Auxesis Group

blockchainiot (preventive insurance/telematics)

FOUNDING YEAR: 2014
LOCATION: India
Last Update: 01/05/2020

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About

Auxesis is a technical innovation group and a leading blockchain development company in India. Our aim is to provide best-of-breed business solutions to corporates and startups in India and across the globe by leveraging the power of blockchain technology. Among the first players in India among blockchain development, delivering applications across various industries and organizations. With the strategic approach in Blockchain development we have delivered not only POCs but production ready applications in industry.

Focus

PRODUCTS & SERVICES

We have developed more than 10 POCs in different industries to explore use cases of blockchain. We have over 2 years of company experience with blockchain research for enterprises. We are working with Government, major consulting companies, Banks and Insurance leaders across the globe, and have have 2 full fledge applications in production and being used by users all across the world.

REVENUE MODEL

fees

PRIMARY PROBLEM SOLVED

Our approach to solve a problem with our deep understanding of the relevant industry and its regulations allows us to design a blockchain solution which unlocks a new range of possibilities and efficiencies.

INTELLECTUAL PROPERTY

Patent(s) NOT_FILED

Traction

REVENUE

$100k - $499k

ACTIVE USERS:

50000000

People

FOUNDERS

Akash Gaurav

Kumar Gaurav

BOARD MEMBERS AND ADVISORS

Sergij Foski

Nick Ayton

Pawel Kuskowski

Ismail Malik

Luke Sully

NUMBER OF EMPLOYEES

51-200

COMMENT:

Auxesis Group's Founder & Chairman is serial entrepreneur Kumar Gaurav, who has been in the blockchain sphere for the past few years,is also the founder & CEO of Cashaa. Cashaa is a blockchain based money transfer platform which enables users to send cash without any fee,with the best FX rate from UK. Kumar Gaurav holds a bachelor’s degree in Computer Engineering,Masters in Management from Politecnico di Milano. Before he moved into the world of financial technology, he delivered innovative systems for luxury automobile brands like BMW,Ferrari. During his time in Italy, he also co-founded Darwinsurance, the first Italian peer-to-peer insurance company based in Milan. Kumar is in editorial group of Coin Idol & CoinTelegraph,popular international speaker on Blockchain & Bitcoin. His recent speeches in India are at Assocham`s first Global Summit on Bitcoin & Blockchain in New Delhi, Axis Innovation (Byte Academy, Bangalore),E-Summit (IIT Bombay); in Europe, he has spoken at numerous events including conferences such as Blockchain:Money, TechCrunch Disrupt, Blockchain Week, Blockchain Expo, London Tech Day, Warsaw Block (Warsaw Campus, Google),Bitcoin Wednesday, Amsterdam. Upcoming events include IMTC EMEA 2017 (Madrid), Coinfest UK, Blockconf UK, Assocham`s Second Global Summit on Bitcoin & Blockchain,,the 4th Annual European Payments Forum in Vienna. Auxesis Group`s CEO is Akash Gaurav, who started his journey as an entrepreneur during his undergraduate studies at IIT Bombay. As a core member of the Innovation Cell, he worked with the school to build intelligent systems utilizing machine learning,artificial intelligence for India’s first autonomous car. Later he became web secretary of IIT Bombay,manager of The Entrepreneurship Cell, the largest group of its type in Asia. He founded,looked after various initiatives like FCOF,E-Summit, some of the best entrepreneurial programs in the world. He also explored some technical projects involving Auxesis Group together with Kumar Gaurav. Fascinated by the power of blockchain technology to unlock many possibilities,by the efficiencies it can bring to different industries, he joined Auxesis Group on a full-time basis in September 2015 to accelerate the blockchain movement in India. He has delivered sessions on entrepreneurship,blockchain at Jai Hind College (Mumbai University),Veermata Jijabai Technological Institute (VJTI). Marketing/PR: Janina Lowisz. Janina has worked in the blockchain sphere for the past 3 years, is widely known as Blockchain Girl, is an international speaker, co-founded Bitnation,is ranked one of the Top 100 Blockchain Influencers. Partner: Ismail Malik, Top 100 Blockchain Influencer, CEO Blockchain Lab. Advisors: Nick Ayton (20+ years experience in Capital & Trading Market, author, writer at Cointelegraph), Pawel Kuskowski (Head OF Regulatory Risk & Compliance, Eversheds Head of Regulation, Royal bank of Scotland Director Compliance, UBS), Sergij Foski (COO at GateHub Manager, PWC Chairman, Bitcoin Foundation Slovenia), Luke Sully (Associate Partner, IBM Director, PwC Board Member, Chicago Bitcoin Centre).

