter, “Coinbase is building out an office in India! Amazing team already in place – come join us.”
Coinbase is building out an office in India! 🇮🇳 Amazing team already in place – come join us.https://t.co/yCaJk681pZ
— Brian Armstrong (@brian_armstrong) 1625249316000
In a
blogpost published on Coinbase’s website, Pankaj Gupta, VP of engineering and site lead, India detailed the company’s strategy. The exchange will leverage from the India’s tech talent and a booming crypto sector. The announcement follows its decision to
set up an India office in March this year and hire across tech roles.
In the latest blog post, Gupta said, Coinbase was committed to building a high-quality India tech-hub and had seen “an incredible amount of interest in our open roles from across India”.
“We have ambitious plans for this hub in the near future — we want to hire hundreds of world-class engineers in the near term. This team of engineers will be complemented by equally high-quality product and design teams, as well as support functions such as recruiting and HR to build out a sustainable, well-rounded tech hub,” Gupta wrote in the blog post.
Indian blockchain and crypto startups have been catching the attention of investors globally. The success of blockchain companies founded by Indians, such as Polygon and Instadapp, have put Indian players on the radar of domestic and international funds.
Read:
India’s crypto industry attracts foreign funds, but local investors remain wary
Gupta added that the company was on the lookout for acquisitions in India given the growth in crypto native talent in the country. “To support our ambitious growth plans in India, we are also exploring startup acquisitions and acquihires. Founders who might be interested in joining Coinbase’s journey and mission, please contact me,” he said.
Other highlights include:
- Coinbase India Sikka: Gupta announced the launch of new programme CIkka in which each new employee in India will be offered a one-time $1,000 in crypto when they start. “Our expectation is that they’ll leverage this offering to learn about crypto, and will use this knowledge to help us build the next generation of products that will delight our customers around the world,” he said.
- Focus on local decision making: The company wants to hire local engineers and directors in, payments, crypto, blockchains, data engineering, machine learning, growth, product engineering. “They are being intentionally set up for local decision-making to optimise for impact and velocity,” Gupta wrote. “We believe this will increase the speed, empowerment, and local decision making, as well as provide a sustainable and better quality of work life for all our teams worldwide.”
- Hiring across hierarchies: The crypto exchange is hiring for both senior and junior roles across product management, user experience, design and program management. It is also building a support team in HR and recruiting.