DAY - Fintech Accelerator Program for startups · in running their day- to -day business ......

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WHAT IS IN IT FOR STARTUPS?

YES FINTECH

Accelerator

YES FINTECH is a platform for the bank and Fintech startups to co-create

innovative solutions and partner in taking the solution to the bank's retail and

corporate customers.

This is a unique program – with no upfront equity commitment sought from

startups, clear focus on building solutions relevant to use-cases identified by YES

BANK and providing Fintech startups access to YES BANK's 2 million+ customer

YES BANK has already been collaborating with and supporting more than 100

Fintech start-ups in the country to provide innovative financial solutions to its

Corporate, SME and Retail customer base as part of its Alliances, Relationships &

Technology (A.R.T) approach to Digital Banking.

YES FINTECH Accelerator will further augment this approach and help the bank

co-create disruptive innovations in the financial inclusion, MSME focused solutions,

payments, lending, compliance, risk management, trade finance, capital markets and

Forex & Treasury space.

Mentorship from influencers and subject matter experts for a period of 15 weeks

Guidance on key aspects like legal basics, regulations and new frameworks like implimentation of GST

Dedicated workshop and guidance on implementation of Vishakha Guidelines

Reduced cost access to relevant APIs and UPI SDK

Necessary product modifications for PoC

Market Access to YBL clients

YES FINTECHSUMMER COHORT 2017 | Snapshot

WHAT IS IN IT FOR STARTUPS?

YES FINTECH

Accelerator

YES FINTECH is a platform for the bank and Fintech startups to co-create

innovative solutions and partner in taking the solution to the bank's retail and

corporate customers.

This is a unique program – with no upfront equity commitment sought from

startups, clear focus on building solutions relevant to use-cases identified by YES

BANK and providing Fintech startups access to YES BANK's 2 million+ customer

YES BANK has already been collaborating with and supporting more than 100

Fintech start-ups in the country to provide innovative financial solutions to its

Corporate, SME and Retail customer base as part of its Alliances, Relationships &

Technology (A.R.T) approach to Digital Banking.

YES FINTECH Accelerator will further augment this approach and help the bank

co-create disruptive innovations in the financial inclusion, MSME focused solutions,

payments, lending, compliance, risk management, trade finance, capital markets and

Forex & Treasury space.

Mentorship from influencers and subject matter experts for a period of 15 weeks

Guidance on key aspects like legal basics, regulations and new frameworks like implimentation of GST

Dedicated workshop and guidance on implementation of Vishakha Guidelines

Reduced cost access to relevant APIs and UPI SDK

Necessary product modifications for PoC

Market Access to YBL clients

Numberz is fixing the small business economy offering business owners a Cash flow management solution. Numberz addresses the problem of SMBs in running their day- to -day business (cashflow) - Getting Paid, Managing Expenses & Cash-flow Gaps

Numberz is integrating its application with YES BANK to offer solutions around cash flow management, invoice discounting trade remittances and expense management. Numberz is also integrating its GST feature with the YES BANK platform

• Integration of key banking APIs enabling a seamless banking experience to customers of Numberz and YES BANK; one of the few solutions in the market which enables seamless integration with GST Network

• Exposure to existing and prospective clientele of YES BANK – across SME and mid market clients

• Joint marketing campaign pan India for GST focused solution

• Promotion of Numberz around the country through YES GST - Numberz is exclusive partner

• YES BANK is also helping Numberz in building a robust sales pipeline for their GST solution and has offered integration at preferential rates to YES BANK’s CRM

USE CASE YES FINTECH ADVANTAGE

Baskar Ganapathy

Baskar brings with himself 20+ years of work ex in Intuits and Amdocs. Baskar is a graduate of the University of California. Deep product experience with proven track of launching successful products at scale leading to 3x growth. AT&T, Intuit.

