Thursday, June 30, 2022
Techiexpert.com
No Result
View All Result
  • Login
  • Register
Exclusive Videos
  • Tech news
  • Startup news
  • Artificial Intelligence
  • IOT
  • Big Data
  • Cloud
  • Data Analytics
  • Machine Learning
  • Blockchain
  • Social Media
  • Tech news
  • Startup news
  • Artificial Intelligence
  • IOT
  • Big Data
  • Cloud
  • Data Analytics
  • Machine Learning
  • Blockchain
  • Social Media
No Result
View All Result
TechiExpert
No Result
View All Result

IDSign announces launch of its brand & unveils India’s first-ever mobile-based verification

Srikanth by Srikanth
July 22, 2020
in Startup news
Reading Time: 3 mins read
IDSign announces launch of its brand & unveils India’s first-ever mobile-based verification
11
SHARES
145
VIEWS
Share on FacebookShare on Twitter

IDSign, a new-age Verifiable Digital ID and Signing platform, today announced the formal launch of its brand and its novel & India’s first-ever mobile- based application. Incepted in 2018 and backed by the team with strong experience and expertise, IDSign aims at revolutionizing the way identity management, digital verification and digital signing are done in India. It is the first company in India accredited as ‘Certifying Authority’ by the Government of India, with mobile first approach. The company is led by the serial entrepreneur Mr. Naveen Chava.

The platform is simple, efficient and offers built-in highest-grade security, adhered to Global PKI and would be upgraded to FIDO standards in future. Biggest USP of the platform is enabling users to on board themselves completely digitally without any contact. IDSign will be first such company with app based approach where users can onboard themselves, sign documents and verify their ID in a single application in a seamless fashion.

Currently, IDSign’s app is available for windows, Android for beta users along with iOS planned for release within a month. It enables mobile users to- sign any document digitally or use mobile as a primary ID that can be verifiable by the platform and ability to sign all business related documents, agreements and filings with Tax & Government authorities at their fingertips. Uniquely, IDSign’s mobile-first approach elevates the process and experience of digital signing from desktops to a mobile platform.

Speaking about the launch, Mr. Naveen Chava, CEO, IDSign said, “Since our inception, we have invested quality time in understanding industry gaps, developing suitable techniques, product testing, as well as securing necessary approvals from regulatory bodies for our novel app. Today, we are happy to go live. If you see, the global identity and digital signing market is poised to reach USD 100 bn by 2021. The India market is still at a nascent stage but holds a lot of promises with developments happening around digital Bharat and Make-in-India. The current pandemic has taught us to adapt to the ‘new normal’ life. The need for maintaining human distance and reducing touch based systems will invoke a myriad of changes in the identity verification and digital signing, steadily evading medium that requires physical and human touchpoints. Also, IDSign facilitates business and contractual obligations within the legal framework. In present situation like a pandemic where users look ahead to complete their legal obligations remotely, the platform of IDSign allows individuals and businesses to verify identity, authenticate business transactions, seamlessly. By bringing, digital signing to mobile and on-boarding completely paperless, IDSign is set to take lead into the sector covering areas like regulatory filings, business agreements, HR agreements, healthcare and so on.”

Mr. Chava added, “We have already chalked out a business plan to seize the opportunity  in the digital signing market. We are in talks with individual directors and corporate signatories to move into device/HW/OS agnostic platform of IDSign and we see a lot of interests coming from them.  In addition, we will also be targeting banks, credit card and NBFCs where we see a huge business growth. As we progress, we also aim to tap into healthcare, logistics, eCommerce, retail etc., which needs the same solution to help them take the user experience to the next level. With these actions, we aim to achieve a revenue target of  USD 20mn in the next 2-3 years.”

The launch announcement was made at the Global Fintech Fest, India’s largest two-day digital event for fintech fraternity, organised under the aegis of IAMAI, starting today. IDSign is one of the main participants at the event and Mr. Chava is part of the panel discussing ‘Digitising Financial Services for Inclusion’.

Tags: Bangalore startupsIDSign
Share4Tweet3Share1Pin2

Related Posts

Hyperlocal marketplace Urvann raises Rs. 3 Cr in Seed Round led by IPV
Startup news

Hyperlocal marketplace Urvann raises Rs. 3 Cr in Seed Round led by IPV

Data Analytics startup USEReady launches a new centres
Startup news

Data Analytics startup USEReady launches a new centres

Neuron7.ai emerges from Stealth Mode, Raises $4.2 Million in Seed Funding
Startup news

Neuron7 Raises $10 Million Series A Funding to Revolutionize AI-Powered Customer Service

AI-based Mobile Time Tracking & Workforce Productivity with Enalytix
Startup news

AI-based Mobile Time Tracking & Workforce Productivity with Enalytix

Patented public transport app with Real-time public transport information – Tummoc
Startup news

Patented public transport app with Real-time public transport information – Tummoc

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Most Read

  • How to Track Someone’s iPhone by Phone Number?

    How to Track Someone’s iPhone by Phone Number?

    340 shares
    Share 136 Tweet 85
  • Top 5 car automation trends to know

    160 shares
    Share 64 Tweet 40
  • What is windows modules installer ? How to Enable/Disable

    1235 shares
    Share 494 Tweet 309
  • Is Parody Coin investment a Good Investment?

    66 shares
    Share 26 Tweet 17
  • Tips to Reduce Your Website Hosting Costs

    871 shares
    Share 348 Tweet 218
  • How to Track Activities an Instagram account?

    82 shares
    Share 33 Tweet 21

Recent Stories

Telemedicine or e-medicine: What is it?

Telemedicine Business
Share4Tweet3Share1Pin1

Does domain extensions impact SEO standards

Does domain extension impact SEO standards
Share4Tweet3Share1Pin1

Ways Data Analysis has changed customer reward programs

Ways Data Analysis has changed customer reward programs
Share4Tweet3Share1Pin1

Here’s why Deep Learning might not be enough for celebrity face recognition

Digital Learning face recognition
Share5Tweet3Share1Pin3
  • Terms of use
  • Privacy Policy
  • About Us
  • Contact us
  • Write For Us
  • Cookie Policy

© 2022 All Rights Reserved

No Result
View All Result
  • Tech news
  • Startup news
  • Artificial Intelligence
  • IOT
  • Big Data
  • Cloud
  • Data Analytics
  • Machine Learning
  • Blockchain
  • Social Media

© 2022 All Rights Reserved

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Cookie Law Notice
This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Cookie settingsACCEPT
Privacy & Cookies Policy

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT