The document provides information about a startup called theDOCWAY that offers identity verification services. It verifies government issued IDs from over 150 countries and separates real from fake IDs. It uses machine learning and expert review to verify identities with a live selfie check. The services are offered through a mobile and web-based platform and integrate with various platforms through APIs. The document discusses the business model, market size, competitors and founding team.
1. Email- info@thedocway.com
Web. – www.thedocway.com
Address - Udaipur (RAJ.)
BUSINESS PLAN / PITCH DECK
Start-up Name - theDOCWAY
Industries - Digital Identity
2. • Helping the world to build trust through ID VERIFICATION
• Simplify the process of verificationin fast growing digital word
OUR MISSIONS
WHAT WE DO
WE deals in ID authentication and ID scanning to help its clients to maximize their customer base by enhancing their
user experience. Digital payments, Banking, sharing economies and many other online businesses has a great
concern of verifying the IDs of their Customers. To solve this problem, we present our product as a service that can
scan and verify government approved IDs from 150+ countries and separate them from the fake ones. theDOCWAY
scans and verifies IDs quickly thereby saving time and preventing fraudulent activities. This feature is very useful for
Banks, financial institutions, sharing economy and E-wallets for fulfilling the KYC norms.
3. Services we Offer
We verify Government
issued ID cards across
150+ different countries
We verify the person is who
they say they are with a live
selfie check
We also verify all types of
documents like BANK
STATEMENTS, UTILITY
BILLS
4. HOW ITS WORK
Capture Verification & Extraction Verified
Capture frontand back
Image of document
ID is going through Machine learning
technology and reviewed by experts to
get high accuracy result
Customer with a genuine
ID card is processto a
secure transaction and fake
once separate from them
Note- Identity verification need a live selfie image of document owner with uploaded document.
5.
6. KEY BENEFITS
•Automatic data extraction from ID cards and other documents
• Detect security features and security checks in Government issued ID Cards
• Over 150+ global countries ID documents supported
• KYC with face recognition technology
•Anti-fraud technology
• Admin portal available
• 24*7 service available
Anti-Fraud Technology
Meet KYC & AML
Fast & Easy registration
Available for most Platforms
Meet your KYC & AML requirement
with high level of accrete data in
less of time
Machine learning technology and
experts work together and
separate fake and fraud IDs
Automatically data extraction
provide great user experience and
fast converted customers
Seamlessly integrate into most
available platforms Android, IOS,
API.
7. Availablefor all
platforms
Most of countries
documents
supported
24*7 available
services
Anti-fraud
technology
Android IOS DesktopMachine learning
technology
24*7
Monitoring
Different Document
type support from
150+ countries
8. Business Model
We have a B2B business modal. We will charge as per verification. And we will charge 40 rupees for ID verification, 70
rupees for Identity Verificationand 20 rupees for a document verification.
Market Size
We have a unique idea. It will not only a national level business it will be a global business. In this fast growing digital
world India have a huge number of online business on web. Many business need to verify their user's Identity and they
spent too money to collect Id card of their customer. They spent up to 100 or more rupees on a customer to verify them
with an ID card. We have a great opportunity because numbers of user on this platform is very high. So if we get only
30000 user form them for verification in one month then revenue will be up to 1200000r. And it is the lowest rate of user
we calculate in this scenario.
9. In this fast growing world every business have strong competitor in their industries. Digital ID verification business is a global
level business and we have competitor from global markets. But a big advantage of our product or services is that our pricing is
Half from our competitor. As per our research in India we can’t find competitors who work like our company. Indian government
has a great document “Addhar Card” who provide E-KYC solution but their only government department allows to use this. So in
India we don’t have any competitor who work in this business.
We find several competitorfrom global Digital Identity business
NAME WEBSITE ID verification Identity verification Doc. Verification
ONFIDO https://onfido.com YES YES
MITEK https://www.miteksystems.com YES YES YES
JUMIO https://www.jumio.com YES YES YES
HOOYU https://www.hooyu.com YES YES
COMPETITION
10. About Team
We are a young and a dynamic team working towards creating hassle-free, technology-driven,
affordable hospitality.
Kanhaiya Mali(23) TribhuvanVyasJaswant Janwa(21)
Development
CO-founder Project Lead
Neeraj Meena(21) MamtaJanwa(27)
CEO & founder
Sales & marketing