Momentum

FUNDED

YES

DATE OF LAST FUNDING

Jul 2019

SEED CLOSED ON

Jan 2015

LISTED

NO

For Investors

FUNDING NEEDED:

$1 M

BASICS

FOUNDING YEAR:

2014

LOCATION:

India

Views:

66 VISITORS | 111 VIEWS
TOTAL EMPLOYEES
51-200

About

Auxesis is a technical innovation group and a leading blockchain development company in India. Our aim is to provide best-of-breed business solutions to corporates and startups in India and across the globe by leveraging the power of blockchain technology. Among the first players in India among blockchain development, delivering applications across various industries and organizations. With the strategic approach in Blockchain development we have delivered not only POCs but production ready applications in industry.

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Focus+
Momentum+
Traction+
People+
For Investors+
Other+

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Auxesis Group

About

Auxesis is a technical innovation group and a leading blockchain development company in India. Our aim is to provide best-of-breed business solutions to corporates and startups in India and across the globe by leveraging the power of blockchain technology. Among the first players in India among blockchain development, delivering applications across various industries and organizations. With the strategic approach in Blockchain development we have delivered not only POCs but production ready applications in industry.

Focus

PRODUCTS & SERVICES

We have developed more than 10 POCs in different industries to explore use cases of blockchain. We have over 2 years of company experience with blockchain research for enterprises. We are working with Government, major consulting companies, Banks and Insurance leaders across the globe, and have have 2 full fledge applications in production and being used by users all across the world.

REVENUE MODEL

fees

TOP PROBLEM SOLVED

Our approach to solve a problem with our deep understanding of the relevant industry and its regulations allows us to design a blockchain solution which unlocks a new range of possibilities and efficiencies.

PRODUCT DEVELOPMENT STAGE

COMMERCIAL LAUNCH

PRODUCT DEVELOPMENT COMMENT

POCs include Bitcoin exchange, multi-currency wallet, payment gateway, supply chain management and land registry. Projects include Btc2Bid (p2p location-based Bitcoin trading platform), Cashaa (marketplace for cash transfer at zero fee), Darwinsurance (p2p insurance making insurance transparent and social), Smart Water London (building water resilience through digital economic incentives & community engagement), Real Estate Chain (Tokenizing real estate to smoothen cross-border real estate investment) and Gold Supply Chain & Trading (tracking gold production & tokenising gold bullions).

KEY DIFFERENTIATORS

Auxesis has been one of the first Indian blockchain companies and the first to offer its services internationally. We provide a thorough technical consultancy from ideation stage itself to start-ups along with a highly motivated technical team. A team expert in covering all round requirements which consists of experienced developers, cyber security experts, server experts, front-end designers and project managers. - Product Development: POC & Prototyping for new innovation; End to end solution at enterprise grade; acting as an extended arm to organisations - Blockchain Experience: Our team can design, build and integrate a customised blockchain with the current system - Research and Innovation: New use cases for various industries turning blockchain enterprise ready; contribution to blockchain development - Training & Awareness: Leading blockchain campaigns; organised workshops & lecture series; launching online training programme - In partnership with Blockchain Lab London and MultiChain, with sharing expertise we are constantly exploring for new technological solutions using blockchain technology. - In partnership with Coinfirm, we apply the proprietary algorithms that result in actionable conclusions forAML/CFT compliance, credit risk assessment, and increased efficiency. - With the help of Entrepreneurship Cell, IIT Bombay we are constantly organising workshops and lecture series in leading Technical Institutes to make students aware about the technology while sourcing the best people in our team.

