About VeriRight
VeriRight is a Technology company based in Bengaluru (India) founded in 2020. It delivers advanced AI and SaaS-based solutions for effective fraud detection. It operates on a B2B model. The company has 1 employees. Its Indian entity Veriright Management Solutions Private Limited reported revenue of ₹14 Lakh. Its focus areas include Software, Artificial Intelligence and Fraud Detection. Similar companies include BitGo, Yoti, LifeLock, HYPR and Microblink and 3 more; 8 of its 8 listed similar companies have raised funding.
Company details
VeriRight operates with a B2B model, focusing on leveraging cutting-edge technology, software, developing AI-driven solutions, and detecting fraud. Delivers advanced AI and SaaS-based solutions for effective fraud detection. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
- Headquarters Bengaluru, India
- Employees 1
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website veriright.com
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- Legal Name Veriright Management Solutions Private Limited
- Date of Incorporation 23 Aug, 2020
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹14 Lakh
FY 2022 · +1453% YoY
- Net Profit₹1.5 Lakh
FY 2022 · 11% margin
- EBITDA₹1.9 Lakh
FY 2022 · 14% margin
- Employee Count1
Associated legal entities of VeriRight
VeriRight operates through Veriright Management Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2022) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Veriright Management Solutions Private Limited CIN U74993KA2020PTC137594 | Active | 23 Aug 2020 | Bangalore, Karnataka | ₹0.1 Cr | – | 2 | View details |
Board of directors of Veriright Management Solutions Private Limited (VeriRight)
Veriright Management Solutions Private Limited is the primary company behind VeriRight. The board of Veriright Management Solutions Private Limited currently have 2 directors; the longest-serving is Jatin Doultani, appointed in 2020. 3 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Jatin Doultani DIN 07409616 | Director | 23 Aug 2020 | 6 yrs 1 mo | Veriright Management Solutions Private Limited |
| Ramakrishna Pavithra DIN 08598060 | Director | 28 Jan 2022 | 4 yrs 8 mo | Veriright Management Solutions Private Limited |
Financials of VeriRight
Figures of Veriright Management Solutions Private Limited, the primary company behind VeriRight, for FY 2022. Revenue was ₹14 Lakh (+1453% year on year). Net profit was ₹1.5 Lakh (11% margin). EBITDA was ₹1.9 Lakh (14% margin).
- ₹14 LakhRevenue · FY 2022 · +1453% YoY
- ₹1.5 LakhNet profit · 11% margin
- ₹1.9 LakhEBITDA · 14% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Veriright Management Solutions Private Limited are on its company page.
Detailed financial statements for VeriRight
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Similar companies to VeriRight
VeriRight has 8 listed similar companies in our database, 8 of them funded. They include BitGo, Yoti, LifeLock, HYPR and Microblink, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| bitgo.com | 2013 | Palo Alto, United States | $170.5M | 166 | Crypto-based custody, trading, and lending services are provided to institutions. | |
| yoti.com | 2014 | London, United Kingdom | $48.99M | 318 | Identity verification solutions are provided for multiple industries digitally. | |
| lifelock.com | 2005 | Tempe, United States | $192.07M | – | Identity theft is protected and prevented through cyber monitoring services. | |
| hypr.com | 2014 | New York, United States | $130.65M | – | Passwordless multi-factor authentication and identity assurance solutions are provided. | |
| microblink.com | 2013 | London, United Kingdom | $60M | – | Platform offering card scanning apps-based consumer payments | |
| evrotrust.com | 2015 | Sofia, Bulgaria | $13.83M | – | AI-based identity verification and electronic signing are provided for businesses. | |
| sensetime.com | 2014 | Hong Kong, China | $2.82B | – | AI based platform offering image recognition solutions | |
| oosto.com | 2015 | Holon, Israel | $352M | – | AI-powered video analytics systems are provided for security and operations. |
Detailed similar companies of VeriRight
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Top companies in AI in Cybersecurity
10 companies that operate in the same segment as VeriRight (AI in Cybersecurity), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cybersecurity services, products, and training in IT and OT sectors. | 2020 | Gurugram, Haryana, India | – | USD 332.97 K | 47 | |
Multiple industries are spanned by operations of the diversified conglomerate. | 2017 | Mulgrave, Victoria, Australia | – | USD 19.78 M | – | |
Investment in B2B technology ventures from India for global markets. | 2013 | Bengaluru, Karnataka, India | – | – | – | |
B2B marketing agency focused on technology sectors. | 2007 | Delhi, Delhi, India | – | USD 254.69 K | 25 | |
An AI-based platform for video analytics and enterprise surveillance. | 2018 | Bengaluru, Karnataka, India | – | USD 110.27 K | 15 | |
Provides digital banking platforms and payment automation for global enterprises. | 2015 | Mumbai, Maharashtra, India | – | USD 15.78 M | 479 | |
Cybersecurity services including extended detection, response, and SOC monitoring. | 1996 | Kolkata, West Bengal, India | – | USD 393.74 K | 27 | |
Offers IT services including web development, mobile apps, and data analytics for enterprises. | 2013 | Indore, Madhya Pradesh, India | – | USD 1.07 M | 120 | |
Offers cloud infrastructure, SaaS, and cybersecurity solutions to businesses. | 2001 | Jaipur, Rajasthan, India | – | USD 5.35 M | 91 | |
AI-powered data security and remediation platform for healthcare, consumer, and financial sectors. | 2019 | Bengaluru, Karnataka, India | – | USD 669.16 K | – |
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Frequently Asked Questions about VeriRight
VeriRight was founded in 2020.
VeriRight is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
VeriRight has 1 employees.
The primary company behind VeriRight, Veriright Management Solutions Private Limited, reported revenue of ₹14 Lakh for FY 2022, up 1453% year on year.
VeriRight operates with a B2B model, focusing on leveraging cutting-edge technology, software, developing AI-driven solutions, and detecting fraud. Delivers advanced AI and SaaS-based solutions for effective fraud detection. It emphasizes efficiency, client-focused solutions, and growth, fostering partnerships and innovation in its operations.
VeriRight operates through Veriright Management Solutions Private Limited.
The legal entities of VeriRight currently have 2 directors, including Jatin Doultani, Ramakrishna Pavithra.