Nischal Shetty Net Worth, How Much WazirX Founder and CEO Wealth
Nischal Shetty is a well-known Indian entrepreneur and software developer, best recognized as the founder and CEO of WazirX, one of India's leading cryptocurrency exchanges.
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He’s been a passionate advocate for the adoption of cryptocurrency in India and even started the popular IndiaWantsCrypto campaign to push for positive regulation around digital assets.
Early Life and Background
Born in Mumbai in 1986, Nischal earned his degree in Computer Science from Visvesvaraya Technological University in 2007. He started his career as a software engineer at 3i Infotech, and later worked at Burrp, a startup focused on restaurant reviews.
Nischal Shetty Net Worth
As of 2025, Nischal Shetty is estimated to have a net worth of around 2,790 crores, built through a string of successful tech ventures and smart investments.
| Name | Nischal Shetty |
|---|---|
| Net Worth | 2,790 crores |
| WazirX | Co-founded in 2017; acquired by Binance in 2019. Major boost to net worth. |
| Shardeum | Launched in 2022; valued at ~$200M; raising $20–30M in seed funding. |
| Crowdfire | Founded in 2010; social media tool with over 20M users worldwide. |
| Personal Investments | Diverse portfolio in tech and crypto ventures. Adds financial stability. |
Nischal Shetty Income Source and Business Ventures
Nischal co-founded WazirX in 2017, which quickly became one of India’s top cryptocurrency exchanges. In 2019, it was acquired by global crypto giant Binance. While the exact terms of the deal weren't made public, it's safe to say the acquisition played a major role in boosting his financial standing.
In 2022, he co-launched Shardeum, a layer-one blockchain focused on solving the scalability challenge in Web3 without compromising decentralization or affordability. The project caught the attention of investors and aimed to raise $20–30 million in a seed round, valuing the platform at around $200 million—a clear indicator of its potential and Shetty's growing influence in the blockchain space.
Long before crypto, Nischal found success with Crowdfire—a social media management app he built in 2010. The tool gained millions of users globally and laid the foundation for his journey as a tech entrepreneur.
Apart from building startups, Shetty has also invested in a range of tech and crypto-related businesses, further expanding his income streams and diversifying his portfolio.
Career Journey
Nischal’s entrepreneurial path began back in 2010 when he launched Crowdfire, a social media management tool that eventually amassed over 20 million users worldwide.In 2017, he co-founded WazirX, which quickly rose to become India's largest crypto exchange by trading volume. Just two years later, in 2019, WazirX was acquired by Binance, one of the largest crypto platforms in the world.
Not one to slow down, in 2022, Nischal co-founded Shardeum, a layer-one blockchain project focused on scalability, decentralization, and keeping transaction fees low—addressing some of the biggest challenges in blockchain today.
Advocacy & Recognition
Beyond building companies, Nischal has been a strong voice in India's crypto community. Through public campaigns and active discussions with lawmakers, he’s worked to shape a more favorable environment for the industry.His impact hasn’t gone unnoticed—he was featured in Forbes India’s 30 Under 30 list back in 2014 for his contributions to tech and entrepreneurship.
