Kavach Digital is an AI-based software detects fraud and malware in multiple Indian languages, and also provides API for businesses in India where cyber crimes have become rampant with digitization.
Current Status
I have more than 500 users waiting to download the app and currently the app is set to release next week.
Problem or Opportunity
India is currently experiencing an exponential growth in digitalization, with a rapid increase in the use of mobile devices and the internet. However, with this growth comes an increase in the number of cyber threats, including phishing attacks, online frauds, identity thefts, and malware attacks. In fact, according to recent reports, one in every five FIRs registered in India is a cybercrime.
The problem is further compounded by the fact that a significant portion of India's population is still not digitally literate, making them more vulnerable to these attacks.
Solution (product or service)
The solution provided by Kavach Digital Security is an AI-based platform that goes beyond traditional antivirus and malware solutions to provide comprehensive protection against fraud and cyber attacks. It offers features like SMS fraud detection, website fraud detection, Bluetooth and Wi-Fi protection, and more.
The platform is specifically designed for India, which is experiencing extreme digitization and a rise in cybercrime. Kavach Digital Security is tailored to be accessible to anyone, including students, working parents, elders, and those living in tier 2 and tier 3 cities.
Business model
The revenue model for Kavach Digital Security is based on a subscription-based service where users pay yearly fee to access the full range of features offered by the platform. Additionally, we generate revenue through partnerships with businesses and organizations, such as banks and e-commerce companies, that may want to integrate Kavach's API into their own systems to enhance their fraud prevention and security measures. We can also generate revenue by offering customized solutions and services for businesses and security training.
