CoinSwitch, one of India’s bigger crypto investing companies, has appointed Ramesh Bafna as the Chief Financial Officer as the company evolves into a crypto-first wealth tech platform as part of its vision to ‘make money equal for all’.

A seasoned professional with over 18 years of experience, Bafna has built a sustainable marketplace revenue model in e-commerce companies such as Myntra and Flipkart as well as led the finance workstreams at IT services major Wipro, a company statement said Tuesday.

“CoinSwitch is fast evolving and growing every day, well on track to be India’s one-stop wealth-tech platform. I am delighted Ramesh Bafna is joining us as we take the next big leap in our journey. Ramesh’s experience in solving problems at scale in high-growth companies will help us strengthen and expand CoinSwitch to serve the next billion people,” said Ashish Singhal, Co-founder and CEO of CoinSwitch.

“I have been following the fintech space for years and am fascinated by the potential it holds for India. I am delighted to join CoinSwitch and contribute to our mission to ‘make money equal for all’ in a sustainable, profitable way,” said Bafna.

Bafna takes over the CFO role from Sarmad Nazki.

Founded in 2017 by Ashish Singhal, Govind Soni, and Vimal Sagar Tiwari, and backed by blue-chip investors, including Andreessen Horowitz, Tiger Global, Sequoia Capital, Ribbit Capital, Paradigm, and Coinbase Ventures, CoinSwitch is evolving into a wealth-tech destination for every Indian, the company claimed.