Vinod Khosla led Khosla ventures has secured $2 Million in the Bangalore based digital solutions maker Veri5Digital.
The company will be going to utilize the capital to scale its identity solutions for the India market rapidly as well as to build some of the new identity and digital India related products and services
Vinod Khosla, Founder of Khosla Ventures, said, “Identity is a key underlying infrastructure that drives digital transactions globally. It is possible to not only deliver high assurance identity verification but also maintain the privacy of every individual. Veri5Digital has built innovative AI solutions around KYC and authentication, which address the online, digital identity needs of companies globally.”
Veri5Digital was started by the Saru Tumuluri in 2016 at Khosla Labs. It was an attempt to build identity technology around the Aadhar digital signatures, video KYC’s, and KYC’s.
The company solves the issues around the KYC and identity with the help of deep technology like AI. It provides digital and other IndianStack solutions like the enterprise SaaS Platform, with the plug n play SDKs and API.