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More than 500 million verifications for over 3,000 clients! Fuelled by regulatory requirements and digital transformations, the demand for identity verification and digital credentialing will grow further for background verification platform OnGrid, says its co-founder and CEO Piyush Peshwani. Founded in 2016 by IIT Bombay graduates Piyush Peshwani and Vineet Bansal, OnGrid describes itself as the best background verification company in India that provides comprehensive and fastest employee background verification, contractors' and partners' screening. It has been clocking all-round consistent year-on-year growth in revenue, clients, and verifications processed. "In 2024-25, we estimate the growth rate to exceed 50 per cent as compared to 2023-24, completing over 60 million verification transactions - the highest ever," Peshwani told PTI. OnGrid, which serves industries such as retail, technology, e-commerce and shared economy platforms, helps organisations and service providers by
Capital markets regulator Sebi on Sunday said it has launched a digital knowledge repository, "Dharohar - Milestones in the Indian securities market", on the occasion of the country's 76th Republic Day. The securities market, known for its diverse products, participants, and institutions, has a long-standing history of organised trading over the past 150 years, Sebi said. "Dharohar has been designed to document and showcase this rich heritage and evolution of the Indian securities market," the regulator said in a statement. The repository features a website that also includes an interactive timeline of significant events and 3D galleries, offering an engaging experience to visitors, it added. It is designed to cater to a wide audience, including students, investors, researchers, journalists, market participants and the general public offering insights into the market's diverse products, participants, and institutions. With over 3,000 assets, Dharohar documents the market's journey
In a major push towards digitising the agriculture sector, the government will soon begin registration of farmers across the country to provide them with a unique ID similar to Aadhaar, Agriculture Secretary Devesh Chaturvedi said on Monday. Chaturvedi, speaking to PTI on the sidelines of an Outlook Agri-Tech Summit and Swaraj Awards, said the guidelines for the registration process will be issued soon, with the implementation set to begin in the first week of October. "Our target is to register five crore farmers by March next year," the secretary said, noting that the initiative is part of the government's Rs 2,817-crore Digital Agriculture Mission approved by the Cabinet recently. A pilot project was earlier conducted in Maharashtra and Uttar Pradesh, and 19 states have already onboarded the project, he said. Once the farmers' registry is created, an "Aadhaar-like unique ID" will be provided to each registered farmer. Chaturvedi said the unique ID will help farmers access vario
The computer hacker who stole personal data of almost 10 million customers of a telecommunications company in one of Australia's worst privacy breaches used techniques to conceal their identity, actions and whereabouts, police said on Friday. Australian Federal Police Assistant Commissioner Justine Gough, who heads cyber investigations, said the international probe, that includes the US Federal Bureau of Investigation, into the Optus cyberattack last week would be long and complex. "You can be assured that our very clever and dedicated cyber investigators are focused on delivering justice for those whose personal information has been compromised, Gough said. The government blames lax cybersecurity at Optus, Australia's second-largest wireless carrier, for the theft of current and former customers' personal information. Cybersecurity Minister Clare O'Neil described the crime as quite a basic hack. She said Optus, a subsidiary of Singapore Telecommunications Ltd, also known as Singte
Singapore Foreign Minister Vivian Balakrishnan has praised India for its digital identity and payment systems and said that it is a "clear opportunity" for the country.In Saturday's statement after his meeting with External Affairs Minister S Jaishankar in Cambodia, Balakrishnan noted two basic areas including certain strengths which India has and economic integration."India has certain strengths - FinTech, digital finance, digital inclusion, and what they have done with digital identity and payment systems, is a clear opportunity for us," the Singapore Foreign Minister said."In Singapore, of course, we have all those systems as well, but for the rest of Southeast Asia, to explore how we can interconnect our payment systems, our financial systems, in order to facilitate payments and expand opportunities for small businesses across the subcontinent and across into Southeast Asia," he added.Furthermore, Balakrishnan stated: "We are reviewing the ASEAN-India Trade in Goods Agreement to ..