Draft:Ashish Singhal
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Comment: References are mainly about the companies and only provide mentions. Others are unreliable. Submitter will also need to review WP:COI and WP:PAID and make the appropriate disclosure. Previously G5'd as created by blocked or banned user. CNMall41 (talk) 16:39, 22 August 2024 (UTC)
 | A major contributor to this article appears to have a close connection with its subject. (August 2024) |
Ashish Singhal | |
|---|---|
 | |
| Born | 12 February 1989 Meerut, India |
| Alma mater | Netaji Subhas University of Technology |
| Occupation | Businessman |
| Known for | Co-founder and CEO, CoinSwitch Founder and CEO, Peepal Co |
| Spouse | Rashi Singhal |
| Children | 1 |
Ashish Singhal (born 12 February 1989) is an Indian entrepreneur.[1] He is best known as the co-founder of CoinSwitch and Lemonn. Singhal is also known as the group CEO of PeepalCo, the parent company of CoinSwitch.[2]
In 2017, Ashish Singhal, Govind Soni and Vimal Sagar Tiwari co-founded crypto trading platform CoinSwitch whose valuation in 2021 was $1.9 billion.[3] In 2023, Singhal unveiled the umbrella company PeepalCo to transition from a single-product company to a multi-product company. Brands under the PeepalCo umbrella are CoinSwitch and Lemonn. [4]
Early life
[edit]Singhal was born in Meerut, India, on 12th February 1989. His father is a doctor and his mother, is a homemaker.
Singhal attended Netaji Subhas University of Technology and completed a degree in computer engineering in 2011.[5]His current co-founder, Govind was his fellow batchmate from NSUT. During his second year, he interned at Naukri.com and in his third year he worked at Microsoft. After graduation, Singhal worked at Amazon as a Software Developer.[6] In 2015, Singhal quit Amazon to start something on his own. [7]
Career
[edit]After exiting (company)|Amazon in 2015, Singhal joined hands with Vasudevan Thrikkazhipuram and Lavanya Venkatraman in their startup Urban Tailor, an aggregator of tailors.[8] Despite multiple rounds of funding, the company called it quits because the business model wasn’t scalable.[9]
In 2016, Singhal moved to Livspace co-founded by Ramakant Sharma, [10] who also happens to be his mentor. While working at Livspace, he began exploring and studying the world of crypto. Singhal along with Govind and Vimal, created an app to help track their investments in crypto. In June 2017, he quit Livspace and co-founded CoinSwitch.
CoinSwitch
[edit]CoinSwitch began in June 2017.[11] CoinSwitch began receiving investments from multiple angel investors including Andreessen Horowitz (a16z), Tiger Global, Sequoia Capital, Ribbit Capital, Paradigm, and Coinbase Ventures. During this time, Ashish, Govind and Vimal, won almost all hackathons in India, including the one organized by Peak XV Partners (formerly Sequoia Capital India & SEA) which is the largest in Asia.[12] In January 2018, Sequoia Capital India funded CoinSwitch and moved them to their incubation centre. [13][14]
Today, CoinSwitch has grown significantly, becoming the first crypto platform to cross 2 crore users and has received substantial investment, at a valuation of $1.9 billion.[15] Coinswitch Ventures is the venture arm of CoinSwitch that invests and incubates early-stage startups that are developing blockchain-based solutions. [16] It has a VC investor network of over 70 participants. [17] [18]
PeepalCo
[edit]PeepalCo was established in 2023, an umbrella brand that will house all its brands as part of a larger brand restructuring.[19] While Singhal is the Group CEO, Vimal is the group COO and Govind is the group CTO.[20] Current brands under this parent company are CoinSwitch and Lemonn.[21]
Recognition
[edit]Speaker and Panelist at the World Economic Forum hosted by Business Today on 25th May 2022[22]
Won major hackathons in India, including those by Sequoia, Google[23] and Amazon[24]
References
[edit]- ^ Bhattacharya, Ananya (30 April 2024). "The co-founder of India's largest crypto exchange says building trust among users is most valuable". Rest Of World. Mumbai. Retrieved 1 August 2024.
- ^ Bhatnagar, Rishabh (22 May 2023). "CoinSwitch Aims To Offer Multiple Asset Classes By Year-End". NDTV Profit. New Delhi. Retrieved 1 August 2024.
