WATCH: How this digital locker startup pivoted into B2B SaaS to stay in business after SC ruling on Aadhaar

#News(Startup) [ via IoTGroup ]

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WATCH: How this digital locker startup pivoted into B2B SaaS to stay in bus
Watch Co-founder Veerendra Mishra explain what the startup does in this vid
ezeDox 2.0
Homing in on the need

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While digitisation is gaining ground in India, millions of firms still trundle through heaps of documents and paperwork to keep their customers, workforce, vendors, and operations in order.
The B2B software-as-a-service (SaaS) startup helps companies onboard customers, vendors, and employees seamlessly without the need for paperwork.
Watch Co-founder Veerendra Mishra explain what the startup does in this video:
But back in 2014, when the startup was founded, ezeDox was doing something different altogether.
Veerendra had been toying with the initial idea for ezeDox when he quit his banking job.
The Co-founders of Ezedox
“The business case was there, and the software could help all organisations digitally,” Veerendra says.
ezeDox 2.0
Unfortunately for the young company, the Supreme Court ruling in late 2018 against private firms demanding Aadhaar information for KYC authentication hit ezeDox’s digital locker business.
But the founders took it on the chin and, in early 2019, pivoted into a SaaS provider for on-boarding customers without any paper-based processes.
Over the last two months alone, the startup has on-boarded over 4,000 processes.
“If you look at on-boarding in any major industry, it is still paper-driven and there is no use of cloud-based systems.
Imagine, then, an application that acts as a console for on-boarding every vendor and the auto OEMs can avoid distributing paperwork both internally as well as outside the firm to all the key stakeholders.
India has 25 million small manufacturing businesses that can use a system like ezeDox’s.
However, the advantage of ezeDox, Veerendra says, is that the solution can handle agents, merchants, customers, vendors, and the blue, grey and white-collar workers.
There is no competition in on-boarding of vendors in the manufacturing segment, the co-founder adds

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