Techiexpert.com
No Result
View All Result
  • Tech
  • Startup
  • Artificial Intelligence
  • IOT
  • Big Data
  • Cloud
  • Data Analytics
  • Machine Learning
  • Blockchain
No Result
View All Result
  • Tech
  • Startup
  • Artificial Intelligence
  • IOT
  • Big Data
  • Cloud
  • Data Analytics
  • Machine Learning
  • Blockchain
No Result
View All Result
Techiexpert.com
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
0
IDSign announces launch of its brand & unveils India’s first-ever mobile-based verification 1
10
SHARES
127
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
Share4Tweet2Share1Pin2

Popular this week

  • Y2Mate.com 2023: How to Download Videos and Audios

    Y2Mate.com 2023: How to Download Videos and Audios

    559 shares
    Share 224 Tweet 140
  • Top 10 Omegle Alternatives you might like

    435 shares
    Share 174 Tweet 109
  • Global Cybersecurity Innovator, Zeron, Secures $500,000 in Seed Funding

    75 shares
    Share 30 Tweet 19
  • What is windows modules installer ? How to Enable/Disable

    181 shares
    Share 72 Tweet 45
  • The Impact of AI on the Diamond Trading Business

    24 shares
    Share 9 Tweet 6
  • How to Find Condo Games on Roblox

    117 shares
    Share 47 Tweet 29

Popular Sections On Techiexpert

Artificial Intelligence Big Data Blockchain Blogging Cloud Computing Data Analytics How to Internet Of Things Machine Learning Marketing Trends Social Media Startup news Tech news

Latest Stories on Techiexpert

Basic Tips for Selecting the Best Forex Broker

VPS Helps Forex Trading
Share5Tweet3Share1Pin1

5G-Powered IoT-Driven Smart Cities Take Shapes

5G-Powered IoT-Driven Smart Cities Take Shapes
Share5Tweet3Share1Pin1

Hyderabad Gears Up for Global Startup Summit at Avasa on October 7

Hyderabad Gears Up for Global Startup Summit at Avasa on October 7
Share5Tweet3Share1Pin2
  • Privacy Policy
  • About Us
  • Contact us
  • Cookie Policy
  • Write For Us

© 2016-2022 All Rights Reserved

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

© 2016-2022 All Rights Reserved

Cookie Law Notice
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept”, you consent to the use of ALL the cookies.
Do not sell my personal information.
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.
SAVE & ACCEPT
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.