Supporting India’s Biggest Sports Game to provide a hassle-free user experience
IDfy, a Mumbai-based world’s top 100 company in regulation technologies, today announced that they are authenticating all KYC requests of Dream11’s userbase as they initiate withdrawals during the Vivo IPL 2019.
IDfy is helping Dream11 to ensure that only genuine users are transacting on their platform. Every time a winner on Dream11 initiates a KYC request, IDfy’s ‘Tampering Detection’ product tests their ID card image for forgery instantly and ensures that the ID card is that of the user. The entire process takes only a few seconds.
“Gaming as an industry is massive and should be acknowledged as part of the formal economy. Dream11 is setting benchmarks for gaming in India. IDfy is happy to work with Dream11 to build an environment of responsible and ethical gaming in the country,” said Wriju Ray, Co-Founder and Chief Business Officer at IDfy.
Bhavit Sheth, Co-Founder and COO of Dream11, said, “IPL is a very active period for us as we acquire a large number of new users. Partnering with IDfy has helped us provide uninterrupted and hassle-free user experience, especially at the KYC stage.”
Dream11 is India’s Biggest Sports Gaming platform with 6 Crore+ users playing Fantasy Cricket, Football, Kabaddi, Basketball & Hockey. In April 2019, Dream11 became the first Indian gaming company to enter the ‘Unicorn Club’.
To schedule a demo of IDfy's solutions for Gaming companies, write to firstname.lastname@example.org
Baldor Technologies Private Limited (IDfy) is a Mumbai-based Regulatory Technologies company with solutions in fraud detection and digital KYC.
IDfy’s fraud detection platforms are built on the latest in machine-learning based anomaly detection, machine vision, and identity authentication techniques. These systems catch new and emerging fraud as well as fraud that previously went undetected, keeping clients, their customers and employees safe and secure.
IDfy provides risk and fraud solutions while processing 1.5 Million profiles every month for more than 200 companies across India, Indonesia, Philippines, and the USA.
IDfy is a Global REGTECH100 company - among the world’s top 100 innovative companies in Regulatory Technologies.
IDfy has been funded by MegaDelta, Blume Ventures, BEENEXT, and DI.
Dream11 is India’s Biggest Sports Gaming platform with 6 Crore+ users playing Fantasy Cricket, Football, Kabaddi, Basketball & Hockey. It is a Game of Skill that offers Indian sports fans a platform to showcase their sports knowledge. Fans can create their own team made up of real-life players from upcoming matches, score points based on their on-field performance and compete with other fans. Dream11 helps sports fans increase their engagement and connect deeper with the sport they love by being a team owner, not just a spectator. Dream11 is the Official Fantasy Game partner of the VIVO Indian Premier League (VIVO IPL), International Council of Cricket (ICC), VIVO Pro Kabaddi League (PKL), Hero Indian Super League (ISL), National Basketball Association (NBA), Hero Caribbean Premier League (CPL), International Hockey Federation (FIH) and Big Bash League (BBL). In April 2019, Dream11 became the first Indian gaming company to enter the ‘Unicorn Club’. A Series D funded company, Dream11 was founded in 2008 by Harsh Jain and Bhavit Sheth and has been ranked #9 among India's Great Mid-Size Workplaces in 2018. Dream11 was recognized as one of the top 10 innovative companies in India by Fast Company in 2019. Kalaari Capital, Think Investments, Multiples Equity, Tencent and Steadview Capital are the marquee investors in Dream11.
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