Globsyn 3rd.Life is a banking and financial technology startup that offers customized SWIFT (Society for Worldwide Interbank Financial Telecommunication) solutions to banks.
“In the last two years, we have implemented the solution in 14 banks, including public, private and small cooperative banks, thereby using technology to make back-end operations more robust and secure,” said Dasgupta, who is also working on an affordable FRM (fraud risk management) solution for monitoring domestic transactions and fraud-detection in banks.
ALSO READ: Meet India’s first woman on course to co-found a $1 billion start-up at 27
Another startup EduRev is an educational marketplace with 1,000-plus interactive online courses available over social media.
“We offer personalized education to every student using our technology, which provides them with the best learning material and also guides them on how to improve while they learn,” said co-founder Hardik Dhamija.
“We’ve managed to get 5,000-plus paid subscribers from India and five other countries, without spending any budget on marketing/branding,” said Dhamija. Now the team is looking to go full fledged with this revenue model and is expecting to sell to more than 100,000 users in the next 12 months.