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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
Sri Lanka's India-assisted unique ID card project will begin by the end of January, a senior official said on Tuesday, as he mitigated concerns that data from the project would be restricted to the island nation only. The unique digital identity project, a crucial step in Sri Lanka's digitalisation programme, is being implemented with Indian grant assistance. Some SLR 20 billion are needed to implement this project, we aim to receive 50 per cent of that under the Indian assistance programme, Digital Economy Deputy Minister Eranga Weeraratna told reporters here. He said that the project will begin by the end of this month. The previous cabinet of President Ranil Wickremesinghe approved the India-funded unique identity card project. India advanced Rs 450 million for the implementation of the project in August 2023. The first phase of the project is to provide for the collection of biographic and biometric information including facial, iris and fingerprints, Weeraratna said. He also