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inVOID an AI verification product that has been created to verify users remotely without any physical documentation and in-person verification enabling remote onboarding of users driven by AI.
Basic Information
inVOID an AI verification product that provides instant verification solutions. Their product has been created to verify users remotely without any physical documentation and in-person verification enabling remote onboarding of users driven by AI. The New Delhi based company provide end-to-end encrypted and secure technology solutions that enable instant on-boarding and verification of users. They also offer RBI compliant live video KYC, e-KYC built on Aadhaar stack, digital KYC and social credit scoring Tools. They work with 30+ clients mainly in the BFSI, rental, shared economy, matrimonial, gaming and dating/matrimonial domain.
Headquarters
:
New Delhi, Delhi, India
Business Model
:
B2B  
Founding Date
:
Oct 2018
Core Team
:
1.  
Kunwar Raj Singh
2.  
Sarthak Goel
Timeline

2018

Accelerator / Incubator Program

Oct | Accelerator / Incubator Program

We received incubation & seed funding very early in our journey from TIDES, IIT Roorke- that gave us the confidence, resources & funds to kickstart our product development and find the product market fit

Company Incorporation

Oct | Company Incorporation

Both Kunwar & Sarthak quit their corporate jobs to build a scalable tech product for the India market.

2019

Started Generating Revenue

May | Started Generating Revenue

We acquired our first paying customer in April, 2019- did a month long POC with them. It was one of the key moments in our journey as it validated our product and our next core focus was to make it a recurring monthly revenue.

Awards

Nov | Awards

We won the NASSCOM Emerge 50 Startup of 2019 in the SaaS category

2020

Product Userbase Milestone

Mar | Product Userbase Milestone

As on March 1, 2020; our product is being used by more than 20 leading companies across 5 industries.

Target Market
B2B
We enable enterprises to onboard & verify their users and vendors instantly
Client Segment
:
FinTech,  Mobility / Transportation,  Security  
Target Companies
:
Startup,  Small Enterprise,  Large Enterprise,  Medium Enterprise  
Target Geography
:
Funding

Total Funding

$50.0k

Investors
:
1.  
TIDES
2.  
IIT Roorkee
3.  
Palaash Ventures
Detail Round Breakdown
Round 1

$50k

Series Name
:
SEED
Date
:
4th May 2019