Rajeev ChariCOO

Rajeev has more than 13 years of experience in the Analytics sector. He is also the Co-founder &

Director of Creative Assumptions and a Graduate of ISB, Hyderabad

Aditya TulsianCEO

Aditya has more than 12+ years of work ex and has worked in diverse roles. Aditya has launched & lead multiple SaaS offerings @Intuit India, Management Consultant, Product Manager, ISB and Pune Univ Graduate.

FOUNDER PROFILE

Rupeeseed provides capital market solutions for retail and institutional trading using robo advisory and analytics engine. Rupeeseed has an intuitive platform which scores on the following key parameters:

Sandeep Manoharan

Sandeep is the Co-Founder of Rupeeseed and drives corporate strategy. Sandeep has almost 20 years of ‘hands-on’ experience in business development, product development and implementation across technology rms and a stint at NSE.

Saurabh Patel

Saurabh is involved mainly in understanding customer’s requirement and looks after the business development and working on proprietary IP based solutions. Saurabh has more than a decade of capital markets and technology experience as well as the experience of working at NSE

Alok Pandey

Alok is involved mainly in technology and product innovation. He holds an engineering degree with a decade of experience in BFSI. He is a passionate entrepreneur and have good command on new technologies

Along with YES BANK, Rupeeseed plans to address all queries on prices and shareholding via bots and extend reach to the inactive clients by sending relevant insights. They are also calculating health scores and analytics on client holdings to identify stocks on various parameters like valuation, growth prospects, stability, etc., and adding this feature to the YES Securities platform

• Co-creation of a unified trading platform with YES Securities team; in addition to creating an Industry first chatbot solution, which enables seamless experience on mobile, web and a chatbot platform

• Co-creation of revised mobile platform and PoC of Rupeeseed products with the Top 50 customers

• Enabled additional feature list on Rupeeseed like Health Score which creates a superior view for users to manage their investment portfolio better

FOUNDER PROFILE

• Ease of Use - Good UI/UX and real time streaming data across web and mobile platforms

• Complete Solution (combining data analytics, trading, robo alerts, reporting all in one platform)

• Analytics (Scanners which scans portfolio and positions real time and throws various insights)

• User Engagement

FOUNDER PROFILEFOUNDER PROFILE

Numberz is fixing the small business economy offering business owners a Cash flow management solution. Numberz addresses the problem of SMBs in running their day- to -day business (cashflow) - Getting Paid, Managing Expenses & Cash-flow Gaps

Numberz is integrating its application with YES BANK to offer solutions around cash flow management, invoice discounting trade remittances and expense management. Numberz is also integrating its GST feature with the YES BANK platform

• Integration of key banking APIs enabling a seamless banking experience to customers of Numberz and YES BANK; one of the few solutions in the market which enables seamless integration with GST Network

• Exposure to existing and prospective clientele of YES BANK – across SME and mid market clients

• Joint marketing campaign pan India for GST focused solution

• Promotion of Numberz around the country through YES GST - Numberz is exclusive partner

• YES BANK is also helping Numberz in building a robust sales pipeline for their GST solution and has offered integration at preferential rates to YES BANK’s CRM

Baskar Ganapathy

Baskar brings with himself 20+ years of work ex in Intuits and Amdocs. Baskar is a graduate of the University of California. Deep product experience with proven track of launching successful products at scale leading to 3x growth. AT&T, Intuit.

Rajeev ChariCOO

Rajeev has more than 13 years of experience in the Analytics sector. He is also the Co-founder &

Director of Creative Assumptions and a Graduate of ISB, Hyderabad

Aditya TulsianCEO

Aditya has more than 12+ years of work ex and has worked in diverse roles. Aditya has launched & lead multiple SaaS offerings @Intuit India, Management Consultant, Product Manager, ISB and Pune Univ Graduate.

FOUNDER PROFILE

Rupeeseed provides capital market solutions for retail and institutional trading using robo advisory and analytics engine. Rupeeseed has an intuitive platform which scores on the following key parameters:

Sandeep Manoharan

Sandeep is the Co-Founder of Rupeeseed and drives corporate strategy. Sandeep has almost 20 years of ‘hands-on’ experience in business development, product development and implementation across technology rms and a stint at NSE.

