CIOInsider India Magazine

Dhiway: Powering Digital Transactions With Absolute Certainty

What if you could receive all your identity & credential data straight into a mobile wallet and you could use & re-use them across different websites to verify your identity, without the need for passwords or frustrating log-in procedures? Imagine applying for a home loan by sharing all the necessary proofs straight from your mobile phone, while your bank verifies them near-instantly. Imagine auto-filling a job application form with the identification details from Aadhar Card, address from your driving license, grades from your college, and income details from your bank - everything through your mobile. This is the future of internet economy powered Dhiway, a startup based out of Bangalore. Dhiway is building India's first digital trust platform to enable individuals and organizations to connect, share credentials, and build trust using a completely decentralized & privacy-respecting infrastructure-where literally everyone can be the center of their own web of trust.

Startups of the Year - 2020

With the consumer demands and VC investments dropping simultaneously, the startups ecosystems across the globe are struggling to keep their neck above water. Tech startups, however, have been manifesting better numbers compared to other segments. While the US remains the largest startups ecosystem in the world, India is at the third sport below China. When it comes to tech startups, the Indian counterparts have also been quite successful in containing the adverse effects of the pandemic. Though the restrictions brought down the capital inflow to all-time quarterly low in Q2 2020, the startup ecosystem in the country made a comeback in Q3 by attracting funding with a surge of 167 percent compared to Q2. While this implicates the revival of the ecosystem, it's an even more inspiring fact that the country saw the emergence of four unicorns during the pandemic ­ Nykaa, Razorpay, Uncademy, & Postman. A collaborative report by TiE Delhi-NCR and Zinnov says that the country's recovery seems to be faster than expected. The data shows that around 75 percent start-ups are being successful in steadying the ship, while around 30 percent of startups have explored new revenue streams. The tech startups among them, however, owe big thanks to the demand for cloud adoption, digital transformation, and cybersecurity. Recognizing the key progressions and developments in the Indian startup ecosystem, CIO Insider has come up with the `Startups of the Year - 2020. The list comprises startups that have shown immense proficiency in adapting to the new normal and finding alternative revenue streams without compromising the quality of deliverables. The following list has undergone strict scrutiny by a panel of experts that include industry veterans & subject matter experts, CMOs, CEOs, analysts, and the CIO Insider editorial team. Let's begin.