Financial Crime World

Indian Companies Take the Lead in Fight Against Fraud

In a bid to combat the growing menace of fraud, several Indian companies are at the forefront of innovation and technology. From artificial intelligence-powered fraud detection to cybersecurity solutions, these entrepreneurs are revolutionizing the way businesses operate.

Innovative Solutions from Indian Companies

  • Newgen Payments: A multi-channel e-commerce platform that provides international payment gateway services, founded by Sunil Jhamb in New Delhi, India.
    • Uses cutting-edge technology to ensure secure transactions for its clients.
  • Securematix: A cyber security solutions provider based in Pune, Maharashtra, founded by Karan Savant, Malhar Shete, and Nilesh Kulkarni.
    • Offers solutions to prevent security breaches, asset forgery, and product counterfeiting.

Other Notable Companies

  • Arctos Networks: A Bangalore-based company that provides cyber security solutions to protect enterprise and infrastructure from threats, founded by Palaniyappan Bala.
  • Spy Detective Agency: A Delhi-based agency led by Goldie Singh, specializing in pre- and post-matrimonial investigations.
  • Fraudexpress: An antifraud social media site founded by Apurva Joshi in Pune, providing news articles, events, seminars, and educational programs to help individuals and businesses stay ahead of fraudsters.

Additional Companies in the Space

  • FrauShield: A payment gateway that analyzes each transaction to detect potential fraud.
  • Lauth Investigations: A US-based company specializing in legal support, insurance subrogation, personal investigations, and corporate financial investigations.
  • Safe Hands: Provides security surveillance solutions for domestic, industrial, institutional, and corporate clients.

Other Innovative Solutions

  • InQuest Advisories: Led by Praveen Dahiya in Gurgaon, offers fraud risk management and cybersecurity services.
  • Tact India: A Haryana-based company that renders employee screening, due diligence, fraud investigation, business hygiene audits, executive protection, and defense services.
  • Yashka infotronics: Founded by Dipankar Aich in New Delhi, offers electronic security intrusion detection systems.

Companies Providing Robust Security Solutions

  • eCloud Integrated Technologies: Based in Mumbai, provides robust business security solutions.
  • MLCLOUDSTUDIO: A Delhi-based company led by Gaurav Gupta and Madhumita Rao, offering predictive analytics, marketing attribution, fraud detection, and prevention services.
  • Connersville Credit Bureau: A US-based company specializing in debt recovery, insurance claims, accounts receivable management, locate, and skip trace services.

Companies Providing Reliable Security Services

  • ZedPlus Security: A New Delhi-based company providing reliable security services.
  • SafeRock India: Based in Bengaluru, is a security system integration company.
  • Indo Spy Devices: An online shop based in Bangalore, offering spy cameras and spy audio devices.

These Indian companies are leading the charge against fraud, using technology and innovation to stay one step ahead of fraudsters and protect businesses from financial loss.