TheRollNumber focuses on Digitisation of information not restricted to training levels/Commencement certificates but additionally prolonged to employment, beginning certificates and lots of extra additionally offering background verification service for employers in 60% much less time and 40% decrease prices
TheRollNumber, a platform that verifies, attests and points blockchain-based credentials has closed a Pre-Seed funding spherical, led by India Accelerator, Artha Enterprise Fund and Rudraksh ventures. Based in 2020 by Sai Raghavendra Sharma, Accelerated by India Accelerator and a DPIIT accredited enterprise, TheRollNumber focuses on Digitisation of information not restricted to training levels/Commencement certificates but additionally prolonged to employment, beginning certificates and lots of extra additionally offering background verification service for employers in 60% much less time and 40% decrease prices.
The injected funds will probably be used for product improvement and deployment. The Govt. of India is bullish on Blockchain and its use circumstances, and TheRollNumber has already initiated its conversations with the respective departments. India has near 900+ universities and 30% of the schools do have correct infrastructure for digitisation and verification providers. TheRollNumber helps all the tutorial establishments digitise their information freed from price and is inserting them on TheRollNumber’s blockchain community. The blockchain startup is bringing India’s first credential monitoring system which helps people management their knowledge and make them perceive the worth of information.
In an announcement, Sai Raghavendra Sharma, Founder, TheRollNumber says, “India’s credential system is extraordinarily delicate and fragmented space. We imagine, blockchain may carry a big impact and assist scale back the faux and fraudulent credentials circulating out there. Bringing a decentralised system would profit loads in such delicate areas.The Indian authorities has recognised the necessity for stronger technology-led interventions for the more and more crucial digitisation area.” TheRollNumber was chosen within the prime 100 startups in MSINS MSW organized by the Govt. of Maharashtra within the area of Governance.
Mona Singh, Co-Founding father of IA stated, We’re elated to put money into The RollNumber because the blockchain phase has erupted the tech business and comping up with the brand new improvements. After witnessing the businesses quick income development and strategic dedication to their product, we have been decided to led this spherical into the startup . Anirudh A Damani, Managing Accomplice, Artha Enterprise Fund, stated, “This our first funding from the Artha Entry program. This system focuses on the pre-seed funding phase by associations with varied accelerator applications. We’re thrilled with this partnership, and we sit up for supporting extra investments by established accelerators like India Accelerator.”
“The bodily restrictions over the previous 18 months have created obstacles for efficient background screening of candidates. The crew at TheRollNumber removes these obstacles with their cost-friendly proposition offering vital time-saving. This funding spherical suits nicely into our funding ethos of fixing an actual human drawback by leveraging cutting-edge expertise”, he added.