Aniket Jindal is a Dubai-based entrepreneur and angel investor best known as co-founder of Biconomy, a Web3 infrastructure company focused on simplifying on-chain transactions for decentralised applications. His investment activity spans early-stage blockchain infrastructure, DeFi protocols, and developer tooling – areas he knows directly from building Biconomy since 2019.
Jindal entered the Web3 space at a time when gas fees and transaction complexity were major barriers to mainstream adoption. Through Biconomy, he led work on meta-transactions and, later, ERC-4337 account abstraction – a standard that lets developers sponsor gas for users and enable social-login wallets. That operational background shapes his angel thesis: he backs teams solving real developer and user experience problems on-chain, not pure speculation plays. He is based in the UAE, a jurisdiction that has become a regional hub for crypto-licensed businesses under the Virtual Assets Regulatory Authority (VARA).
Notable investments
Public information about Jindal's specific angel portfolio is limited. Six investments are attributed to him across early-stage Web3 projects, consistent with a selective angel approach rather than a high-volume fund strategy. Given his background, his deals are concentrated in infrastructure, account abstraction tooling, and developer-facing DeFi primitives. Specific project names have not been comprehensively disclosed in public sources as of mid-2026.
Team
Jindal co-founded Biconomy alongside Ahmed Al-Balaghi and Sachin Tomar. Biconomy raised a $9 million Series A in 2021 from Coinbase Ventures, Binance, and Mechanism Capital, among others. As an angel investor Jindal operates independently, without a formal fund structure or disclosed AUM. He does not publicly list a managing partner or investment team separate from his Biconomy role.
Recent activity
In the 2024–2026 period Biconomy expanded its Paymaster and Bundler stack for ERC-4337, positioning the company as core infrastructure for smart accounts. Jindal has been active at industry events in Dubai and Singapore, speaking on account abstraction adoption and the next wave of consumer crypto apps. His angel activity over this period has been quiet publicly – no new lead investments or fund announcements have been reported.
As account abstraction moves from experimental to production-grade across major EVM chains, Jindal sits at an interesting intersection: operator of widely used infrastructure and early backer of projects building on top of it. His geographic base in the UAE gives him exposure to the growing MENA Web3 ecosystem, though his investment reach appears global. For a solo angel with a primary company to run, a portfolio of six selective bets is consistent with a conviction-over-volume approach.