Saurabh Patel

Saurabh is involved mainly in understanding customer’s requirement and looks after the business development and working on proprietary IP based solutions. Saurabh has more than a decade of capital markets and technology experience as well as the experience of working at NSE

Alok Pandey

Alok is involved mainly in technology and product innovation. He holds an engineering degree with a decade of experience in BFSI. He is a passionate entrepreneur and have good command on new technologies

Along with YES BANK, Rupeeseed plans to address all queries on prices and shareholding via bots and extend reach to the inactive clients by sending relevant insights. They are also calculating health scores and analytics on client holdings to identify stocks on various parameters like valuation, growth prospects, stability, etc., and adding this feature to the YES Securities platform

• Co-creation of a unified trading platform with YES Securities team; in addition to creating an Industry first chatbot solution, which enables seamless experience on mobile, web and a chatbot platform

• Co-creation of revised mobile platform and PoC of Rupeeseed products with the Top 50 customers

• Enabled additional feature list on Rupeeseed like Health Score which creates a superior view for users to manage their investment portfolio better

FOUNDER PROFILE

• Ease of Use - Good UI/UX and real time streaming data across web and mobile platforms

• Complete Solution (combining data analytics, trading, robo alerts, reporting all in one platform)

• Analytics (Scanners which scans portfolio and positions real time and throws various insights)

• User Engagement

FRS Labs provides seamless customer security with automated identity and fraud checks. Differing significantly from traditional approaches in the way fraud cases are detected. FRS also provides continuous behavioral analysis to uncover hidden relationship between people and data. FRS also uses biometric face recognition technology to uncover forged documents and false identities.

Shankar Palaniandy

Founder of FRS Lab comes with 15+ years of industry experience, having worked as a consultant and manager with renown organizations like Vodafone, KPMG and Cognizant. Shankar provides a rare blend of n and tech expertise. He is an alum of University of Leicester with a Master’s in Business Administration.

FRS Labs is working with YES BANK to use its face recognition algorithm to positively identify bearers in branches by matching a copy of their photo in the DB, with a selfie taken at the time of transaction. This use case will be further developed for alternative KYC using facial recognition during account opening

Sandeep Srinivasa

Sandeep is a startup veteran and, with over 12 years of experience in leading Product Design & implementation of technology solutions and processes. During this period has built teams, product and businesses from scratch to scale.

Kartik Venkataraman

Kartik is a veteran in the travel, ecommerce, digital space, with global experience building and scaling B2C businesses, using analytics, marketing, decision sciences to improve and scale businesses.

RedCarpet will use its innovative credit scoring model and on-field presence in Delhi to source student customers of pre-approved colleges in Delhi/NCR, who wish to make online purchases on credit. YES BANK will provide them with a line of credit of INR1 Cr. for disbursing loans of 1-9 months tenure.

• YES BANK has extended a credit line of INR 1 Cr. for student borrowers who wish to make an online purchase on credit. This will help in assessing the demand and greatly contribute in fine tuning the credit-scoring in a new customer segment.

• Guidance on regulatory contours to ensure the platform is compliant on all aspects of lending. In partnership with RCU, the bank also enabled simplified yet innovative pricing models for student borrowers

• Marketing campaign guidance in top MBA campuses in India

• Scale up help: Redcarpet is one of the case study partners for Transformation Series - India’s largest case study challenge.

• YES BANK will assist Redcarpet in its outreach campaign to students through Transformation Series

A Y-combinator startup, Redcarpet uses alternative social and digital scoring for insta-credit to new to credit and non-bureau consumers. They also lend to customers in India to finance their online purchases - ecommerce, travel, etc.

