Meet Prakash Somosundram | CEO of Enjinstarter

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Upcoming Webinars With Prakash Somosundram :

Date: 03rd Aug 2022 | 05:00 PM IST
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About Prakash Somosundram

Prakash is a Singaporean Serial Entrepreneur.

He built his career in digital advertising and sold his company Yolk to WPP in 2011 and became part of Grey Advertising and Prakash played a role in building the business in ASEAN.
Following his exit from the agency world in 2014 he became active in the start up ecosystem by helping companies with fund raising and exits.

Notably in 2016 he brought a collective companies known as the “The Marketing Group (TMG)” to be listed in NASDAQ Sweden and he served on the board for one year.

He has been active in Blockchain and Cryptocurrencies since 2016 has been involved in various aspects including project development, acceleration and investment.

Prakash is currently the CEO & Cofounder of Enjinstarter, a launchpad focused on Blockchain Gaming and Metaverses. He led the team to raise USD$5.5M in both Private and Public sales and launched the business in early October 2021 and have since completed more than 30 IDO projects on their platform. Notable projects that Enjinstarter have invested and accelerated on their platform include Defina, The Killbox and PathDAO. These projects have delivered between 24X to 53X return on investments from their public IDO launch price.

Prakash has also been actively involved in Start-up Ecosystem development in Singapore for more than a decade including his role as Vice Chairman of Action Community of Entrepreneurship from 2014 to 2017. He has also assisted various external government agencies in the set up of their market entry strategies into the Singapore and ASEAN ecosystem. This includes the Australian, Austrian and Dutch government agencies involved in start-up promotion.

In 2021, Prakash was awarded the Public Service Medal, Pingkat Bakti Masyarakat (PBM) for his voluntary contributions to the Singapore government

What Prakash Somosundram Thinks of the Current Crypto Market?

Perfect time for projects to build. Web3 is a great part of the Great Reset and it will change the way we Live, Work and Play

How Are You Participating In Developing Crypto/Blockchain/Nft/Metaverse/Web 3.0 Ecosystem?

We are investing and accelerating projects and working with Web 2 companies who are transitioning into Web3

About BuyUcoin:

BuyUcoin is a leading Cryptocurrency exchange in India, operating since 2016. The Delhi-based on-ramps crypto exchange currently serves 1M+ users and handles $500M+ in digital asset transactions. With over 10 lac customers that vouch for the ease with which BuyUcoin enables digital asset trading, we are on a mission “To bring crypto to a Billion Indians.”

The platform allows users to buy, sell, trade, and store multiple digital assets like Bitcoin, Ethereum, Ripple, Litecoin, and Stellar among many others using advanced Instant Banking services. BuyUcoin applies best-in-industry Blockchain-based solutions for crypto transactions along with automatic KYC/AML features to ensure a secure and easy crypto trading experience.

Website: https://www.buyucoin.com
Industry: Internet Marketplace Platforms
Company size: 11-50 employees
Founded: 2016
Specialties: Bitcoin, Cryptocurrency, Blockchain, Investment, Finance, E-commerce, Marketplace, Crypto Exchange, On-Ramps, Financial Exchange, Crypto, Wallet, De-Fi, Remittance, Virtual Trading, Trading, and Decentralization

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