Basic Information
SignalX’s due diligence AI is purpose-built to help risk management professionals across industries execute a broad range of analyses and deal with a multitude of regulator data streams to generate defend able risk assessments on counter parties and third-parties. SignalX sources its data from datasets managed by government agencies, regulators, publicly available media and various other third-party datasets. On top of the collected data, SignalX runs its proprietary machine learning algorithms to reduce false positives and infer meaning. SignalX does not look into any data points that are not made publicly available by the target company or by other parties either through the media or in their regulatory filings. SignalX hopes to become a go-to platform for risk management professionals for providing financial and legal analysis on any target that they are doing business with its promoters, key managerial personnel, and related parties. In November 2020, the startup raised Rs 6 crore in its first round of funding from three investors. The investors include 9Unicorns, India's first idea-phase accelerator VC fund, 3Lines VC, a US-based VC fund with Hyderabad Angels as a co-investor.
Legal Name
:
SignalX Private Limited
Headquarters
:
Hyderabad, Telangana, India
Founding Date
:
2018
No. of Employees
:
11 to 20
Core Team
:
1.
Govind Balachandran
Co-Founder & CEO
2.
Piyush Arora
Co-Founder & CTO
3.
Zakir Wahab
Co-Founder & CFO
Funding
Total Funding
$750.0k
Investors
:
1.
3Lines
2.
9Unicorns
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