Jukshio announces aggressive growth plans in IDV & Fraud Detection to expand customer base

08 December 23, Hyderabad I Jukshio, one of India’s leading Identity Verification (IDV) and Fraud Detection companies for digital onboarding of customers, has announced aggressive new customer acquisition and revenue expansion plans to tap into the increasing demand for digital KYC & Fraud management solutions from the high-growth BFSI, Microfin and Fintech sectors in the country

Commenting on the development, Sridhar Tirumala, Jukshio’s Co-founder & CEO said, “We felt this was the right time to announce our business expansion plans and take our IDV and Fraud Detection platform aggressively to the market to help companies respond proactively towards early detection and prevention of existing, new and emerging frauds - all at speeds and costs that no comparable technology in the market is able to deliver. We are now seeing active interest from companies for our IDV solutions, and we are already in the process of signing up new clients to add to our current portfolio”

Shivani Pulimamidi, Jukshio’s Co-Founder & COO said, “Our vision is to eliminate fraud by securing the enterprise, every identity, every time with 100% accuracy powered by responsible, modern human-centered AI. Our business expansion plans are in sync with the huge growth we see in businesses of NBFCs, Microfinance and Fintech companies in the coming days and also the strong interest for our unique KYC (Face-match, Face Liveness) and DFraud technology solutions, not currently offered by any other IDV player in the marketplace.”

Jukshio's remarkable time-to-sign in improvement and AI-powered self-learning fraud detection platform has enables companies to onboard customers quicker and with higher confidence resulting in an unparalleled customer experience.

In times to come, Jukshio has extensive plans to scale up rapidly – in India and overseas – and establish Jukshio’s ID Verification and Fraud Management platform as an enterprise standard to build a secure and trustworthy on-boarding system for digital customers. 

About Jukshio

Jukshio provides full-stack compliance and risk management solutions including KYC, Dfraud, Enterprise Access KYB and Attendance Management, offering a 360-degree approach to identity and access management with state-of-the-art models that are fine-tuned to excel in real-life situations, promoting inclusivity at the edge. It employs AI and ML-based technology solutions to proactively monitor identity fraud patterns to help companies stay on the top of regulatory changes, ensuring enhanced compliance, preventing financial losses and protecting brand reputation.


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