Bengaluru, Karnataka, India, June 2026 — CoinSwitch’s parent company PeepalCo, today announced the appointment of Tushar Verma as Vice President – Banking & Institutional Business. The appointment comes as the company continues to expand its offerings and strengthen partnerships across India’s financial ecosystem. At PeepalCo, Tushar will focus on HNI & Institutional Business lines, drive Strategic Alliances, and curate scalable banking frameworks that strengthen operating capabilities and support business growth.
Tushar, a seasoned banking and fintech leader with over two decades of experience across financial services, digital banking, domestic and cross-border payment infrastructure have been into leadership roles earlier as well.
Prior to joining PeepalCo, he served as Chief Executive Officer at Bankit Technologies Pvt. Ltd. and earlier as Chief Business Officer at Niyo Solutions Inc. He has also held senior positions at Kotak Mahindra Bank and HSBC Bank before moving into the fintech sector. Throughout his career, Tushar has successfully driven business growth, forged strategic partnerships, led product innovation, and executed large-scale business expansion initiatives.
Commenting on the appointment, Ashish Singhal, Co-founder and CEO, CoinSwitch, said “As we continue expanding our offerings, strengthening our banking and institutional capabilities remains a strategic priority. Tushar brings deep experience across banking, fintech and payments, along with a proven track record of building partnerships and scaling businesses. His expertise will be instrumental in strengthening our ecosystem relationships and supporting our next phase of growth”. We are delighted to welcome Tushar to CoinSwitch.”
Verma said “CoinSwitch has built a strong foundation by focusing on simplicity and customer trust, while consistently expanding its offerings to meet the evolving needs of modern investors. I see significant opportunities to deepen collaboration across the financial ecosystem and create greater value for customers. I am excited to join CoinSwitch at this stage of its journey and look forward to contributing to its next phase of growth.”
About CoinSwitch
A product of PeepalCo, CoinSwitch is India’s leading crypto investing and trading platform, serving over 2.5 crore users across the country. Founded in 2017 by Ashish Singhal, Vimal Sagar Tiwari, and Govind Soni, the company offers a simple and secure platform for investing in digital assets. Backed by leading global investors including Andreessen Horowitz, Tiger Global, Ribbit Capital, Peak XV Partners, and Paradigm, CoinSwitch has emerged as one of India’s most recognised crypto and fintech brands. Today, users can choose from over 450 coins on the platform.
About PeepalCo
PeepalCo is a wealth-tech group building investment platforms across crypto and equity investing. The group operates CoinSwitch, one of India’s leading crypto platforms, and Lemonn, a stock investing and trading platform that helps users participate in equity markets. Together, these businesses serve millions of users across India and provide access to a range of investment opportunities. PeepalCo’s mission is to make money equal for all.
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