• YES BANK has created multiple use cases across product and service lines for this unique technology and is testing the face recognition technology of FRS Labs for its internal authorization processes

• YES BANK will also introduce FRS Labs to potential corporate clients that can leverage its technology in different use cases across authorization

• Product tweaks to reduce SDK size which would help FRS labs to integrate its revised solution easily with all clients

FRS Labs provides seamless customer security with automated identity and fraud checks. Differing significantly from traditional approaches in the way fraud cases are detected. FRS also provides continuous behavioral analysis to uncover hidden relationship between people and data. FRS also uses biometric face recognition technology to uncover forged documents and false identities.

Shankar Palaniandy

Founder of FRS Lab comes with 15+ years of industry experience, having worked as a consultant and manager with renown organizations like Vodafone, KPMG and Cognizant. Shankar provides a rare blend of n and tech expertise. He is an alum of University of Leicester with a Master’s in Business Administration.

FRS Labs is working with YES BANK to use its face recognition algorithm to positively identify bearers in branches by matching a copy of their photo in the DB, with a selfie taken at the time of transaction. This use case will be further developed for alternative KYC using facial recognition during account opening

Sandeep Srinivasa

Sandeep is a startup veteran and, with over 12 years of experience in leading Product Design & implementation of technology solutions and processes. During this period has built teams, product and businesses from scratch to scale.

Kartik Venkataraman

Kartik is a veteran in the travel, ecommerce, digital space, with global experience building and scaling B2C businesses, using analytics, marketing, decision sciences to improve and scale businesses.

RedCarpet will use its innovative credit scoring model and on-field presence in Delhi to source student customers of pre-approved colleges in Delhi/NCR, who wish to make online purchases on credit. YES BANK will provide them with a line of credit of INR1 Cr. for disbursing loans of 1-9 months tenure.

• YES BANK has extended a credit line of INR 1 Cr. for student borrowers who wish to make an online purchase on credit. This will help in assessing the demand and greatly contribute in fine tuning the credit-scoring in a new customer segment.

• Guidance on regulatory contours to ensure the platform is compliant on all aspects of lending. In partnership with RCU, the bank also enabled simplified yet innovative pricing models for student borrowers

• Marketing campaign guidance in top MBA campuses in India

• Scale up help: Redcarpet is one of the case study partners for Transformation Series - India’s largest case study challenge.

• YES BANK will assist Redcarpet in its outreach campaign to students through Transformation Series

A Y-combinator startup, Redcarpet uses alternative social and digital scoring for insta-credit to new to credit and non-bureau consumers. They also lend to customers in India to finance their online purchases - ecommerce, travel, etc.

• YES BANK has created multiple use cases across product and service lines for this unique technology and is testing the face recognition technology of FRS Labs for its internal authorization processes

• YES BANK will also introduce FRS Labs to potential corporate clients that can leverage its technology in different use cases across authorization

• Product tweaks to reduce SDK size which would help FRS labs to integrate its revised solution easily with all clients

Arpit RatanCo-Founder of Signzy.com

Arpit has over ve years of experience in corporate law. Previously he was working in the M&A team of a corporate law rm in their

Bangalore ofce where we worked on several private equity transactions.

Ankit RatanCo-Founder of Signzy.com

Prior to Signzy he also founded a data analytics startup called Crosslink analytics. Ankit brings 6+ years of experience in data sciences and along with his cofounders was listed in the Forbes 30 under 30 list.

Signzy is working with YES BANK to digitize banking processes, especially issuance of electronic bank guarantees and trade/CMS onboarding. The process will involve complete digital KYC up to the beneficial owner level check; AI will be built to flag suspicious AML transactions.

Signzy is creating 'building blocks for a Digital Trust system through bank-grade digital KYC, biometric enabled digital contracts and due diligence through Algorithmic Risk Intelligence. They are addressing the problem that most of the current KYC/AML API solutions are focusing on 'convenience' over security and hence are not consumable in serious applications. Signzy is the winner of Winner of Payment System Innovation Contest 2016 IDRBT competition sponsored by RBI.