PRIMARY CUSTOMER TYPE

Enterprise - Banks or Financial Institutions

Enterprise - Others

Small And Medium Business - Other

PRODUCT ATTRIBUTES

SaaS

White label

Back Office

Customer facing

People

FOUNDERS

Akash Gaurav

Kumar Gaurav

NUMBER OF EMPLOYEES

11-50

KEY EMPLOYEES:

CEO, FOUNDER: Akash Gaurav

CTO: Amjad Khan

FOUNDER: Kumar Gaurav

TEAM COMMENT:

Auxesis Group's Founder & Chairman is serial entrepreneur Kumar Gaurav, who has been in the blockchain sphere for the past few years,is also the founder & CEO of Cashaa. Cashaa is a blockchain based money transfer platform which enables users to send cash without any fee,with the best FX rate from UK. Kumar Gaurav holds a bachelor’s degree in Computer Engineering,Masters in Management from Politecnico di Milano. Before he moved into the world of financial technology, he delivered innovative systems for luxury automobile brands like BMW,Ferrari. During his time in Italy, he also co-founded Darwinsurance, the first Italian peer-to-peer insurance company based in Milan. Kumar is in editorial group of Coin Idol & CoinTelegraph,popular international speaker on Blockchain & Bitcoin. His recent speeches in India are at Assocham`s first Global Summit on Bitcoin & Blockchain in New Delhi, Axis Innovation (Byte Academy, Bangalore),E-Summit (IIT Bombay); in Europe, he has spoken at numerous events including conferences such as Blockchain:Money, TechCrunch Disrupt, Blockchain Week, Blockchain Expo, London Tech Day, Warsaw Block (Warsaw Campus, Google),Bitcoin Wednesday, Amsterdam. Upcoming events include IMTC EMEA 2017 (Madrid), Coinfest UK, Blockconf UK, Assocham`s Second Global Summit on Bitcoin & Blockchain,,the 4th Annual European Payments Forum in Vienna. Auxesis Group`s CEO is Akash Gaurav, who started his journey as an entrepreneur during his undergraduate studies at IIT Bombay. As a core member of the Innovation Cell, he worked with the school to build intelligent systems utilizing machine learning,artificial intelligence for India’s first autonomous car. Later he became web secretary of IIT Bombay,manager of The Entrepreneurship Cell, the largest group of its type in Asia. He founded,looked after various initiatives like FCOF,E-Summit, some of the best entrepreneurial programs in the world. He also explored some technical projects involving Auxesis Group together with Kumar Gaurav. Fascinated by the power of blockchain technology to unlock many possibilities,by the efficiencies it can bring to different industries, he joined Auxesis Group on a full-time basis in September 2015 to accelerate the blockchain movement in India. He has delivered sessions on entrepreneurship,blockchain at Jai Hind College (Mumbai University),Veermata Jijabai Technological Institute (VJTI). Marketing/PR: Janina Lowisz. Janina has worked in the blockchain sphere for the past 3 years, is widely known as Blockchain Girl, is an international speaker, co-founded Bitnation,is ranked one of the Top 100 Blockchain Influencers. Partner: Ismail Malik, Top 100 Blockchain Influencer, CEO Blockchain Lab. Advisors: Nick Ayton (20+ years experience in Capital & Trading Market, author, writer at Cointelegraph), Pawel Kuskowski (Head OF Regulatory Risk & Compliance, Eversheds Head of Regulation, Royal bank of Scotland Director Compliance, UBS), Sergij Foski (COO at GateHub Manager, PWC Chairman, Bitcoin Foundation Slovenia), Luke Sully (Associate Partner, IBM Director, PwC Board Member, Chicago Bitcoin Centre).

BOARD MEMBERS AND ADVISORS:

Sergij Foski, Nick Ayton, Pawel Kuskowski, Ismail Malik, Luke Sully

Momentum

FUNDED

NO

LISTED

NO

FUNDING SERIES