Digital Identification Solutions

AADHAAR Authentication, eKYC, New customer acquisition, Cloud based Digital Identity Solution, Attendance & Visitor Mangment, AADHAAR eKYC based New Customer acquisition.

ESDM Company

Srishti ESDM(Electronic System Design and Manufacturing) company develops next generation Low cost 2 in 1 ECR (Cash Register) & Payment Solutions.

IoT Company

Iconic IoT Startup of NASSCOM Top-16 IoT Company mentored by TiE-IESA Cashless Drinking water Distribution System

About The Company

Introduction

Srishti ESDM Pvt Ltd, a registered Private Limited company incorporated on 17th September 2013 with initial aim to develop AADHAAR Enabled Micro ATMs as an ESDM (Electronic System Design and Manufacturing) Company. It started it’s development work from January 2014 at the Innovation Center of IIIT-Bangalore, A premier IT Post graduate and Research Institute. During the last three years, Srishti pivoted it’s concept and moved towards a cloud based Software Solution to address the same goal- make India Cashless and Cardless by introducing payment solutions for Micro and Small payments.

During the last three years, Srishti got recognition and accolades from different corners

  • Top-10 Intel-DST Innovate for Digital India Challenge-2015, received award from President of India at Rashtrapati Bhavan
  • 2015 Disrupter-Finalist at Citi Mobile Challenge-Asia Pacific
  • FIS Global partner for Financial Inclusion
  • Top-16 IoT company mentored by IESA-TiE
  • Iconic IoT Company judged by NASSCOM and Deity, Government of India
  • One of the 10 startup selected by METI, Government of Japan and mentored for attracting investment from Japan.

Srishti’s flagship product “PayHind” (earlier name – AAPNA-SEVA (AADHAAR Authentication and Payment Network Access) serves common man by making micro- payment simple and cashless, utilizing NPCI products IMPS, AePS and UPI. PayHind brings modern Mobile App services to the doorstep of common man and rural population of India in assisted Model, thus generating Micro-Entrepreneur spirit among housewives, small and marginal shop owners, unemployed youth.

VISION

Cashless-Cardless India

MISSION

To promote secure small and large payments anytime, anywhere that will empower the common man to lead a cardless-cashless Convenient life and generate livelihood for the Service Provider through Srishti developed Technologies.

GOAL

  • To take modern services to every nook and corner in India

  • Endorsing and creating rural employment through livelihood generation

OBJECTIVE

  • One Srishti “PayHind” Service Point in 500K Indian Villages by 2020

  • Generate livelihood for 750,000 people (with 2/3rd of them being situated in rural India)

Products & Solutions

Srishti ESDM Pvt. Ltd. creates AADHAAR-based anytime, anywhere digital identification solutions. Our products are specialized in biometrics authentication and management services. We spread our solutions across 2 spaces, maintaining technology based Constant- Secure Digital identification and extremely low cost small value  cardless-cashless payment solutions.

PoS (Point of service)

Next-generation PoS (Point of service) terminals to conduct business operations and micro-Payments Cardless-Cashless

AADHAAR Services

Authentication (Demographic, OTP and Biometrics-IRIS and FingerPrint), BFD (Best finger Detection), Change of Mobile number and email ID

Cloud-based solutions

Cloud-based solutions catering to various industry verticals for digital identity

Telecommunication Services

Telecommunication Services: Over-the-counter service delivery using digital biometrics identification

Attendance and Visitor management

Providing services based on digital identification

Recruitment and Examination

Multi-stage digital identification

ECR (Electronic Cash Register)

Fulfilment of day to day service and payment need of (ex- Top-up, DTH Bill, Insurance Payment, Bus Ticket, etc)
Generate additional income for small and marginal business men (Most suitable for small and medium size medical stores, kirana shops, restaurants, etc.)