• YES BANK has provided regulatory and compliance guidance on the issuance of bank guarantees

• Innovative product and service features (e-BG/ Trade Finance customer profiles among others) are being built on Signzy’s platform basis deliberation with the Bank’s Product teams

• Introduction and exposure to relevant business units internally to explore consumption of Signzy’s APIs for key product lines beyond Trade Finance

Morph.ai is a platform that can be used to connect the current technical infrastructure behind an app or a web-service to the conversational touchpoints of the company like Facebook Messenger, SMS, Twitter, Slack, live-chat, in-app chat etc. where their customers can use brand services over chat. With third-party integrations, customization options, flow design and the right mix of machine intelligence and human interference, morph.ai would define the way conversational commerce shapes the world.

Vipul Jain Pratik Jain Abhishek

They have worked together at Sprinklr, it is a unicorn SMMS for Apple, Nike, Microsoft, P&G, Cisco, Intel, etc.

Morph.ai is building an AI-based bot to automate processes for YES SECURITIES clients. The bot will address queries on tasks like customer service, viewing portfolios, getting quotes on shares, generating health score etc.

They are also creating a chatbot will also help the Retail banking marketing team with lead generation for saving bank accounts through social media.

• Industry first solution: In partnership with Rupeeseed and Morph AI; a chatbot has been co-created which can enable Customer service/ Stock Query/ Portfolio Management among others through Facebook messenger

• Knowledge Sharing and Mentoring: Complete guidance and knowhow of securities business and creating an enabling environment to work with other startups in the cohort

• Access to all YES Securities client base for product PoC

• YES BANK will also help in marketing the product to other corporate clients

USE CASE YES FINTECH ADVANTAGEUSE CASE YES FINTECH ADVANTAGE

Arpit RatanCo-Founder of Signzy.com

Arpit has over ve years of experience in corporate law. Previously he was working in the M&A team of a corporate law rm in their

Bangalore ofce where we worked on several private equity transactions.

Ankit RatanCo-Founder of Signzy.com

Prior to Signzy he also founded a data analytics startup called Crosslink analytics. Ankit brings 6+ years of experience in data sciences and along with his cofounders was listed in the Forbes 30 under 30 list.

Signzy is working with YES BANK to digitize banking processes, especially issuance of electronic bank guarantees and trade/CMS onboarding. The process will involve complete digital KYC up to the beneficial owner level check; AI will be built to flag suspicious AML transactions.

Signzy is creating 'building blocks for a Digital Trust system through bank-grade digital KYC, biometric enabled digital contracts and due diligence through Algorithmic Risk Intelligence. They are addressing the problem that most of the current KYC/AML API solutions are focusing on 'convenience' over security and hence are not consumable in serious applications. Signzy is the winner of Winner of Payment System Innovation Contest 2016 IDRBT competition sponsored by RBI.

• YES BANK has provided regulatory and compliance guidance on the issuance of bank guarantees

• Innovative product and service features (e-BG/ Trade Finance customer profiles among others) are being built on Signzy’s platform basis deliberation with the Bank’s Product teams

• Introduction and exposure to relevant business units internally to explore consumption of Signzy’s APIs for key product lines beyond Trade Finance

Morph.ai is a platform that can be used to connect the current technical infrastructure behind an app or a web-service to the conversational touchpoints of the company like Facebook Messenger, SMS, Twitter, Slack, live-chat, in-app chat etc. where their customers can use brand services over chat. With third-party integrations, customization options, flow design and the right mix of machine intelligence and human interference, morph.ai would define the way conversational commerce shapes the world.

Vipul Jain Pratik Jain Abhishek

They have worked together at Sprinklr, it is a unicorn SMMS for Apple, Nike, Microsoft, P&G, Cisco, Intel, etc.

Morph.ai is building an AI-based bot to automate processes for YES SECURITIES clients. The bot will address queries on tasks like customer service, viewing portfolios, getting quotes on shares, generating health score etc.

