Cybersecurity Ventures has released a report estimating that losses from online fraud and cybercrime will attain $10 trillion every year using 2025, with the crimes expanding speedily in the course of the sector. Fraud is becoming a larger hazard as virtual transactions develop rapidly, mainly in the wake of the COVID-19 pandemic. Protection from fraud therefore turns into crucial. AI Kavach enters the photo at this point. To help people and companies prevent fraud, Pratyusha Vemuri and Girish Nagavarapu-based AI Kavach in 2021. Continue not to miss anything. So, read the whole article carefully.
Pratyusha Vemuri Venkata’s Vision For AI Kavach
The founder and main architect of AI Kavach is Pratyusha Vemuri. She has significant enjoyment in dealing with and growing new merchandise, having earned a BTech and an MS in Electronic and Telecommunication Engineering. Before pursuing her MS in Electronic and Telecommunication Engineering at the University of Toledo, Ohio, USA, Vemuri completed her BTech at JNTU Hyderabad in 2004. After earning her MS, she began operating in technical positions at corporations like Harbinger Systems and Persistent Systems. As a Senior Program Manager, Vemuri labored for Microsoft India in 2010 overseeing a few enterprise products, together with Microsoft Exchange. Let’s be the reading to get more information.
Pratyusha Vemuri rose via the ranks quickly, turning into the Microsoft Cloud + AI institution’s Head of Product Identity, Security, and Privacy. She oversaw significant security, privacy, and compliance tasks at some stage in her time at Microsoft. Vemuri became driven to go away from Microsoft after 14 years there and expand a product that would resolve a full-size need for clients. Having worked closely on safety and fraud troubles, she decided to apply her expertise to create an AI-based totally fraud safety device. As a result, in 2021, she and Girish Nagavarapu-based AI Kavach. Continue reading if you don’t want to miss anything important.
With a clever AI assistant, AI Kavach seeks to guard people in opposition to fraud. The digital assistant protects customers from fraud by warning them of possible threats and assaults before any damage is carried out. It features as a type of personal bodyguard. The following are some of the main functions provided by using AI Kavach. Personalized fraud indicators are sent via electronic mail or telephone. Alerts about potential risks along with phishing tries, monetary fraud, and identification theft. AI Kavach uses ultra-modern AI and gadgets gaining knowledge of technologies to identify patterns and anomalies that point to fraud. Go below this article.
A person’s online footprint, inclusive of social media, credit playing cards, and banking, is leveraged with the aid of the digital assistant. To discover possible fraud. To accurately alert users in real-time, state-of-the-art algorithms examine these statistics. To combat new fraud patterns, AI fashions are up-to-date and more advantageous often. To improve protection, user entry is taken into consideration. Aman Gupta and Peyush Bansal helped AI Kavach increase INR 1 crore after the show’s second season’s highest quality. The Sharks gave the founders excessive marks for their future roadmap, traction, and domain know-how. In exchange for instant monitoring of the corporation’s boom, Gupta and Bansal provided mentoring help. Keep reading this article.
The cash could be utilized by Vemuri to develop the engineering team of workers. She also intends to attention to Tier 2 and Tier three cities after stepping up patron acquisition at some stage in metro areas. Plans encompass integrations with e-commerce structures, monetary institutions, and banks. AI Kavach’s fraud prevention solution gives customers an awful lot-wanted protection as online fraud grows in frequency. AI Kavach’s specific answer offers a promising approach to preventing fraud because cybercrime damages are anticipated to double with the aid of 2025. Swipe down to know more details.
On season 3 of Shark Tank India, Pratyusha Vemuri, one of the founders of AI Kavach, gave an overview of her startup and its capability advantages for Indian clients and organizations. AI Kavach’s founder, who changed into assured inside the product they’d evolved, made a Shark Tank pitch. The inventor claims that AI Kavach is a patented, award-prevailing, AI-powered answer that recognizes phony calls, messages, apps, and other content and sends out indicators immediately. Before she made her Shark Tank pitch, the startup had simply been up for 2 months, with about 20,000 downloads and 1500 paying participants. Read the article till the end.
Serving as a person’s guard against cybercriminals, Ai Kavach is an AI-based totally protection solution company. Since most paintings are done online in India due to the country’s speedy digitalization, fraudsters have a variety of possibilities. Consequently, Ai Kavach from Shark Tank India Season 3 devised a manner to guard human beings from those net scammers. As your first line of protection against cyber fraud, the creators of Ai Kavach are organized to introduce it. Stay connected to our esteemed news website for more news updates.