AadhaarAPI
An Aadhaar-based technology.
| Date | Investors | Amount | Round |
|---|---|---|---|
N/A | Angel | ||
| Total Funding | 000k | ||
Initially known as AadhaarAPI.com, Zoop.one is a technology company specializing in digital identity, Know Your Customer (KYC), and business onboarding solutions. Founded in 2016 by Ritesh Kothari and Vijay Chuttani and headquartered in Pune, India, the company operates under the legal name Quagga Tech Private Limited. The founders, driven by a passion to solve overlooked industry challenges, established the firm to simplify complex processes through technology. Ritesh Kothari, the Founder & CEO, previously worked at Akersolutions As and Searce, while Co-Founder & CTO Vijay Chhuttani has a background as a software engineer at Tech Mahindra.
Zoop.one provides a comprehensive platform for identity management and security, designed to digitize and accelerate customer, vendor, and partner onboarding. The company's business model is solution-first, creating custom offerings based on the specific use cases and needs of clients across various industries, including fintech, banking, healthcare, and e-commerce. Revenue is generated by providing these tailored solutions that automate processes, ensure regulatory compliance, and enhance data accuracy. The company serves over 350 businesses, helping them to reduce operational costs and improve efficiency.
The core of Zoop.one's offering is a suite of over 150 Application Programming Interfaces (APIs) and Software Development Kits (SDKs). These tools enable services such as identity verification, financial data verification, asset and merchant verification, and electronic document signing (Aadhaar eSign). The platform is engineered to handle high volumes, reportedly processing over 250 million identities monthly and validating over 1 billion data points. Key products include 'Zoop Stack' for multi-source verification, 'Zoop Sign' for digital document signing, and 'Zoop Wallet'. The Aadhaar eSign service, for example, allows for legally valid and secure electronic signatures, reducing paperwork and transaction times for everything from loan agreements to employee onboarding.
Keywords: digital identity verification, KYC solutions, customer onboarding automation, API platform, eSign, Aadhaar verification, financial data verification, regulatory compliance technology, merchant verification, business process automation, identity management, background screening, fraud prevention, digital onboarding, KYC platform, Quagga Tech, Ritesh Kothari, Vijay Chhuttani, document verification, secure transactions