EDUCATION
Meet an IIT Bombay dropout who found success in the crypto world and now works as co-head of Market-Neutral at BlockTower Capital.
For many students in India, getting into an IIT is a dream they work tirelessly to achieve. However, there are a few who, after making it to these prestigious institutions, choose to walk away to pursue different paths. Rahul Rai is one of them. He dropped out of IIT Bombay in 2015, leaving behind the chance to complete his engineering degree. Instead, he moved to the United States to pursue a Bachelor of Science in Economics from The Wharton School.
After graduating in 2019, Rahul began his career as an analyst in the Foreign Exchange (FX) Macro Hedge Funds team at Morgan Stanley in the U.S., where he worked for over a year. In 2020, he decided to leave his job, returning to India with a new goal in mind. Around this time, cryptocurrency was becoming popular in India, especially after the first COVID-19 lockdown. Intrigued by digital assets and blockchain technology, Rahul did extensive research in the field, ultimately deciding to launch his own crypto hedge fund.
In January 2021, Rahul co-founded Gamma Point Capital with his friends, Eash Aggarwal and Sanat Rao. Gamma Point Capital was designed to invest in digital assets, and thanks to Rahul's vision, it quickly became a success. The company attracted attention in the growing crypto market, gaining traction within months.
Soon after, an irresistible opportunity came along. Rahul and his team received an offer from BlockTower Capital, a prominent player in the crypto investment space, to buy Gamma Point Capital. In May 2021, they sold their company for a massive Rs 286 crore (USD 35 million). Reflecting on this decision, Rahul and his co-founders realized it would have taken years to achieve the same financial success.
Today, Rahul Rai works as the co-head of Market-Neutral at BlockTower Capital, a multi-strategy crypto hedge fund investing in various crypto assets and blockchain technology. His journey from IIT Bombay dropout to a successful leader in the crypto world shows how following one’s interests and adapting to new opportunities can lead to incredible achievements.
The DNA app is now available for download on the Google Play Store. Please download the app and share your feedback with us.
From Play to Pay, Gaming Is Big Business And A Genuine Professional Prospect
Leasehold vs Freehold: Exploring Options for Expats and Investors in Dubai
Mukesh Ambani's Reliance, Disney complete Rs 70352 crore media merger, to be headed by...
Badshah lands in legal trouble, case registered against rapper for...
GRAP III imposed in Delhi: What is allowed, what is banned amid 'severe' air quality
'Throwing me in deep end': Ricky Ponting takes fresh dig at Gautam Gambhir over Virat Kohli remarks
Revolutionizing Inventory Management in the Cloud Era: Pradeep Kumar’s Strategic Innovations
Delhi: AAP's Mahesh Khichi elected mayor as party defeats BJP in MCD polls
Delhi Air Pollution: GRAP 3 to be imposed in national capital from Nov 15, strict ban on...
WATCH: Inside Rinku Singh's Rs 3.5 crore luxurious house with rooftop bar, private pool
NASA alert! Giant 'God Of Chaos' asteroid set for close approach to Earth, may trigger astroquakes
Renowned Yoga Guru Sharath Jois passes away at 53 after suffering heart attack
UPPSC protest BIG update: RO-ARO exam postponed, PCS prelims to be held in one day
This man earned more money than Mukesh Ambani and world's richest man Elon Musk in one day, he is...
'World's best....': Japan vlogger's reaction to Bengaluru airport goes viral
Sania Mirza named Sports Ambassador of THIS city, not Delhi, Hyderabad, Jaipur
Shloka Mehta turns heads in sleek white gown at Tira store launch, see pics
Amid Abhishek Bachchan and Aishwarya Rai divorce rumours, Jaya Bachchan surprises everyone with...
IND vs SA: Arshdeep Singh goes past Bhuvneshwar Kumar to become Indian pacer with most....
Mukesh Ambani, Isha Ambani’s luxury retail chain opens new store at...
PM Modi to receive Dominica’s highest national award for...
Shraddha Kapoor says people with big foreheads are…
'Busy making...': Kanhaiya Kumar sparks row with remarks on Devendra Fadnavis' wife; BJP hits back
'Full baarati vibes': Vietnamese man's epic 'nagin dance' steals show at Mumbai event
Tilak Varma credits THIS player for his century against South Africa, says 'He gave me...'
UPSC IFS Mains Admit Card 2024 to be released today at upsc.gov.in, check direct link to download
'Be prepared for...': Rupali Ganguly's stepdaughter Esha Verma REACTS to Rs 50 crore defamation case
Saudi, Iran: Cautious dance toward détente?
Anushka Sharma shares glimpse of Children’s Day special dish for daughter Vamika, son Akaay
Jaw-dropping! Man wraps massive green anaconda around his shoulders, internet says...
Donald Trump plans to end Russia-Ukraine war with THIS move, is expected to 'soon' appoint...
As pollution worsens in Delhi with AQI at 'severe' level, experts at COP29 urge India to...
SDM Assault Case: 60 people arrested in Rajasthan's Tonk
Veg thali cost more than non-veg thali in October, here's why
Land drug trafficking patterns in North-Eastern Region
Shillong Teer Result November 14, 2024: Know updates on lucky winning numbers
Mukesh Ambani's SUPERHIT offer for Jio users: Get unlimited validity for 84 days at just Rs...
Delhi air quality dips to 'severe' category as AQI nears dangerous...
Bigg Boss OTT-fame Bhojpuri actress Akshara Singh receives extortion threat
‘All I do is…’: After Arjun Kapoor confirms breakup with Malaika Arora, her cryptic video goes viral
World Diabetes Day 2024: Types, causes, precaution to avoid this chronic disease
Children's Day 2024: 50 WhatsApp wishes, messages, quotes to share on bal diwas
AUS vs PAK Live Streaming: When and where to watch Australia vs Pakistan 1st T20I live in India?
IND vs SA: Ramandeep Singh achieves THIS feat on T20I debut, joins Suryakumar Yadav in elite list
Meet man who used to earn just Rs 65, now heads Rs 23416 crore company, he is…
DNA TV Show: Arsh Dalla, Khalistani terrorist, arrested in Canada
Pushpa 2 first review: Rashmika Mandanna says Allu Arjun movie is 'freaking amazing'
SA vs IND: Tilak Varma scripts history with maiden century in 3rd T20I against South Africa