About NexLock — Our Story & Mission

Who we are

Making EMI financing simple and secure

NexLock started with a simple problem: retailers and finance partners wanted to offer devices on easy installments, but had no reliable way to protect those assets when payments were missed.

So we built a device-locking platform that is fast to set up, respectful of customers, and tough on defaults. Today, NexLock secures devices across hundreds of stores — quietly working in the background until it's needed.

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Devices protected

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Partner stores

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Cities served

Our Mission

To make device financing accessible and risk-free — giving businesses the confidence to say yes, and customers a fair path to ownership.

Our Vision

To be the most trusted device-security layer for every retailer and lender, powering millions of protected devices worldwide.

What we stand for

Our core values

Security first

Every decision starts with protecting our partners' assets and their customers' data.

Fairness

Clear reminders before any lock. We treat customers with respect, always.

Simplicity

Powerful tools that anyone on your team can use without training.

Reliability

Built to work every time — online or offline, on any device.

Why choose us

A partner you can count on

Fast onboarding

Go live the same day with guided setup and bulk enrollment.

Real support

Talk to people who know your business, not a script.

Proven results

98% recovery rate across our partner network.

Serious security

Encryption and anti-tamper built in from day one.

Our people

Meet the team

A small, focused team building security tech that businesses actually enjoy using.

AV

Aarav Verma

Founder & CEO

Leads product and vision for NexLock.

SI

Sara Iqbal

Head of Engineering

Builds the secure core that powers every lock.

DK

Dev Kapoor

Head of Growth

Helps partners onboard and scale with ease.

MN

Meera Nair

Customer Success

Makes sure every store gets the most from NexLock.

Our journey

Growing with the businesses we serve

From a single pilot store to a platform trusted across the country — here's how NexLock has grown.

2023
The idea
Built to solve EMI default risk for a handful of local retailers.
2024
First 100 stores
Launched the retailer dashboard and remote lock features.
2025
Scaling up
Crossed 1,000 partner stores with tamper protection and geo-fencing.
2026
Nationwide
Serving 50+ cities with 2.5 lakh+ devices secured and counting.