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Siddharth Menon

Siddharth Menon

Co-Founder of WazirX; Founder of Payram & Tegro, WazirX / Payram / Tegro

Personal website

Bio

Siddharth Menon is Co-Founder of WazirX and Founder of Payram and Tegro. WazirX, co-founded by Menon, Nischal Shetty and Sameer Mhatre, became one of India's prominent crypto exchanges before a significant security incident in July 2024 in which approximately $230 million in user assets were compromised from a multi-signature wallet managed by Liminal Custody. WazirX subsequently underwent a court-sanctioned restructuring under Singapore's Companies Act and relaunched trading in October 2025 with a Recovery Token mechanism to address user claims.

Menon historically served in a COO/Head of Product capacity at WazirX; his exact current operational role as of August 2026 should be verified against official WazirX communications, given Nischal Shetty's visible public leadership role. Separately, Menon founded Payram, a crypto payments company, and Tegro, a Web3 gaming marketplace; Tegro's current operational status should be independently confirmed before treating it as an active product.

Profile at a glance

Country
India
Status
Active

Work & Project Background

  • WazirX

    Co-founder

  • Payram

    Co-founder

  • Tegro

    Co-founder

Key Contributions

WazirX Co-Founding

Co-founded WazirX with Nischal Shetty and Sameer Mhatre, helping build one of India's recognized crypto trading platforms.

Product Leadership

Historically led product and operations at WazirX, contributing to its trading, wallet and user experience features.

Crypto Payments

Founded Payram to address crypto payment infrastructure needs, extending his work beyond exchange operations.

Web3 Gaming

Founded Tegro as a Web3 gaming marketplace; current operational status to be verified.

Timeline

Pre-2018
Software engineering and product background; built expertise relevant to exchange product development.
2018
Co-founded WazirX with Nischal Shetty and Sameer Mhatre.
2019
WazirX acquired by Binance.
2022
Binance announced intent to exit WazirX ownership; legal and operational structure remained disputed.
July 2024
WazirX suffered a major security incident; approximately $230 million in assets compromised from a multi-signature custody wallet. WazirX halted withdrawals and trading.
2025
WazirX underwent court-sanctioned restructuring under Singapore's Companies Act and relaunched trading in October 2025 with a Recovery Token mechanism.
2026
Founded Payram (crypto payments) and Tegro (Web3 gaming); current operational status of Tegro to be verified.

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