Binance sees India as a source for a new generation of employees, despite its doubts about business developments in the country.
Binance chief technology officer Rohit Wad said that India would be one point of focus for upcoming internships. Wad said that Mumbai would be among five cities Binance is sourcing for its 2023 summer internship cycle.
Of Indian-origin himself, Wad said he hopes Binance can acquire some of the top talent from the country’s elite universities.
“I would like to see if we can find interns in India and get them bootstrapped on crypto,” Wad said. The chief technology officer also highlighted the country’s potential as a space for Web3 development. “There is going to be a tremendous boom in the innovation that comes out of India,” he said.
Wad highlighted the country’s Unified Payments Interface (UPI) as an example of its technical innovation. He said that Binance would likely invest in at…