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'Blitzscaling' in times of uncertainty: Meet Sumit Gupta, CEO, CoinDCX

A large part of the work that Gupta does is focused on educating users and the larger community about investing in cryptocurrencies

Sumit Gupta, chief executive and co-founder, CoinDCX
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Sumit Gupta, chief executive and co-founder, CoinDCX

Neha Alawadhi New Delhi
Last week, cryptocurrency exchange CoinDCX became India’s first unicorn in the space. Driving this firm is Sumit Gupta, the chief executive and co-founder, whose dogged belief in the power of crypto has delivered results, even as the larger regulatory environment remains challenging for players in the area.
 
The firm, which raised $90 million from investors led by Facebook Inc co-founder Eduardo Saverin’s B Capital Gro­up, existing partners Coinbase Ven­tures, Polychain Capital, Block.one and Jump Capital, is now valued at $1.1 billion.
 
Described as “simple and down to earth” by a person who has worked with him professionally, Gupta’s