Edul Patel

Edul Patel (born June 1, 1989) is an Indian entrepreneur and finance professional known for his significant contributions to the fintech industry. He currently serves as a CEO and Co-founder of Mudrex, a global crypto investment platform, which simplifies crypto investing for retail investors. His strong academic background and passion for entrepreneurship paved the way for a successful career in finance, where he served as a senior business analyst at Deutsche Bank in Mumbai. However, Patel's entrepreneurial spirit led him to co-found two prominent startups, Niffler and Mudrex.
Niffler was a mobile app that allowed users to discover exciting deals and discounts from various brands and stores. On the other hand, Mudrex is revolutionizing crypto investments empowering individuals and institutions to invest in digital assets.
Patel's role as the Co-founder and CEO at Mudrex and product head at Tapzo reflects his passion towards technology and his forward-looking vision for the future. He takes an active role in sharing his expertise and unique viewpoints on cryptocurrency and blockchain, shaping the development of the digital assets and inspiring fellow entrepreneurs.
==Early life and education==
Patel was born on June 1, 1989, in Mumbai, India. He completed his schooling in Nagpur, where he actively participated in various STEM competitions at the school and city levels. He pursued higher education at the prestigious Indian Institute of Technology (IIT) Bombay. At IIT Bombay, he displayed academic excellence earning a Master of Engineering (MEng) degree in Materials Science. During his time at IIT, Patel showcased his leadership skills as the Chief Editor for Pulse, the esteemed Science and Technology Magazine of IIT Bombay. He actively participated in event management taking on roles in Techfest, the Student Satellite Team, and the Baja SAE F1 Team, displaying his leadership skills and passion for technology and management.
==Career==
After completing his education, Patel joined Deutsche Bank in Mumbai as a senior business analyst. His role at the bank involved working on the foreign exchange risk and margining desk, which provided him valuable insights into risk management within the foreign exchange markets. Extending his expertise to product management and business development, Patel led the development of a real-time risk management portfolio margining system. Additionally, he also worked on data analytics and building system development at Deutsche Bank, showcasing his data analytical skills.
In August 2013, Patel co-founded the Mumbai-based startup Niffler Labs with his fellow IITians Prince Arora and Viraj Shah. Niffler aimed to revolutionize the shopping experience by offering a mobile-first platform, allowing users to discover deals and discounts from brick-and-mortar stores across diverse lifestyle needs, including food, drinks, spas, apparel, and home decor. The startup garnered significant attention and received an investment of $1 million from SAIF Partners.
In 2015, Niffler's growth and success led to its acquisition by Tapzo, an all-in-one app that provides a wide range of services, such as recharging phones, tech support, booking movie tickets, food ordering, and more. After Niffler Labs was acquired by Tapzo, Patel assumed the Head of Product role to build the core infrastructure and app at Tapzo.
In 2018, Patel co-founded Mudrex, a fintech startup that has now become a game-changer in cryptocurrency investing. As the Co-founder and CEO, Patel brought over a decade of expertise in finance, entrepreneurship, and tech-driven applications. Mudrex revolutionizes cryptocurrency investing by offering retail investors a dynamic platform for getting better risk-adjusted returns in a volatile market.
Recognized as an industry expert, Patel frequently participates as a panelist in diverse events and conferences centered around Web 3.0, Fintech, and Crypto. His valuable contributions to these discussions and consistent publication of articles across multiple media outlets exemplify his dedication to create awareness around the Web 3.0 and crypto ecosystems.
==Personal life==
Patel lives in Bengaluru, Karnataka, and is married to his wife, Persis Patel. He is passionate about riding motorcycles.
==Awards and recognitions==
* Patel was honored with the Role of Honor from IIT Bombay.
* Patel was recognized as the 'Most Promising Web 3.0 Entrepreneur' at the Web 3.0 Conclave 2023.
==In the media==
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==References==
==External links==
* Mudrex website
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Category:1989 births
Category:Indian Entrepreneur
Category:Indian people in finance
Category:Blockchain expert
Category:IIT Bombay alumni