Rixchange

Chennai, India Founded: 2019 • Age: 7 yrs
Offers technology for insurance digitalization, automation, and regulatory compliance.

About Rixchange

Rixchange is a company based in Chennai (India) founded in 2019. It operates as a B2B. The company has 1 employees. Rixchange offers products and services including Reinsurance Compliance Solution and Subscription Hosting. Rixchange operates in a competitive market with competitors including Gemini, FTX, Blockchain, Bitstamp and PDAX, among others.

  • Headquarter Chennai, India
  • Employees 1
  • Sectors
    Financial Services
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website rixchange.com
  • Legal Name Rix System & Solutions Private Limited
  • Date of Incorporation 17 May, 2021
  • Jurisdiction Mumbai, Maharashtra, India
Key Metrics
  • Annual Revenue
    ₹76,262

    FY 2025 · -94% YoY

  • Net Loss
    -₹51.1 Lakh

    FY 2025 · -6698% margin

  • EBITDA
    -₹14.8 Lakh

    FY 2025 · -1944% margin

  • Employee Count
    1

Products & Services of Rixchange

Rixchange offers a comprehensive portfolio of products and services, including Reinsurance Compliance Solution and Subscription Hosting.

Reinsurance Compliance Solution
Compliance Platform

Platform for managing documents and ensuring regulatory compliance.

Subscription Hosting
Hosting Service

Service for hosting and subscribing to tech solutions.

Board of directors of Rix System & Solutions Private Limited (Rixchange)

Rix System & Solutions Private Limited is the primary company behind Rixchange. The board of Rix System & Solutions Private Limited currently have 6 directors; the longest-serving is Nishigandha Anant Pawar, appointed in 2021. 1 earlier director has ceased.

DirectorDesignationAppointedTenureEntity
Nishigandha Anant Pawar
DIN 09176654
Director17 May 20215 yrs 4 moRix System & Solutions Private Limited
Prabodh Bhagwandas Thakker
DIN 00133946
Director21 Feb 20251 yr 7 moRix System & Solutions Private Limited
Krunal Bhopesh Kumar
DIN 02569377
Director12 Aug 20251 yr 1 moRix System & Solutions Private Limited
Latesh Angara Shetty
DIN 01805322
Director08 May 20265 moRix System & Solutions Private Limited
Rahul Mahadev Niwathe
DIN 11705962
Director08 May 20265 moRix System & Solutions Private Limited
Krishna Bhiku Pawar
DIN 11837704
Additional Director26 Aug 20261 moRix System & Solutions Private Limited

Financials of Rixchange

Figures of Rix System & Solutions Private Limited, the primary company behind Rixchange, for FY 2025. Revenue was ₹76,262 (-94% year on year). Net loss was -₹51.1 Lakh (-6698% margin). EBITDA was -₹14.8 Lakh (-1944% margin).

  • ₹76,262Revenue · FY 2025 · -94% YoY
  • -₹51.1 LakhNet loss · -6698% margin
  • -₹14.8 LakhEBITDA · -1944% margin
  • ₹6.52 CrPaid-up capital

Balance sheet, profit and loss, cash flow and ratios of Rix System & Solutions Private Limited are on its company page.

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Detailed financial statements for Rixchange

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Competitors of Rixchange

Rixchange operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Gemini, FTX, Blockchain, Bitstamp and PDAX, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
gemini.com2014New York, United States$423.9M551
Platform offering crypto exchange solutions
ftx.com2019Nassau, Bahamas$1.73B41
Cryptocurrency trading is facilitated through an online platform.
blockchain.com2011London, United Kingdom$700M–
App-based platform for exchange and trading solutions for cryptocurrency
bitstamp.net2011London, United Kingdom$11.37M–
Cryptocurrencies are bought, sold, and exchanged via a mobile app.
pdax.ph2017Makati, Philippines$62.5M–
Online exchange platform for cryptocurrencies
bit2me.com2015Valencia, Spain$83.22M–
Online platform for crypto exchange
liquid.com2014Japan$20M–
Digital assets are exchanged through an online platform.
bithumb.com2013Seoul, South Korea$200M–
Cryptocurrency exchange services are operated in South Korea by Bithumb.
bitmart.com2017New York, United States––
Cryptocurrency trading is supported via a mobile application platform.
dunamu.com2012Seoul, South Korea$138.18M–
Cryptocurrency is exchanged, bought, and sold via an online platform.
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Detailed competitors of Rixchange

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

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Similar companies to Rixchange

10 companies that operate in the same segment as Rixchange (Insurance Technology & Support Services), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Insurance products for vehicles, health, travel, and life are offered.
2016Bengaluru, Karnataka, IndiaUSD 655.23 MUSD 216.04 M461
Auto insurance is delivered via app to individual drivers.
2017London, England, United KingdomUSD 206.3 M––
Cloud-based platform for property and casualty insurance is provided.
2001San Mateo, California, United States–USD 1.48 B226
Claims administration, loss adjusting, and benefits management services are provided.
1969Memphis, Tennessee, United StatesUSD 2.63 M––
Online property and casualty insurance is provided for businesses.
2017San Francisco, California, United StatesUSD 800 M––
Satellite-based imaging solutions are provided using synthetic aperture radar.
2016Palo Alto, California, United StatesUSD 233.99 M–191
API-enabled insurance distribution platform is provided for B2C companies.
2011Noida, Uttar Pradesh, IndiaUSD 120.6 M––
AI and microsatellite-based imaging solutions are developed for data monitoring.
2014Espoo, FinlandUSD 1.16 B––
Software suite for insurance distribution and management is provided.
2014New York, New York, United StatesUSD 354.55 MUSD 21.6 K–
AI-enabled driver monitoring and fleet safety management solutions
2015Palo Alto, California, United StatesUSD 182.84 M––
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Frequently Asked Questions about Rixchange

Rixchange was founded in 2019.

Rixchange is headquartered in Chennai, India. It is registered at Chennai, Tamil Nadu, India.

Rixchange has 1 employees.

The primary company behind Rixchange, Rix System & Solutions Private Limited, reported revenue of β‚Ή76,262 for FY 2025, down 94% year on year.

RIX is an InsurTech startup that develops technology solutions to help the insurance industry digitalize processes and comply with governance norms. They focus on addressing complex challenges in reinsurance and insurance operations by providing customized tools for insurers, reinsurers, intermediaries, and corporates. Through tech-driven approaches, RIX enhances efficiency, accountability, and transparency in the global insurance marketplace.

Rixchange's top competitors include Blockchain, Gemini and FTX.

Rixchange offers Reinsurance Compliance Solution and Subscription Hosting.

Rixchange operates through Rix System & Solutions Private Limited.

The legal entities of Rixchange currently have 6 directors, including Nishigandha Anant Pawar, Latesh Angara Shetty, Prabodh Bhagwandas Thakker and others.

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