India’s crypto space has quietly produced a few names who have made their mark on the global stage. The list of crypto billionaires in India covers Jaynti Kanani, Sumit Gupta, & Nischal Shetty, and each one is known for building platforms that transformed digital asset use in the country.
From exchanges like CoinDCX and WazirX to blockchain projects like Polygon, these leaders show how vision & persistence can turn ideas into wealth.
For many followers, queries like “who is the crypto billionaire in India?” or “what is Jaynti Kanani’s net worth?” highlight the growing interest in their success stories.
Here, we explore their journeys, net worth, and impact on India’s digital finance scene.
Top 3 Crypto Billionaires In India: Detailed Overview
India’s cryptocurrency sector has produced remarkable success stories that have captured global attention.
Here is the overview of the Top 3 crypto billionaires in India:
| Name | Known For | Estimated Net Worth |
|---|---|---|
| Jaynti Kanani | Co-founder of Polygon | $1.2 billion |
| Sumit Gupta | Co-founder of CoinDCX | $800 million |
| Nischal Shetty | Founder of WazirX, Co-founder of Shardeum | $600 million |
3 Crypto Billionaires from India and the Stories Behind Their Success
The crypto billionaires in India have transformed India’s cryptocurrency scene through their innovative platforms and strategic vision.
1. Jaynti Kanani – India’s First Crypto Billionaire
Jaynti Kanani, who is first crypto billionaire in India and co‑founded Polygon, formerly known as Matic Network, which went on to become one of the most successful layer‑2 scaling solutions for Ethereum.
Starting his career as a software engineer, Kanani recognized the scalability limitations of existing blockchain networks, and today, Jaynti Kanani net worth in rupees is estimated at around Rs 61,750 Cr ($1.2 billion).
His work on Polygon has attracted significant partnerships with companies like Disney and Instagram.
The platform processes millions of transactions daily with significantly lower fees than the Ethereum mainnet. Kanani’s net worth surged as Polygon’s native token, MATIC, gained widespread adoption, making him India’s first crypto billionaire.
2. Sumit Gupta – CoinDCX Founder & Leading Crypto Entrepreneur
Sumit Gupta, co‑founder of CoinDCX, India’s largest crypto exchange, started in traditional finance before moving into digital assets. The Sumit Gupta CoinDCX net worth is about $800 million, placing the CoinDCX founder’s net worth among the highest in the country’s crypto space.
Under his leadership, CoinDCX became India’s first crypto unicorn, raising over $135 million from prominent investors, though the exchange later faced reports that it lost ₹378 crore in a security incident.
The platform serves millions of users and has played a crucial role in crypto education through initiatives such as the CoinDCX Institute.
Gupta’s wealth grew substantially as CoinDCX expanded its services and user base, establishing him as a key figure in India’s crypto ecosystem.
3. Nischal Shetty – WazirX Founder & Web3 Visionary
Nischal Shetty founded WazirX, which became one of India’s most popular cryptocurrency exchanges before being acquired by Binance.
His entrepreneurial journey began with previous ventures in social media management.
Shetty has been instrumental in advocating for clarity on the legality of crypto in India through campaigns like #IndiaWantsCrypto.
Currently, he’s building Shardeum, a layer-1 blockchain focused on scalability and decentralization.
His influence extends beyond business as he regularly educates the public about blockchain technology and digital assets through various platforms and speaking engagements.
How India’s Crypto Billionaires Built Their Wealth
The success stories of these entrepreneurs share common strategic elements that enabled them to create extraordinary wealth.
India’s Crypto Billionaires entered the cryptocurrency market during its early stages, recognizing the transformative potential before mainstream adoption.
They focused on building critical infrastructure, including exchanges and blockchain protocols, rather than speculative trading.
Strong community engagement and thought leadership helped them establish credibility and attract users to their platforms.
Securing funding from global venture capital firms enabled rapid scaling beyond Indian borders. They carefully navigated regulatory uncertainties while building compliant businesses.
Additionally, understanding the importance of education helped them address concerns about crypto used as real money and a legitimate investment opportunity.
Other Prominent Leaders In The Crypto World In India
Numerous other leaders have made significant contributions to India’s cryptocurrency ecosystem, though not billionaires
Here are some other prominent crypto leaders in India:
1. Ashish Singhal
Ahshish Singhal is the Co-founder of CoinSwitch Kuber, India’s largest crypto platform by user base.
He led the company’s transformation from a global aggregator to an India-focused exchange, raising over $25 million from Sequoia Capital and other top-tier investors.
2. Vikram Subburaj
Vikeam Subburaj is the CEO and co-founder of Giottus, known for strong regulatory compliance and educational initiatives.
His platform emphasizes security and user protection while actively engaging with policymakers on crypto regulation frameworks.
3. Kashif Raza
Kashif Raza is the founder of Bitinning, India’s leading crypto education platform.
Through comprehensive courses and content, he has educated thousands about blockchain technology while addressing concerns about types of cryptocurrency scams and safe investment practices.
4. Siddharth Menon
Siddharth Menon, Co-founder and CTO of WazirX, has played a crucial role in developing the platform’s technical architecture.
His expertise in blockchain development has been essential for ensuring platform security and scalability.
5. Sandeep Nailwal
Sandeep Nailwal is the Co-founder of Polygon alongside Jaynti Kanani, focusing on business development and partnerships.
His efforts have been pivotal in establishing Polygon’s global presence and enterprise adoption.
6. Pearl Kapur
Pearl Kpaur is the founder of Zyber 365, a Web3 company that recently reached unicorn status.
Though relatively new to the space, he has gained attention as one of India’s youngest reported billionaires in the blockchain world.
For the Curious Trader:
Conclusion: Jaynti Kanani Is First Indian Crypto billionaire
India’s cryptocurrency market is growing continuously, even with some regulatory obstacles. Jaynti Kanani, Sumit Gupta, and Nischal Shetty are proof that digital assets can be big success stories.
They have helped build platforms and tools that make crypto easier to use and understand for people across the country.
Their focus on new ideas, following rules, and making crypto accessible has brought it closer to everyday life in India.
With India’s tech talent and rising Web3 interest, more names could join the list of crypto billionaires in India over the next decade.
FAQs
Regulatory uncertainty has posed challenges, but entrepreneurs have adapted by prioritizing compliance and innovation. This approach has allowed the industry to continue growing despite policy shifts.
Education fosters awareness and trust, enabling users to understand blockchain technology and avoid scams.
India’s large young population, strong tech talent, and increasing digital penetration create ideal conditions for the growth of Web3.
Jaynti Kanani, Polygon co‑founder, became India’s first crypto billionaire with an estimated net worth of $1.2 billion.
In 2025, CoinDCX founder Sumit Gupta’s net worth is estimated at about Rs. 1200 Cr.
