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ABOUT

Nearex is a fast growing Fintech company, providing a breakthrough cashless payment technology that’s revolutionizing mass payments across emerging markets. Founded in December 2012, by professionals from the mobile and fintech industry, Nearex created Xip to take on the challenge of making electronic payments as simple and easy to use as cash, and most importantly, affordable enough to use for the smallest merchant in any country. Nearex has its product development base in Bangalore, India and manufacturing in Shenzhen, China. Xip has grown rapidly, with market research and extensive pilots lasting over a year, from a mere concept to a payment system that’s touching lives in the many countries where it is deployed today. Nearex’s investors include Tata Capital, Beenos Asia and Xinvesco.

OUR TEAM

mayank-sharma
MAYANK SHARMACEO

Mayank believes the challenge of cashless micropayments can only be solved when a technology competes favourably with the convenience and affordability of cash. He started Nearex to empower consumers & merchants around the world with simple cashless payments leveraging the reach of mobile phones. Mayank is an industry veteran with experience of leading multiple global teams.

Arun Tanksali
ARUN TANKSALICTO

Arun's passion is for making society adopt electronic cash and harnessing technology for the greater good of society. He remains an active developer, product manager, tester and field engineer. He has worked in the telecom and IT industries for over 25 years. He was earlier the CTO of Mahindra Comviva and Co-Founder and CTO of Jataayu Software.

raj-kesarimall
RAJ KESARIMALLCMO

With over 25 years experience in the Telecom and IT Industry, Raj has shouldered Sales, Marketing and P&L responsibility across India, Europe & Americas. He loves the challenge of taking new products and ideas to the global markets & is an avid traveler. Prior to Nearex, he was CEO of Integra Micro Software Services, VP of Mahindra Comviva and Co-Founder of Jataayu Software.

mahesh-goel
MAHESH GOELCOO

Mahesh is one of the founding members and Angel investor of Nearex. He brings with him extensive experience spanning across Singapore, USA, Europe and India with Financial Institutions, Telecom, Consulting and Manufacturing companies. He loves to play squash and practice yoga & meditation.

santhosh-kumar
SANTOSH KUMARVP- DEVELOPMENT

Santosh's mission is to make XIP a world class product getting used by millions of users across the world. He is a soft-spoken geek at heart with strong eye for details and passion for technology. Santosh comes with 17 years of professional experience in Telecom and IT based products-services in various roles.

alvin-chu
ALVIN CHUMANAGER CHINA OPERATIONS

Alvin's passion is to take simple and secure mobile money solution to the last mile in the world. He focuses on providing cost-efficient supply chain and manufacturing management. He has been in telecom and consumer electronics industry for more than 20 years, in the role of sales & marketing, product & project management and operations.

DURJOY BASUVP, DELIVERY & SUPPORT

Durjoy’s mission is to play an active role in financial inclusion, health and education for the poorest sectors of society! He is a lifelong learner who analyses how finance, information technology and human behaviour could collectively make or mar our future! He is a Citibank technology veteran of over 20 years in Global roles with previous experiences in Hardware Product Management and Design.

OUR INVESTORS

AWARDS