OTPless Names Satyam Nathani CEO, Tanmay Sagar COO
Satyam Nathani
Identity and access management startup OTPless has elevated co-founders Satyam Nathani and Tanmay Sagar as CEO and COO, respectively, according to its press release. The leadership changes come as the Bengaluru-based company enters its next phase of growth.
Nathani and Sagar co-founded OTPless in 2023 and have since scaled the platform to more than 300 million users and Rs 36 crore in annualised revenue. This represents 2.5X growth over the previous year.
According to the release, the 12-member startup has also been profitable for the past two quarters.
Before starting OTPless, both founders dropped out of IIT Delhi and joined BharatPe as founding members. They were part of the fintech company’s early growth and its journey to becoming a unicorn.
OTPless provides authentication and identity solutions to consumer businesses through technologies including Silent Network Authentication, WhatsApp Authentication, Device Intelligence and Passkeys.
Its platform authenticates more than 300 million mobile users and counts Meesho, Navi, PhysicsWallah, ShareChat, Shiprocket, ixigo and Zepto among its customers.
The company has raised $6.5 million from investors including Venture Highway, White Venture, FJ Labs, SIDBI and Piper Serica.
FAQs
1. Who are the co-founders of OTPless?
Satyam Nathani and Tanmay Sagar co-founded OTPless in 2023.
2. What are the new roles of Satyam Nathani and Tanmay Sagar?
Satyam Nathani has been elevated as CEO, while Tanmay Sagar has been elevated as COO.
3. How many users does OTPless authenticate?
OTPless authenticates more than 300 million mobile users.
4. What is OTPless’s annualised revenue?
OTPless has Rs 36 crore in annualised revenue, representing 2.5X growth over the previous year.
5. How much funding has OTPless raised?
OTPless has raised $6.5 million from investors including Venture Highway, White Venture, FJ Labs, SIDBI and Piper Serica.