They are also creating a chatbot will also help the Retail banking marketing team with lead generation for saving bank accounts through social media.

• Industry first solution: In partnership with Rupeeseed and Morph AI; a chatbot has been co-created which can enable Customer service/ Stock Query/ Portfolio Management among others through Facebook messenger

• Knowledge Sharing and Mentoring: Complete guidance and knowhow of securities business and creating an enabling environment to work with other startups in the cohort

• Access to all YES Securities client base for product PoC

• YES BANK will also help in marketing the product to other corporate clients

Keerthi Kumar Jain

Keerthi is an alumni of IIM Kozhikode and ISB, is a serial entrepreneur who has founded 5 ventures including Anytime Loans and Vote for Cash and other platforms of hybrid lending. He has specialized & continues to does his research in Economics & Blockchain market analysis

ATL is using an AI-based alternative credit scoring model to assess borrowers. It will use INR 1 Cr. line of credit from YBL to extend short-term (1-3 months) and small ticket size (INR 10,000-60,000) personal loans. This partnership with ATL will enable the bank to assess and disburse a personal loan request in a span of 10 minutes. ATL will also use a separate line of credit of INR 5 Cr. to extend loans to MSMEs for 6 months to 3 years tenure.

An alternate lending platform, offering consumer loans and MSME business loans using AI, Data Science, Robotics & Predictive Science tools to create Alternative Scoring and KYC models ATL uses a unique proprietary algorithm to under-write / evaluate loan applications that revolve around - Robotics, Artificial Intelligence, Predictive Science and Data Science tools (RAPID) with customer at its center.

Daniel PeledFounder & CEO

Daniel is entrepreneur and a blockchain enthusiast. Daniel is a reserve ofcer (Captain) in the IDF EOD unit, holds a dual degree in Law and Economics and LLM from University of Haifa. He is responsible for the concept, vision and team management at Paykey.

PayKey has integrated its SDK in the YES PAY app to provide the users the facility to check the account balance, account history and initiate P2P payment while using any SM app like Whatsapp, Facebook messenger. This solves the problem of leaving the SM app and opening your banking app to make any financial transaction

PayKey makes payments in all social network chats possible. Their technology puts banks where their customers are, on all social networks including Facebook’s Messenger, WhatsApp, Twitter, etc. Customers enjoy the security of their trusted bank within their favorite messaging application, making everyday banking easier and more efficient than ever before.

• Guidance on regulatory contours to ensure the platform is compliant on all aspects of Lending

• Accelerated access to INR 6 crore credit line for PoC

• Joint marketing campaign for short term personal loan as well as SME loan

• PMF guide as well as business scale up, promotion to YBL's SME customers

• Investment opportunity

• Complete India Stack and India market guidance through mentorship

• First India PoC opportunity and exposure to YES BANK’s customer base (CUG) through YES Pay App during the POC

Keerthi Kumar Jain

Keerthi is an alumni of IIM Kozhikode and ISB, is a serial entrepreneur who has founded 5 ventures including Anytime Loans and Vote for Cash and other platforms of hybrid lending. He has specialized & continues to does his research in Economics & Blockchain market analysis

ATL is using an AI-based alternative credit scoring model to assess borrowers. It will use INR 1 Cr. line of credit from YBL to extend short-term (1-3 months) and small ticket size (INR 10,000-60,000) personal loans. This partnership with ATL will enable the bank to assess and disburse a personal loan request in a span of 10 minutes. ATL will also use a separate line of credit of INR 5 Cr. to extend loans to MSMEs for 6 months to 3 years tenure.

An alternate lending platform, offering consumer loans and MSME business loans using AI, Data Science, Robotics & Predictive Science tools to create Alternative Scoring and KYC models ATL uses a unique proprietary algorithm to under-write / evaluate loan applications that revolve around - Robotics, Artificial Intelligence, Predictive Science and Data Science tools (RAPID) with customer at its center.