- ^ Raina, Shreshta (12 July 2022). "CoinSwitch Kuber Success Story: India's Largest Crypto Platform". Inventiva. Delhi. Retrieved 7 August 2024.
- ^ Shukla, Piyush (24 April 2024). "Peepal Co had plans to diversify since inception". Financial Express. New Delhi. Retrieved 1 August 2024.
- ^ {Harichandan Arakali (30 April 2021). "Episode 2: In Conversation with Ashish Singhal, cofounder and CEO of CoinSwitch". Spotify (Podcast). Forbes India. Event occurs at 32:28. Retrieved 1 August 2024.
- ^ Tiwari, Shailja (17 December 2023). "Chai pe Charcha with BrandWagon Online". Financial Express. Delhi. Retrieved 7 August 2024.
- ^ Avlani, Shrenik (27 August 2023). "Fit To Lead, CoinSwitch Ashish Singhal Prioritising self-care is essential for overall success". Moneycontrol. New Delhi. Retrieved 1 August 2024.
- ^ Mishra, Aparna (13 July 2016). "Urban Tailor Raises Funding From Unitus Seed Fund". Inc42. Delhi. Retrieved 8 August 2024.
- ^ Sachdeva, Sujata (9 July 2015). "Urban Tailor, a professional tailoring service for women launched". Fashion United. Mumbai. Retrieved 1 August 2024.
- ^ Menon, Rashmi (28 August 2022). "How to effect meaningful change in team meetings". Mint Lounge. Mumbai. Retrieved 1 August 2024.
- ^ Das, Shovik (16 March 2024). "Coinswitch turns to wealth management". Mint lounge. New Delhi. Retrieved 1 August 2024.
- ^ Anupam, Suprita (20 June 2021). "How CoinSwitch Kuber's India Operations Triggered Growth, Funding From Tiger Global". Inc 42. Delhi. Retrieved 7 August 2024.
- ^ Dasgupta, Gaurab (19 June 2023). "ETtech Explainer: Will Coinswitch click in India's online broking space?". Economic Times. New Delhi. Retrieved 1 August 2024.
- ^ Sinha, Binay (19 November 2021). "For CoinSwitch Kuber's Ashish Singhal, simplicity is the mantra for success". Business Standard. Delhi. Retrieved 7 August 2024.
- ^ Team, Fortune India (27 August 2021). "Average Indian Crypto investor is 24". Fortune India. Delhi. Retrieved 7 August 2024.
- ^ Sureben, Haripriya (9 September 2023). "Listen. Is interest in the crypto industry dying? Ashish Singhal, CEO, CoinSwitch, explains". The Hindu Business Line. New Delhi. Retrieved 1 August 2024.
- ^ Kaushal, Teena (9 May 2023). "Crypto exchange CoinSwitch to be a comprehensive investment platform, to offer mutual funds and FDs, says CEO Ashish Singhal". Business Today. New Delhi. Retrieved 1 August 2024.
- ^ Ghosh, Debangana (28 July 2023). "CoinSwitch in talks with RBI, SEBI to launch financial products, exploring NBFC licence: CEO Ashish Singhal". Money Control. New Delhi. Retrieved 1 August 2024.
- ^ Bhatt, Sujata (30 July 2024). "PeepalCo Earns ISO/IEC 27001:2022 Certification for Exceptional Security Standards". Business News This Week. Pan India. Retrieved 22 August 2024.
- ^ Tech, ET (12 December 2023). "Coinswitch launches umbrella entity PeepalCo, restructures business". Economic Times Tech. Pan India. Retrieved 22 August 2024.
- ^ Shukla, Piyush (24 April 2024). "Peepal Co had plans to diversify since inception". Financial Express. New Delhi. Retrieved 1 August 2024.
- ^ "Authors". World Economic Forum. Retrieved 1 August 2024.
- ^ "It was simply 'code innovation' at Google's Code for India contest". Economic Times. Mumbai. 13 May 2014. Retrieved 7 August 2024.
- ^ Tripathi, Naandika (23 December 2021). "Making crypto as easy as Zomato". Forbes India. Mumbai. Retrieved 1 August 2024.