Sumit Gupta is a co-founder and CEO of CoinDCX, India's largest cryptocurrency exchange by trading volume. In addition to building CoinDCX, he has been active as an angel investor in the Indian Web3 and blockchain startup ecosystem. His profile as an early builder in Indian crypto gives him sector credibility and deal flow that most generalist angels in the country lack.
Gupta graduated from the Indian Institute of Technology (IIT) Bombay with a degree in Computer Science. He co-founded CoinDCX in 2018 alongside Neeraj Khandelwal. The exchange grew into India's first crypto unicorn following a $90 million Series C in 2021, led by B Capital Group and Coinbase Ventures. Gupta has testified before Indian parliamentary committees on crypto regulation and has been a consistent public voice for a regulated, institutional-grade digital asset market in India. His operational experience running a regulated exchange at scale shapes how he evaluates early-stage bets.
Notable investments
Gupta's angel portfolio is reported to include five companies, though detailed deal disclosures are not extensively public. He has backed startups at the intersection of crypto infrastructure, DeFi tooling, and Web3 consumer applications in India. Specific portfolio names and deal sizes have not been confirmed in public filings or press releases reviewed at the time of writing. Public information about individual investment terms is limited.
Team
Gupta operates as a solo angel investor rather than through a formal fund structure. His primary institutional role remains as CEO of CoinDCX, which is listed on Crunchbase alongside his personal investment activity.
Recent activity
Through 2024 and into 2025, Gupta remained active in Indian crypto policy discussions as the country moved toward a formal regulatory framework for virtual digital assets (VDAs) under the Finance Ministry. CoinDCX registered with India's Financial Intelligence Unit (FIU) in early 2024, one of the first exchanges to do so. Whether Gupta made new angel commitments during this period is not confirmed in public sources.
His outlook as an investor tracks closely with India's regulatory arc. If the government adopts a clear licensing regime for crypto businesses, the Indian Web3 startup ecosystem – and Gupta's portfolio – stands to benefit from legitimised institutional capital flows. His position at CoinDCX gives him an early read on regulatory shifts that most angel investors in the region do not have.