IoT Solutions

Distribution of Clean and Reliable drinking winters at affordable price. Manage all  distillation plants from a central location or on mobile

Using Srishti’s cloud infrastructure

Banking and Financial Inclusion

AePS (AADHAAR-enabled Payment System), UPI (Unified Payment Interface) – the two main Cardless and Cashless mode
eKYC for instant new bank account opening and periodic KYC
Static BC (Business Correspondent) Model to extend banking services througout India 24 X 7

Three distinct forms, collectively covering all operations required by our solutions:

Portable table-top

Portable Handheld

Self-serviced kiosk

Meet our Team

“Incubated at IIITB (The Indian Institute of Information Technology, Bangalore), situated at Electronic City where the forefront of Indian electronics R&D is based, our team works round the clock to provide solutions which will aim to take “the common man to the zenith”

BN PAL
BN PAL Founder
Leader of India’s oldest private sector ESDM R&D Aplab
Three decades of Electronic R&D leadership experience at varied verticals (Electronics, Semiconductors and R&D at Indian Space Research Org.)
Introduced STD/ISD booth prior to mobile phone era in order to take telecom services to the masses
Made 24×7 banking a reality by introducing indigenous ATM and shared ATM Payment Network concept called “Swadhan”
Made stored value reusable prepaid concept a reality, making mobile phones a reality for all corners of India
SHOUBHIK PAL
SHOUBHIK PALCo-Founder / Business Head
Recent graduate from Claremont McKenna College, USA,, one of the best liberal arts undergraduate colleges in the USA
Possesses business development & marketing experience with a variety of firms:
Non-profits (Parikrma)
Start-ups (Zattaro, Hidden Reflex, Tketz)
Big firms (Citibank)

Advisory Board Members

PROF. S. SADAGOPAN
PROF. S. SADAGOPANFounder/Director of IIITB
Possesses teaching experience of a combined total of more than 20 years (held important teaching positions at prestigious institutes like IIT-Kanpur and IIM-Bangalore)
Fellow of Computer Society of India & India-based Institution of Engineers
Fellow of Computer Society of India & India-based Institution of Engineers

J.K. SINHA
J.K. SINHAIndependent Banking Consultant
Held important positions at SBI for over a decade (CGM SBI Rural Business from 2009 to 2012, CGM SBI Bengal Circle from 2007 to 2009, Regional head& CEO of SBI’s Japan from 2001 to 2005)
Spearheaded several initiatives of SBI in the area of financial inclusion, an area we are working round the clock in
SBI’s representative during early stages of the AADHAAR card
P.S. DEODHAR
P.S. DEODHARFounder of Aplab
Former Indian Minister of Electronics, taking up the position from 1986-88 before continuing as late PM Rajiv Gandhi’s advisor in electronics from 1988-90
Former chairman of the Electronics Commission
Awarded “Engineering Manager of the Year” by IEEE, USA in 1990
ANSON CHEN
ANSON CHENSerial Entrepreneur based out of Silicon Valley
Former corporate VP & GM of Motorola Software
Former VP of R&D at Netscreen/Juniper
Former VP & GM of CISCO Systems
RAMAKRISHNA V.
RAMAKRISHNA V. Founder, CEO & MD of Eximsoft Tech
Former senior corporate VP & CDO of HCL Technologies
Former CEO & MD of Verifone India, making him invaluable to the solutions we are trying to create

Work With Us

Latest Events

SRISHTI’S PAYHIND TO ANSWER 8/11 DEMONITIZATION AT BENGALURU ITE.BIZ

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From 28th – 30th November 2016, Bangalore hosted Karnataka’s flagship annual event BANGALORE ITE-BIZ at Bangalore Palace. Srishti with its “PayHind” solutions was the answer of a true cashless Indian solutions post demonetisation announcement of 8/11. The slogan was “towards Cardless-Cashless India” meant to reach cashless solution to the remotest corner of India using AADHAAR enabled Payment System

PAYHIND- KEY ATTRACTION AT FIRST WORLD STARTUP EXPO, BIEC-BANAGLORE

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Srishti was invited by NASSCOM to participate in first “World Startup EXPO” part of 10K Start-ups. Srishti launched the Distributor Network in the presence of its Distributors from Northern Karnataka. It was held at BIEC, Bangalore  21 to 23 Nov, 2016.

