Rahul Raj

Rahul Raj is the Co-Founder of Koinex, one of India's most prominent multi-cryptocurrency exchanges, and a Co-Founder of FloBiz, the fintech company behind the myBillBook accounting platform for Indian SMBs. He co-founded Koinex in 2017 with Rakesh Yadav and Aditya Naik, building an open order-book exchange that allowed Indian users to trade multiple digital assets against the Indian rupee. Koinex was a significant early player in India's Bitcoin and cryptocurrency market, offering real-time trading, multiple crypto pairs, and a mobile-first approach at a time when the market was rapidly growing. However, facing severe banking restrictions imposed by the Reserve Bank of India in April 2018 — which prohibited banks from providing services to crypto businesses — and the prolonged regulatory uncertainty that followed, Koinex terminated all digital-asset operations in June 2019. The exchange is historical and no longer active. Following Koinex's closure, Rahul co-founded FloBiz. His 2025 public post states he has stepped away from FloBiz's day-to-day executive responsibilities while remaining a shareholder and supporter. His personal site describes him as exploring his next venture.