Taron Mohan

Background

About Taron Mohan

Entrepreneur / Technologist / adventurer and mentor. Trend setter on technology / applications for simplified life Globally travelled / multi faceted experience – manufacturing / mobiles / payments / telecom networks / transit / digital inclusion at IIT, built a conversion kit for shuttle power looms into air-jet looms, the winding drum from Leesona Corp and the rest here. Enhanced productivity by 230% with a 50% additional capex 1985 - 1994 : Engineering Innovations Ltd, Began as an entrepreneur by setting up the country’s first and largest precision sheet metal fabrication facility. 1994 – ITIDA Cad Services Pvt. Ltd, The country’s first CAD/CAM software product company – laser / plasma cutting and sheet metal punching machines. – 2012 Phoneytunes.com / Mobisoft Telesolutions Pvt. Ltd, The first mobile VAS service for ringtones / logos and picture messages in India Grew to provide full service VAS delivery platforms to Telcos in India, Africa, Middle East, SE Asia for global majors. 2012 – present NextGen Telesolutions Pvt. Ltd, Began exploring multiple avenues for new products : • And now developed the full service secure banking / wallet / payment platform using the SIM overlay secure element solution. Secure Digital / Cashless banking on mobiles targeted at the developing world. • Extended this to using a smart microSD card with NFC capability • Including contactless / TapNPay payments for transit into mainstream payments – cards / banking / wallets / money transfers and more. • Delivered the country’s most advanced entertainment park ticketing solution – The Statue of Unity, one of the top100 parks globally and drawing over 0.5 mill visitors a month. • Building india’s first “Designed and Made in India” the transit Automatic Fare Collection System (AFCS) integrating QR code / closed and open loop card based fare systems. Globally one of the first as an integrated solution. Brings Metro / BRT / Bus ticketing and Toll collection as a single integrated solution. • Built another innovative merchant payment terminal – dynamic QR codes, “designed and made in India for the world” • Retail and ATM adaptations for contactless cards including enabling standard COTS android NFC devices to accept EMV contactless cards Disrupting / innovating and re-defining mobile banking and payments across the globe with a core focus on adding security and encryption capabilities to mobile devices enabling “secure transactions” on any device. Global outlook, customers and disruptive, innovative and customized solution deliveries