Co-Founder Chief Technical Officer

7 days ago

Mumbai, Maharashtra, India Nahar OM Family Co-op Office Full time

Co-Founder -CTO ( On Equity + Cash-In)

About Ethyx

Ethyx has recently closed a round at INR 12 crore valuation and is building the next generation of trust infrastructure for MSME and SHG finance. We're creating a platform where finance, technology, and sustainability converge: every invoice becomes a proof of trust, every flow of money carries its ESG/SDG story, and every small entrepreneur can be part of a verifiable, dignified growth journey.

As a founding team, we value ownership, curiosity, and resilience. We thrive in the messy intersections of finance, policy, and technology, where there are no easy answers but immense potential for transformation. If you're driven by purpose, excited by building from first principles, and ready to co-create an ecosystem that aligns — Ethyx is the place to do it. In 6 months we are planning to go from 12Cr to 30 Cr valuation in Bridge rounds.

Our Work Culture

At Ethyx, we are not building a typical startup — we are shaping a system that demands first principles thinking, resilience, and initiative. We operate with a culture of self-drive and ownership, where every team member is expected to be a creator, problem-solver, and go-getter. There are no hand-holding manuals here — we believe in carving paths where none exist, experimenting boldly, and iterating fast. We don't believe in meetings, everyone meets their own deadlines.

Ethyx is a place for those who want to co-create, not just contribute; who are self-driven, agile and not get perturbed with Pivots.

Roles & KPIs

Day 30 — "Foundations & Demoables"

Core MSME Risk Rails

·       Architecture doc + data contracts (KYC/AML, GST, bank, invoices, escrow events).

·       Neo4j graph v0 (Borrower, Promoter, GSTIN, Invoice, Device, BankAcct, Contact, Address; edges: owns, transacts_with, shares_device, address_overlap, guarantor_of, pledge_link, vendor_of).

·       Rules engine v0 (co-address/phone/IMEI; circular trades; pledge conflicts).

·       Console v0 (read-only), immutable audit logging; SSO/MFA; PII at-rest encryption.

Secondary Platform (read-only aggregator v0)

·       Scope doc + schema for unlisted/alt inventory (WWIPL, Indianext, Grip/LeafRound lease, bonds platforms, EU ETS ETFs KRBN/KEUA, voluntary carbon venues notes, etc.).

·       Data adapters: start with CSV/API/manual ingest; no trading—discovery/analytics only.

·       Price/terms normalization + risk tags (liquidity, custody, jurisdiction/LRS).

AI/ML ESG–SDG Engine (telemetry hooks)

·       Minimal ontology: Invoice ProgramID (ZED/SRLM/DISCOM) ESGMetric.

·       Draft adapters plan for SatSure/Planet/IMD where relevant; don't integrate yet—mock data to prove reports.

Artifacts

·       Security baseline (RBAC, secrets mgmt); DPIA draft.

·       Surepass/IDfy/Deepvue, bank-stmt parser, Masters India OCR

Success by Day 30

·       Working graph & rules demo on sample cohorts.

·       Secondary platform catalogue UI showing normalized instruments.

·       ESG report mock for a pilot invoice (PDF or dashboard).

Day 60 — "Pilot-Ready v1"

Core MSME Risk Rails

·       Score APIs live (fraud, early-DPD, RAS calculator) with cached features; p50

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