What is Myeasydocs?
Myeasydocs.com, developed by Tharakan Web Innovations Private Limited (TWI), is a Global Electronic Document Authentication and Verification System designed to streamline the issuance, submission, and verification processes for documents. The platform aims to replace outdated manual verification methods, which are time-consuming and costly for citizens. By establishing myeasydocs.com as a universal standard, stakeholders can re-engineer their processes for greater efficiency, cost-effectiveness, and proactive management. The company's vision extends to creating a fraud-free global ecosystem for document verification by integrating various issuing agencies onto a common platform, with an initial focus on India before expanding internationally. Key objectives include ensuring the security, performance, privacy, and integrity of stored documents, positioning Myeasydocs.com as the world's largest adaptable document fraud prevention company.
How much funding has Myeasydocs raised?
Myeasydocs has raised a total of $1M across 1 funding round:
Private Equity
$1M
Private Equity (2014): $1M, investors not publicly disclosed
What's next for Myeasydocs?
The recent major strategic investment signals Myeasydocs' readiness to scale its operations and further develop its technology. This capital will likely be directed towards expanding its market reach, enhancing its platform's capabilities to combat document fraud globally, and solidifying its position as a universal standard for electronic document verification. The company's focus on building an eco-system of document-issuing agencies suggests a strategy centered on network effects and broad adoption, aiming to minimize capital outflows for stakeholders while maximizing fraud prevention.
See full Myeasydocs company page
