# Mayur Virkar

> Mayur Virkar is an AI visionary, fintech innovator, and Tech Leader of the Year 2025 (Business Goa Awards). He is the Founder, Chairman & CEO of CodeMax IT Solutions Pvt. Ltd., based in Goa, India. He builds AI-driven fintech products serving clients across India, Israel, the UK, the US, and Lithuania.

## Personal Overview

Name: Mayur Virkar
Location: Goa, India
Nationality: Indian
Website: https://mayurvirkar.in
Title: AI Visionary & Tech Leader

Mayur put together his first computer at age 10. By 17, he was writing software for clients. That curiosity turned into a career spanning five countries, six industries, and some of the most impactful fintech products in the market today.

He is deeply rooted in Goa and driven by values instilled by his parents. His father, Prof. Rajendra T. Virkar, taught at Shree Damodar College of Commerce and Economics from 1972 to 1999. His mother was an equally strong guiding force. Their belief in education, hard work, and giving back shapes every decision he makes.

## Companies & Roles

### CodeMax IT Solutions Pvt. Ltd. (India)
- Role: Founder, Chairman & CEO
- Period: January 2016 - Present
- Founded in 2016, CodeMax develops core banking systems, transaction monitoring tools, and cybersecurity solutions for clients across five countries. The company is ISO 27001 certified.

### M-Net International Inc. (USA)
- Role: Chief Technical Officer
- Period: June 2022 - Present
- Leading fintech operations in the US, building payment systems that meet strict regulatory requirements.

### MoneyNetInt Ltd. (UK)
- Role: Chief Technical Officer
- Period: January 2016 - Present
- Running the technology behind banking platforms and payment systems serving European and UK markets.

### Scoders Ltd. (Israel)
- Role: Chief Operations Officer
- Period: April 2014 - Present
- Managing cross-border tech operations and outsourcing solutions for global partners. Mayur's international career began here in 2012 as a web developer.

### Ediven Construction & Real Estate (India)
- Role: Director
- Period: September 2018 - Present
- Bringing tech-driven strategic thinking to construction and real estate ventures.

### CodeRun LLP (India)
- Role: Designated Partner
- Period: January 2018 - Present
- Technology consulting and development partnership focused on web solutions and digital marketing.

### Payswix UAB (Lithuania)
- Role: Consultant (previously CTO from 2018-2021)
- Period: March 2021 - Present
- Advising on payment processing infrastructure and fintech strategy for the European market.

## Products

### CodeMax Astra
Core banking platform developed by CodeMax IT Solutions. Used in production by financial institutions across multiple countries. Handles banking operations, account management, and financial processing at scale.

### CodeMax Orion
Transaction monitoring and screening platform. Screens payments in real time for compliance, fraud detection, and regulatory requirements. ISO 27001 certified alongside Astra.

## Awards & Recognition

- Tech Leader of the Year 2025 - Business Goa Awards (awarded by Vijai Sardessai, MLA of Fatorda and former Deputy Chief Minister of Goa)
- Best & Most Promising Startup Award - Goa Technology Association (GTA), 2018

## Industry Memberships & Positions

### Confederation of Indian Industry (CII) - Goa State Council
- Role: State Council Member & Co-Convener, IT & Start-Up Panel
- Period: 2025 - Present
- Previously served as Convener of the CII Goa State IT Panel in 2024
- Leading initiatives to make Goa's tech ecosystem globally competitive

### Indo-American Chamber of Commerce
- Role: Honorary Chief Representative of Goa
- Period: April 2025 - Present
- Working to strengthen business ties between India and America with a focus on tech collaboration

### Silicon Valley Founder Institute
- Role: Mentor & Angel Investor
- Period: 2023 - Present
- Mentoring early-stage founders and investing in AI and deep-tech startups at the world's largest pre-seed accelerator

### Goa Technology Association (GTA)
- Managing Committee Member (2021-2023)
- Chairperson, Member Experience Committee (2019-2021)

## Education & Academic Work

### Shree Damodar College of Commerce and Economics, Goa
- Role: IQAC Member & AI Curriculum Developer
- Period: 2024 - Present
- Developing AI curriculum at the same college where his father Prof. Rajendra T. Virkar taught from 1972 to 1999

