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COMPETITOR
ANALYSIS
WET SIGNATURE MODULE
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Market Size & Growth

Indian digital signature solution market was
valued at approximately USD 1.2 billion in 2024
& is projected to reach USD 5.5 billion by 2030,
exhibiting a CAGR of 28.70%.

ANALYZING Sectors Driving Demand

BFSI Government Healthcare
Legal Real Estate Education
OUR COMPETITORS Top Competitors
& MARKET LANDSCAPE
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Integration
Offers APIs & SDKs supporting wet signature workflows,
including Video KYC & compliance modules.
COMPETITOR SUMMARY
USP
Major Clients AI-driven wet signature verification with blockchain-
backed record-keeping for fraud prevention.

Strengths
Comprehensive compliance features catering to
BFSI & regulated industries.
Target Segments Multi-language support aids broader accessibility in India.
End-to-end digital transformation with advanced signature
Banking Insurance Lending validation.
Market Positioning Weaknesses
Recognized as a pioneer in Video KYC with Higher pricing compared to cost-efficient alternatives.
competitive wet signature validation capabilities. (₹0.25-₹0.40)
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Integration
Provides REST APIs for Aadhaar-based eSign & eKYC workflows
with fast integration (~1 week) & ready-to-deploy modules.
COMPETITOR SUMMARY
USP
Major Clients Aadhaar-based eSign enabling paperless onboarding,
compliant with the IT Act, 2000.

Strengths
Affordable pricing (₹0.06-₹0.12).
Quick integration requiring minimal technical effort.
Target Segments Strong reputation in BFSI.
Securities Mutual Funds Lending
Weaknesses
Market Positioning Lacks advanced fraud detection features(like behavioral
Cost-effective eSign provider catering to BFSI fraud analytics or multi-layered document validation)
with a focus on simplified, compliance-driven
solutions.
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Integration
Offers APIs & SDKs for eSign, KYC & fraud detection,
seamlessly integrating with legacy systems.
COMPETITOR SUMMARY
USP
Major Clients Comprehensive fraud detection tools & customizable
verification workflows tailored to business needs.

Strengths
Wide-ranging services beyond eSign (KYB, fraud analytics).
Strong reliability in fraud detection across BFSI, gaming
Target Segments & logistics industries.
Fintech Gaming E-commerce Versatility across multiple industries.
Market Positioning Weaknesses
Known for robust fraud detection & compliance- High cost for smaller businesses due to bundled services.
focused onboarding (Typically above ₹0.15)
Limited regional language support.
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Integration
Offers APIs for wet signature validation integrated into
existing fraud detection & data aggregation workflows.
Provides seamless adoption for banking & lending platforms.
COMPETITOR SUMMARY
USP
Major Clients AI-powered document verification integrated with advanced
financial analytics, enabling wet signature validation & fraud
prevention in real-time.
Strengths
Robust fraud detection for wet signatures due to
Target Segments expertise in risk assessment.
Banking Insurance Lending Simplified integration with BFSI workflows for seamless
compliance & Scalable infrastructure supports large-scale
Market Positioning BFSI operations.
Leading provider in BFSI for financial data aggregation, Weaknesses
fraud prevention, & compliance management, with Lacks advanced wet signature features.
emerging wet signature capabilities. (multilingual support or white-background validation)
Limited presence outside BFSI.
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Integration
No-Code Workflow Builder: Empowers businesses to
adjust workflows without coding expertise.
WET SIGNATURE MODULE Cross-Platform Integration: Seamless deployment using
SDKs & APIs for web and mobile platforms.
Strengths Scalability: Handles low and high bandwidth environments
AI models achieving >99% accuracy in signature detection. with over 5,000+ device & OS combinations supported.
Certified for advanced fraud detection (ISO compliance) &
global recognition for biometric accuracy.
USP
Supports diverse bandwidths, ensuring smooth operations AI-Powered Signature Validation: Ensures compliance by
in rural & urban regions. detecting white backgrounds & multiple signatures.
Empowering businesses to independently optimize Matches uploaded signatures with verified IDs (e.g., PAN,
processes with no-code solutions Passport) to reduce fraud.
Fraud Prevention: Advanced AI detects invalid symbols (e.g.,
Weaknesses dots, dashes) & prevents fraudulent activities.
Limited support for regional languages compared to Analytics Dashboard: Provides funnel & drop-off analytics to
competitors like Signzy. optimize user conversion rates.
Upfront costs can be prohibitive for startups & small-scale
businesses. (₹0.40-₹0.60)
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How is HV better than Competitors

WET SIGNATURE MODULE
Major Clients
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WET SIGNATURE MODULE

AREAS OF IMPROVEMENT HV’s Competitive Edge

Multilingual Support (to penetrate rural markets & increase accessibility) Accuracy (99%)
Pricing Models for SMEs (Offer tailored pricing structures to appeal to Fraud Prevention Excellence (ISO-certified)
small businesses & startups, increasing adoption in cost-sensitive markets) Scalability (Global).
Rural UX Optimization (Simplify interfaces for low-tech users in semi-
urban & rural areas to enhance engagemen)
Industry Diversification (Expand focus to include legal, healthcare, & real
estate sectors requiring wet signature validations.)

THANK YOU :)