Coinbase aims to open a physical office in Hyderabad, India. It plans to hire engineers, product managers, UX designers, researchers, and program managers in the next two years

With a market value of $64 Billion, American Cryptocurrency Exchange Platform, Coinbase has decided to open a physical office in Hyderabad.  It has appointed Pankaj Gupta, Google Pay’s former engineering lead in India and the Asia Pacific, as the Vice-president of engineering and site lead for India. 

Gupta will be responsible for leading and building the company’s technology hub in India from scratch. He plans to hire hundreds of employees across all levels in engineering, product management, UX design, research, and program management within the next 1–2 years to build out a big tech hub in India.

Gupta on Twitter said that India has world-class tech expertise and some of the brightest minds in the industry. Coinbase plans to tap and develop this local talent. The plan is to hire hundreds of employees, across all levels in Engineering, PM & UX (engineering, product management, and user experience) within the next 1–2 years to build out a full tech hub.

Additionally, Gupta added that Coinbase could also look at some possible start-up acquisitions and acquisition hires to support its ambitious growth plans in India.