PAYHIND TO REACH EVERY CORNER OF KARNATAKA THROUGH KEONICS LEARNING CENTERS

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Keonics had invited Srishti to introduce “PayHind” to their annual event “ Keonics franchisee meet-2016” on 11thNovember, just after Demonetization announcement. This was a great platform to reach every corner of Karnataka through 250 plus Keonics learning centers. A follow up meeting took place in Mangalore on 2nd of Dec to meet Mangalore and Udipi region franchisees.

INTEL RECOGNIZED SRISHTI FOR PAYHIND ON THE “INTEL MAKER LAB DEMO DAY”

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Oct 19, 2016 Intel invited select few to present to invited press, investors and Intel executives on their Maker Lab Demo day. Srishti was fortunate to be invited as part of top-10 Intel-DST Innovate for Digital India Challenge.

PAYHIND LIVELIHOOD CONCEPT WELL RECOGNIZED AT INDIA GADGET EXPO-KTPO, BENGALURU

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October 14th to 16th saw India Gadget Expo in full glamour at KTPO, Whitefield, Bengaluru. Srishti was invited as KBITS start-up Company to participate in the show and the Chair a session on the conference on IoT and Fintech future.

SRISHTI LAUNCHES PAYHIND AT INTERNATIONAL LEVEL

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METI (Ministry of Economic, Trade and Industry), Government of Japan and 41 Japanese Companies by voting selected ten Indian startups to be taken to Japan for introducing to Japanese Investors during CEATEC show OCT 4th to 7th, 2016 at Makuhari Messe., Tokyo. Srishti was the only company in FinTech Domain and was introduced to Sofbank, Sony, Nikon, Shinsei Bank, Access, Hitachi HiTech to name a few. NASSCOM Director Mr. Gagan and NASSCOM Japan Chairman Mr. Yukio Takeyari (ex-Sony India R&D MD) extended their cooperation and Guidance to Srishti. The Complete arrangement was managed by Tohmatsu Deloitte Japan.

NASSCOM COE-IOT ICONIC START-UP 2016

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Srishti ESDM has been selected as one of the top 15 NASSCOM CoE-IoT Iconic Start-Ups. This will enable taking our ideas to create a world driven by technology to help India attain leadership position in IoT space in the global market.

THE SODEC SHOW AT JAPAN IT WEEK 2016

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Srishti ESDM particpated in prestigious and exclusive SODEC show at JAPAN IT Week during May 11-13 in a dedicated Stall No: E45-4

THE CITI MOBILE CHALLENGE

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Srishti was a finalist in the 2015 CITI Mobile Challenge as one of the top 20 contestants from India. We were selected to their India demo day on November 3rd at Bangalore. We demonstrated our flagship product AAPNA-SEVA to an entire room of revered individuals from both the public and private sector. A lot of interest and goodwill was generated regarding our product from this event.

THE INDIAN SCIENCE CONGRESS MYSORE, Karnataka

 

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Srishti was involved in the 103rd Indian Science Congress, held at Mysore, Karnataka. The event happened from January 3rd, 2016 to January 7th, 2016. Honorable Prime Minister Shri Narendra Modi inaugrated the prestigious event on the first day. Srishti had a stall in the exhibition and demonstrated the product to hoards of people.

THE INTEL T10 RASHTRAPATI BHAVAN

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Srishti’s flagship product AAPNA-SEVA was one of the top 10 finalists of the Intel Innovate for Digital India Challenge. We surpassed the top 20 phase, which involved a 3-month accelerator program in Pune, to reach the top 10. We were felicitated in New Delhi on the 19th of November by Minister of Communications and IT, Shri Ravi Shankar Prasad. Additionally, we were summoned to Rashtrapati Bhavan to share our idea with Honorable President Shri Pranab Mukherjee.

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