WazirX aims to triple it's workforce by the year end
At a time when the COVID-induced layoffs have crippled the job market, crypto has come to the rescue of the economy. India’s largest cryptocurrency exchange, WazirX is on a stellar run with its ultra-high-growth trajectory wherein it has doubled its team strength within the first quarter of 2021. The growth of the crypto exchange is backed by an ever-increasing customer footfall. The platform is also leading the industry with partnerships for ultramodern use-cases including Non-Fungible Tokens (NFT). To address the growing demand for crypto, WazirX has scaled its team across various functions like Tech, Marketing, Compliance, Customer Support, etc. The exchange has also hired industry veterans for leadership roles like Head of Human Resources, Head of Compliance & Legal, Senior Director - Engineering, VP - Business Operations, and Director - Customer Happiness.
Nishcal Shetty, Co-Founder and CEO, WazirX said, “We are leaving no stone unturned to make the Indian cryptocurrency industry a force to reckon with at a global stage. Cryptocurrencies have a market cap of more than $2 trillion, which is only increasing by the day. It has grown more than 10-fold in a year itself. India cannot afford to miss out on this opportunity. Instead, if we adopt a progressive approach and join the bandwagon early, the incentives can be wide-ranging for everyone from industry professionals to the market and the nation at large. It can virtually transform the Indian socio-economic growth story.”
Siddharth Menon, Co-Founder and COO, WazirX said, “At WazirX, we have ensured that we remain ahead of the curve by offering the best services to our customers. We believe in the ownership of our work, which includes the experience of every single customer. Our employees have stood like a rock in our support system and have unlocked innovations at every single stage of the customer journey. Now, we are also innovating on the front of NFCs, thereby streamlining the copyrights of digital assets. It feels great to be a part of something like this seeing the changes that are taking place on the ground globally.”
The cryptocurrency market in India has been booming ever since it received the Supreme Court’s nod earlier last year. The trading volume witnessed multifold growth throughout the market, with WazirX itself clocking over $8.3 Billion USD in trading volume since March 2020. SC’s verdict has helped drive economic activity, create jobs, drive blockchain-based research and have strengthened the startup ecosystem in India. As per Linkedin Survey, Blockchain was the most in-demand hard skill in 2020, and it’s been creating high-paid jobs worldwide. As of today, several Indians are rushing to explore career options and get an early-mover advantage in this ever growing space.
WazirX plans to triple its current workforce before the end of 2021, and further aims to strengthen its senior leadership in Security, Policy, Engineering, Marketing, and Finance. Technically, by the end of this year, WazirX will quadruple the headcount of its workforce between Dec ’20 and Dec ’21. The move will further augment the company’s products and services, thereby driving even higher footfall towards it in the near future. The platform is spearheading a forward-looking strategy to achieve its overarching objectives including its plan to initiate ‘Work From Anywhere’ soon.