Piyush Gupta - Founder & CEO at Polytrade
Professional Background
Piyush Gupta is a seasoned trade finance professional, blockchain enthusiast, and angel investor. He is the Founder and CEO of Polytrade, a blockchain-based decentralized protocol aimed at transforming receivables financing by connecting buyers, sellers, insurers, and investors for a seamless trading experience. Before founding Polytrade, he established Riqueza Capital Group in 2014, focusing on providing low-cost, hassle-free trade finance solutions to SMEs and MSME sectors.
Key Achievements
- Founded Polytrade in January 2021.
- Raised $3.8 million in a seed funding round for Polytrade in March 2023, led by Alpha Wave Global LP and Matrix Partners India.
- Completed funding rounds and expanded Polytrade's operational reach extensively.
- Successfully managed Riqueza Capital Group for eight years, raising over USD 400 million in trade finance for global clients with operations in Hong Kong, Singapore, UK, UAE, and India.
Strategic Initiatives and Innovations
- Blockchain and DeFi Initiatives: Polytrade focuses on leveraging blockchain to transform trade finance by tokenizing real-world invoices and integrating them into the DeFi space, providing low-interest and swift financing options.
- Participation in Mastercard’s Start Path Program: Polytrade was selected to join Mastercard's Start Path Blockchain and Digital Assets Program in September 2023, aiming to drive innovation within the institutional space.
- Innovation in Financial Instruments: Issued its first on-chain bond via the Obligate platform in February 2024, showcasing a commitment to integrating traditional finance mechanisms with blockchain technology.
Professional Interests
Piyush is deeply invested in blockchain technology and trade finance, consistently pushing the boundaries through initiatives that blend real-world financial instruments with decentralized finance (DeFi). His broad professional interests include angel investing in disruptive ventures, fostering innovation in trade finance, and exploring sustainable integrations between traditional finance and emerging digital asset ecosystems.
Educational Background
Piyush Gupta is a graduate of the Indian Institute of Technology, Bombay (IIT Bombay), further providing him with a robust technical and analytical foundation that benefits his ventures in trade finance and blockchain technology.
Notable Public Engagements
- Featured in multiple LinkedIn and YouTube posts, providing insights into Polytrade's vision, the future of trade finance, and his expertise on integrating real-world assets with blockchain.
- Authored posts discussing key industry developments such as ERC-6960, fractionalized assets, on-chain treasury bills, and engaging in thought leadership through podcast episodes and YouTube interviews.
Geographic Focus
Based in Dubai, United Arab Emirates, Piyush Gupta has expanded his professional footprint to include major financial hub regions like the Hong Kong, Middle East, and India, reflecting his global approach to business and trade finance.
Vision for Polytrade
Piyush's vision for Polytrade is to transition from a single asset protocol to a leading platform for Real World Assets (RWA) in decentralized finance, continuously adapting and innovating within the financial ecosystem to better serve their global clientele.
Contact Information
- LinkedIn Profile: [Piyush Gupta - PolyTrade](https://ae.linkedin.com/in/piyush-polytrade)
- YouTube Interviews: [Piyush Gupta - PolyTrade CEO](https://www.youtube.com/watch?v=BhawGa_Ij7k)
- Crunchbase Profile: [Piyush Gupta - Founder & CEO @ PolyTrade](https://www.crunchbase.com/person/piyush-gupta-cbcf)
By focusing on transformative financial solutions and blockchain integration, Piyush Gupta is positioned as a pivotal figure in modernizing trade finance through Polytrade.