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The Smart Techie was renamed Siliconindia India Edition starting Feb 2012 to continue the nearly two decade track record of excellence of our US edition.

June - 2009 - issue > STARTUP CITY

CashNXT Technologies

Jayakishore Bayadi
Tuesday, June 2, 2009
Jayakishore Bayadi
A young startup, Cashnxt, founded by Anish Achuthan uses network of ATMs and banking terminals deployed across the nation to extend banking services to the unbanked customers in the semi-urban and rural markets of India. Achuthan and team have developed a branchless network consisting of low-cost ATMs and a mobile banking gateway that lets you perform transactions using your cell phone. Their prime goal is to bring modern banking technologies to such semi-urban and rural markets where traditional banks are unwilling or unable to set up ATMs.


CEO & PRESIDENT: Anish Achuthan

CTO: Jay Reddy

VP (Business Development): Mabel Chacko Anish has over 6 years experience managing founding startups in the Internet, mobile and financial technology space. Jay has over 5 years experience in mobile payment domain and has formerly been with Kyocere wireless and Motorola. Mabel heads the business development activities of Cashnxt and was formerly the founder of branchless banking startup Precogx financial services.

HEADCOUNT: 20

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