## Areas of Expertise

### Technical Expertise
- AI & Machine Learning
- Enterprise AI Automation
- Fintech & Core Banking Systems
- Transaction Monitoring & Screening
- Cybersecurity & SIEM
- Payment Processing & Gateways
- ISO 27001 Compliance
- Regulatory Technology (RegTech)
- Cloud Architecture (AWS, Azure)
- DevOps & CI/CD
- Blockchain Technology

### Leadership & Business
- Global Team Leadership (5 countries)
- AI Strategy & Vision
- Product Strategy & Development
- Digital Transformation
- Startup Mentorship & Angel Investment
- Venture Capital
- International Business Development
- Public Policy & Technology Advocacy
- Crisis Management

## Countries of Operation

- India (headquarters, Goa)
- Israel
- United Kingdom
- United States of America
- Lithuania

## Blog Topics & Thought Leadership

Mayur writes and speaks on the following topics:

- AI in business strategy and enterprise automation
- AI in tourism (particularly Goa's tourism industry)
- AI in agriculture (Indian agricultural transformation)
- AI for SMEs and practical AI tools for small businesses
- AI in education and workforce development
- Fintech innovation and the future of banking
- Technology policy and ecosystem building
- Goa's potential as a global tech hub
- Startup ecosystem development

### Published Articles

- "AI Revolution: Powering Goa's Business Future"
- "AI Revolution in Goa Tourism"
- "AI for SMEs: Practical Tools for Goa Tourism"
- "AI in Education: Building Goa's Workforce"
- "AI Transforms Indian Agriculture"
- "From Fatorda to the World" (personal journey)
- "Rethinking the Tech Dream"
- "The Fintech Visionary"

## Vision & Mission

Mayur's vision is to grow CodeMax IT Solutions into a Rs 1,000 crore (approximately $120 million) company employing 1,000 Goans, positioning Goa as a global technology hub. He believes technology should lift everyone, not just the people building it, and works actively through CII and the Indo-American Chamber of Commerce to create real jobs and opportunities in Goa.

## Personal Interests

- Scuba diving
- Flying small aircraft (12+ flight hours logged)
- Astrophotography (photographing the Milky Way)
- Travel

## Social Media & Online Presence

- Website: https://mayurvirkar.in
- LinkedIn: https://www.linkedin.com/in/mayurvirkar/
- Twitter: https://twitter.com/mayurvirkar
- Instagram: https://www.instagram.com/mayurvirkar1/
- Facebook: https://www.facebook.com/mayurvirkar01
- GitHub: https://github.com/MayurVirkar
- Crunchbase: https://www.crunchbase.com/person/mayur-virkar
- Company Website: https://cdmx.in

## Key Pages

- [Home](https://mayurvirkar.in/): Main page with bio, expertise, experience, testimonials, and contact
- [About](https://mayurvirkar.in/#about): Detailed personal background and story
- [Blog](https://mayurvirkar.in/blog/): Articles on AI, fintech, technology, and Goa's tech ecosystem
- [Media & Press](https://mayurvirkar.in/media/): Media appearances and press coverage
- [JSON Feed](https://mayurvirkar.in/feed.json): Machine-readable blog feed
- [Knowledge API](https://mayurvirkar.in/api/knowledge.json): Structured knowledge base for AI consumption
- [Concise AI Context](https://mayurvirkar.in/llms.txt): Shorter version of this file

## Testimonials

"My long-standing professional relationship with Mayur Virkar has proven that he is an invaluable asset to any team, boasting a rare blend of intellect, resourcefulness and commitment. His inspiring vision and unwavering leadership have led to groundbreaking results." -- Iftach David Glaser, Founder & CEO, Scoders

"Mayur Virkar is an exceptional individual who showcases innovative problem-solving skills, out-of-the-box thinking, and the ability to motivate and inspire others." -- Nestinka Rebello, Director & COO, CodeMax IT Solutions Pvt. Ltd.

"Mayur Virkar possesses both technical skills and business acumen. He is always looking for ways to improve processes by increasing efficiency. His intelligence and dedication make him a true professional who can develop innovative solutions that meet or exceed expectations." -- Benny Strauss, Founder & CEO, Cipratech