People · Enterprise Software & IT

OTPless elevates co-founders to CEO and COO roles

By Startup Enthusiast · 18 September 2026

What they do

OTPless builds user verification tools that let consumer apps log people in without relying on text passwords or passcodes

Co-founders Satyam Nathani and Tanmay Sagar have taken over as CEO and COO following the retirement of Bhavik Koladiya

The Bengaluru startup reports an annualised revenue of Rs 36 crore and has stayed profitable over the past two quarters

Satyam Nathani has taken over as the Chief Executive Officer at OTPless.
Tanmay Sagar has stepped into the role of Chief Operating Officer.
Earlier CEO Bhavik Koladiya has left the position and plans to retire.
Satyam Nathani will head overall business strategy and market expansion.
Tanmay Sagar will oversee company operations and daily execution.
The startup builds identity tools that let consumer apps sign in users without SMS codes or passwords.
OTPless has remained profitable across the last two quarters.

Bhavik Koladiya stepped down from active leadership to begin his retirement.
The leadership elevation puts the original co-founders back in charge of operational and strategic execution.
The business is shifting focus toward authorisation tools alongside its core verification suite.

OTPless delivers identity and access management software using prebuilt code bundles and interfaces.
Its product catalogue includes WhatsApp Authentication, Passkeys, Silent Network Authentication, and UPI SIM Binding.
The system helps consumer internet businesses verify user identities, reduce fraudulent activity, and boost sign-up conversion.
The firm serves enterprise clients such as Meesho, Zepto, ShareChat, Shiprocket, and PhysicsWallah.
Its infrastructure verifies more than 300 million mobile phone users.
The business operates with a team of 12 members in Bengaluru.
Annualised sales have hit Rs 36 crore, growing 2.5 times compared to the prior year.

The business plans to expand its geographic presence into international markets.
Engineers are building new features to handle authorisation (verifying what a user is permitted to do).