wordpress blog stats
Connect with us

Hi, what are you looking for?

Uniken raises $2 million from Exfinity Venture Partners; international expansion and growth in India planned

uniken

Digital security company Uniken has raised $2 million in funding from Exfinity Venture Partners, reports ET. Uniken will use the funds for international expansion and grow their presence in India. This will include establishing a foothold in the US through adding employees, investing in technology, infrastructure and the brand.

In January last year, Uniken had raised ~Rs 30 crore from Nexus Venture Partners to expand its operations to international markets like USA and Israel.

Its product REL-ID, a secure digital platform developed at the Uniken Innovation Center, is a plug and play solution which provides security across various platforms and devices. REL-ID includes solutions such as REL-ID personal banking, corporate banking, partner access, print, employee access and collaborate. For REL-ID, it lists customers like Axis Bank, Bank of India, ING Vysya Bank, Yes Bank and SBI. Uniken has also seen customers in Indian defence orgs such as WESEE and NSG. In Israel, Uniken has a tie up with Israeli system integrator company Bynet.

The platform provides biometric access, enterprise mobile solutions, collaboration platform and remote branch operations for employees. On the customer end, it provides quick apps to secure all customer activities. The company also provides research and innovation services to its clients which include product engineering and enterprise computing in network security, identity & authentication and intelligent software systems.

Uniken was founded by Sanjay Deshpande, Nanjundeshwar Ganapathy, Prakash Salvi and Nilesh Dhande in 2003. It is headquartered in Florida with an Innovation Center in Pune. The company provides security solutions to banks and financial institutions, and claims to have over 2 million users in India. The company recently appointed Thane Plambeck and Greg Whitehead to the board as technology advisors and Menny Barzilay as chief security evangelist.

Advertisement. Scroll to continue reading.

Written By

I'm a MediaNama alumna from 2015-16 (remember TinyOwl?) now back to cover e-services like food and grocery delivery, app based transport and policies, platforms and media in India.

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

Views

News

India and US come to terms on how to deal with the equalisation levy in light of the impending Global Tax Deal.

News

Find out how people’s health data is understood to have value and who can benefit from that value.

News

The US and other countries' retreat from a laissez-faire approach to regulating markets presents India with a rare opportunity.

News

When news that Walmart would soon accept cryptocurrency turned out to be fake, it also became a teachable moment.

News

The DSCI's guidelines are patient-centric and act as a data privacy roadmap for healthcare service providers.

You May Also Like

News

Google has released a Google Travel Trends Report which states that branded budget hotel search queries grew 179% year over year (YOY) in India, in...

Advert

135 job openings in over 60 companies are listed at our free Digital and Mobile Job Board: If you’re looking for a job, or...

News

Rajesh Kumar* doesn’t have many enemies in life. But, Uber, for which he drives a cab everyday, is starting to look like one, he...

News

By Aroon Deep and Aditya Chunduru You’re reading it here first: Twitter has complied with government requests to censor 52 tweets that mostly criticised...

MediaNama is the premier source of information and analysis on Technology Policy in India. More about MediaNama, and contact information, here.

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ

Subscribe to our daily newsletter
Name:*
Your email address:*
*
Please enter all required fields Click to hide
Correct invalid entries Click to hide

© 2008-2021 Mixed Bag Media Pvt. Ltd. Developed By PixelVJ