‹ StopDownOTPless

OTPless

Login and identity tools for apps, without texted one-time codes

BengaluruIdentity and securityPrivateWebsite ↗LinkedIn ↗X ↗
$6.5MTotal raised2026
Rs 36 CrAnnualised revenueSep 2026
120M+Logins a month2026
◎The short version7 key points
  • OTPless lets people sign in to apps through WhatsApp, passkeys and SIM checks instead of typing a texted code.EntrackrEntrackrBW Disrupt
  • Its customers include Meesho, Zepto, ShareChat, Shiprocket, PhysicsWallah, Navi, OLX and Classplus.BW DisruptEntrackr
  • Bhavik Koladiya, a former BharatPe co-founder, became CEO in January 2023 after first joining as a board member.YourStory
  • It raised a $3.5 million pre-Series A in May 2024, led by SIDBI, taking total funding to about $6.5 million.EntrackrYourStory
  • In September 2026 co-founders Satyam Nathani and Tanmay Sagar became CEO and COO as Koladiya stepped away.BW DisruptInc42
  • It says annualised revenue is Rs 36 crore and it has been profitable for the last two quarters.BW DisruptEntrackr
  • On 1 October 2026 it named early team member Manas Poddar chief business officer, in charge of sales and partnerships.Entrackr
↗Timeline5 events
2023
Jan 2023

Bhavik Koladiya became CEO

YourStory
Feb 2023

Seed round of $2.7 million

Entrackr
2024
May 2024

Pre-Series A: $3.5 million led by SIDBI

EntrackrYourStory
2026
Sep 2026

Satyam Nathani became CEO and Tanmay Sagar COO

BW DisruptEntrackrInc42
Oct 2026

Manas Poddar named chief business officer

Entrackr
₹Funding2 rounds
$2.7MSeed$3.5MPre-A

Bar height shows relative size of each round.

SeedFeb 2023
$2.7 million
Neeraj Arora, Kunal Shah, Amrish Rau, Jitendra Gupta, Utsav Somani, Amit Jain, Fabrice Grinda, Luke Skertich
Entrackr
Pre-Series AMay 2024
$3.5 million
SIDBI (lead), Venture Highway, FJ Labs, Piper Serica
EntrackrYourStory
▣Products5 items
WhatsApp Authentication

Lets users verify themselves and log in through WhatsApp.

BW Disrupt
Passkeys

Password-free login using the user's device.

BW Disrupt
Silent Network Authentication

Checks a user through the phone's SIM, with no texted code.

BW DisruptEntrackr
UPI SIM Binding

Ties a payment app login to the user's SIM card.

BW Disrupt
Device intelligence and fraud tools

Help spot fake or risky sign-ups.

Entrackr
●People4 people
Satyam Nathani

CEO since September 2026. Co-founder, early BharatPe team member, left IIT Delhi before finishing.

BW DisruptEntrackr
Tanmay Sagar

COO and co-founder. Founding member at BharatPe, left in 2021 to start OTPless.

BW DisruptEntrackr
Bhavik Koladiya

Co-founder of BharatPe and CEO of OTPless from January 2023 until he stepped away in September 2026.

YourStoryBW Disrupt
Manas Poddar

Chief business officer. Joined in 2023 and led the business side.

Entrackr

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