Co-Founder Chief Technical Officer

2 weeks ago


India Nahar OM Family Co-op Office Full time
Co-Founder -CTO ( 3.5% Equity for 50 lac Capital or Equivalent resources)

This is not a job role, but a Founder–Partner opportunity, where the incoming partner will also contribute capital as outlined above.

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

· Integrations v1: one KYC/AML vendor + bureau + bank statements + GST doc ingest.

· Ops console v1: review queue, override with reason codes; export credit-committee pack.

Secondary Platform

· Ingest v1: nightly pulls (CSV/API/manual) from 3 sources you already track (e.g., WWIPL/unlisted, one lease platform, one bonds platform).

· Compliance guardrails page (ToS respect, no solicitation; disclosures).

· Risk lenses: liquidity score, tenor, underlying, counterparty flag, min ticket.

AI/ML ESG–SDG Engine

· Program tagging live on pilot invoices (ZED/SRLM).

· ESG/KPI calculations v1 (e.g., kWh saved proxy, basic CO₂e factor where applicable, gender/SHG flags from form data).

· Exporter: DFI-ready one-pager per pilot (PDF + CSV).

Artifacts

· Model cards (features, drift checks), playbooks for incident & access review; data retention policy.

Success by Day 60

· 2 external pilots technically supportable;

· Secondary platform catalog live with 100+ normalized line items;

· ESG one-pagers render from live pilot data.

Day 90 — "Production & Reliability"

Core MSME Risk Rails

· Prod SLA: p50

· Monitoring: precision/recall dashboards, false-positive budget, drift alarms.

· Data lifecycle: purge jobs, PII re-key rotation, access recertification.

Secondary Platform

· Coverage: ≥5 sources; search/filters (risk, tenor, IRR, underlying).

· Dossier generator (instrument summaries + risk memo).

· Simple "watchlist" & alert emails for new inventory/moves.

AI/ML ESG–SDG Engine

· ESG schemas hardened (ProgramID dictionary, factor registry).

· Pilot ESG dashboard (per program, per partner), export pack for DFIs (SIDBI/IFAD/CLASP cohorts).

· Plan for geospatial hooks (SatSure/Planet) and evidence attachment workflows (photos, invoices, site visit notes).

Team

· Hire 1 Sr Data Engineer + 1 MLE (from ESOP) and hand them specific modules.

Success by Day 90

· Two pilots running on prod rails;

· Secondary platform used internally for research & partner briefings;

· ESG reports accepted by at least one external reviewer (incubator/DFI/partner)

What We're Looking For

We are looking for a co-founder who is more than just a role title — someone who wants to build Ethyx as if it were their own. This means:

· Self-initiative & resilience: You thrive without a playbook, can handle ambiguity, and keep moving forward when the road gets tough and are ok with frequent pivots.

· Creator mindset: You don't just solve problems, you create new possibilities. You're as comfortable sketching on a whiteboard as you are structuring deals or designing systems.

· Go-getter drive: Whether it's opening doors with investors, engaging with ministries, or getting into the weeds of product, you chase outcomes, not just effort.

· Financial commitment: Beyond time and expertise, you bring in skin in the game —

o Contribute ₹50 lakhs in capital for 3.5% equity, or

Bring in your own team/resources of equivalent value to accelerate execution

How to connect: pranavnahar@gmail.com, +91-9790964307 (WhatsApp message)

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