TESSEREX (OPC) PRIVATE LIMITED
Sectors as filed: Mobile wallets Payments
The website is as filed on the register. We have not checked that it resolves.
Six things we look for on every record: DPIIT recognition, a CIN, a website, a description, a logo and a funding signal. Not held here: DPIIT recognised and Funding signal.
What this record amounts to
TESSEREX (OPC) PRIVATE LIMITED is a Startup India record we can place no finer than Mumbai district, which holds 34,017 records in this snapshot. 1,510 of those records are filed under Finance Technology, 4% of the district. It carries no funding signal of any class, which is true of 30,840 of the 34,017 records in Mumbai.
Every figure above is counted from the 2026-08 snapshot and is the same number the page it links to prints.
In their own words
TesserEx, derived from "Tesser" (signifying transmission from one point to another in space, akin to "Tesseract") and "Ex" (exchange). It connects with our mission of instant transmission of payments through P2P currency exchange.Initiative: The TesserEx (Transmit initiative) will enable instant cross-border P2P payment transactions by leveraging AI, Blockchain, and crypto-based virtual coins. Presently, people rely on traditional methods like credit cards, debit cards, traveler's checks, cash, and online banking for foreign remittances. The average cost of forex remittance transactions is a hefty 5-7% globally. In India, mobile payment companies like PhonePe, and GPay have been requesting transaction fees or merchant discount rates (MDRs) for UPI transactions for long-term sustainability. TesserEx system will change this scenario by developing a sustainable cross-border payment ecosystem.Imagine this: Vishal is traveling from India to the USA. Wouldn't it be convenient if he could use the Amazon UPI app to make Forex transactions instantly on his phone or what if an American person traveling to China could use the Cash Pay, Google Pay, or Amazon Pay app (USA)?The TesserEx solution is based on USD currency and therefore, it will not create any legal issues with sovereign powers. It will pave the way for AI-based programmable virtual currency with applications in cross-border e-commerce, instant payments, etc. This solution can make cross-border transactions possible even on instant messaging apps like WhatsApp, Instagram, Snapchat, and WeChat, etc.,
Written by the company on its public Startup India profile. Not verified by us.
What the record says
- CIN
- U62020MH2024OPC421035
- Registered on Startup India
- 2024
- Self-declared stage
- Validation
- Industry
- Finance Technology
- Finance Technology in Mumbai
- 1,510 records
- District
- Mumbai
- State
- Maharashtra
Where this is
District
Mumbai
Maharashtra
Startup India records the district. We do not have a street address for this company, and we will not invent one.
No point is drawn, because we do not have one.
Geocode confidence: medium
The neighbourhood
This record carries no locality line, so the district is the finest ring we can place it in.
What we do not know
- no incorporation date
- no funding signal of any kind
- no address beyond the district
We have no liveness signal for any company on this site: no filings feed, no revenue, no check that the website still resolves. A record existing here means a record exists, not that a business is trading.
Is this your company?
Everything here comes from public government records. If something is wrong, the authoritative place to correct it is the Startup India portal itself, and we will pick the correction up on the next monthly snapshot. To flag an error on our side, use the report link or write to trust@indianstartupmap.com.
How we built this record Where the data comes from How you may reuse it
Keep looking
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