Daniel PeledFounder & CEO

Daniel is entrepreneur and a blockchain enthusiast. Daniel is a reserve ofcer (Captain) in the IDF EOD unit, holds a dual degree in Law and Economics and LLM from University of Haifa. He is responsible for the concept, vision and team management at Paykey.

PayKey has integrated its SDK in the YES PAY app to provide the users the facility to check the account balance, account history and initiate P2P payment while using any SM app like Whatsapp, Facebook messenger. This solves the problem of leaving the SM app and opening your banking app to make any financial transaction

PayKey makes payments in all social network chats possible. Their technology puts banks where their customers are, on all social networks including Facebook’s Messenger, WhatsApp, Twitter, etc. Customers enjoy the security of their trusted bank within their favorite messaging application, making everyday banking easier and more efficient than ever before.

• Guidance on regulatory contours to ensure the platform is compliant on all aspects of Lending

• Accelerated access to INR 6 crore credit line for PoC

• Joint marketing campaign for short term personal loan as well as SME loan

• PMF guide as well as business scale up, promotion to YBL's SME customers

• Investment opportunity

• Complete India Stack and India market guidance through mentorship

• First India PoC opportunity and exposure to YES BANK’s customer base (CUG) through YES Pay App during the POC

The goal is to convert every shop and customer into a virtual cash distribution network and is starting in Asia

• Along with SoCash team, additional use cases to create a close loop ecosystem which can leverage on base tech stack of SoCash were deliberated

• In depth discussions with Compliance and Product teams have been initiated to further deliberate process flows with relevance to Indian market ecosystem

• Currently, the build of the workflows are still underway to facilitate the ‘Petty Cash’ use-case

soCash improves cash distribution and liquidity management by creating the largest cash network in the world powered by mobile devices. The goal is to convert every shop and customer into a virtual cash distribution network and is starting in Asia. They make cash circulation more efficient by deconstructing the expensive cash logistics supply and ATM networks globally. soCash is the first recipient of the Monetary Authority of Singapore’s (MAS) grant.

Authme is working with YES BANK to validate its behavioral based authentication technology and integrate with internal YES BANK systems.

• Authme’s idea stage product underwent dual mode testing through superior Automated Testing capabilities to mimic human behavior; and a series of manual testing by over 100 users in a closed user group.

• These tests coupled with superior mentorship through industry stalwarts such as Mr. Sandipan Chattopadhyay enabled the startup to validate its technology.

• YES BANK provided technical assistance to improve the AI and make the technology more robust including addition of OTP to reduce drastically reduce false negatives

• During the cohort, Authme has received key insights about its product and technology besides an understanding of the Sales Cycle typical to established organizations (startups/ large institutions alike)

AuthMe is using AI to replace passwords with unique pattern technology and bring UX and security together. Authme uses multifold behavioural security (making it almost impossible to hack) to aggregate first factor and second factor of authentication.

Parth Mudgal

Parth Mudgal has 4 years experience in payments security & designed and built massively scalable big data systems at Payzippy (Flipkart) and Ola.

Shardul Lavekar

Shardul Lavekar has 5 years experience in payments security & played important roles at Citrus Pay and Ola also has experience in selling SaaS platform to over 1000+ merchants

Vivek Mehta

Vivek Mehta is CMU Graduate & Machine Learning Guru. He has designed and developed card fraud detection algorithm at Flipkart & also has experience in gesture based authentication technology.

Hari Sivan

Hari, the Founder & CEO of soCash is a true technopreneur. Having started his career with Cognizant Technology Solutions, Hari is a Fintech veteran with more than 10 years of cumulative banking experience across DBS and Citi Bank.Hari is an MBA from EDHEC Business School(France) and B.Tech, from National institute of Technology, Calicut

FOUNDER PROFILE FOUNDER PROFILE

USE CASE YES FINTECH ADVANTAGE USE CASE YES FINTECH ADVANTAGE