About the Company

Khosla Labs is the fastest and most cost effective way to enable Digital India services. We are a Khosla Ventures backed company that offers Digital India services (Govt. and Regulated systems) for the private sector.

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Khosla Labs Pvt. Ltd.
#18/2A, GRS Towers, Second Floor
Above Cafe Coffee Day
Sarjapur Road
Bangalore 560103

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RBI's latest amendment of master directive on KYC, allowed regulated entities including banks to use offline Aadhaar for identifying and verifying their customers as required by PMLA act. This meant all private sector companies that had lost, an easy to use method of KYCing with eKYC, can now use Offline Aadhaar which is very similar to ekYC to KYC their customers. In this article we try to figure out what Offline KYC is and how it could be much better than eKYC. To begin with let us fist understand, what eKYC and

Aadhaar, apart from being India's unique identity program was also responsible for changing the way how people looked at digital identity. The supreme court verdict on Aadhaar limited access of Aadhaar data by private companies and lead 2 drastic changes in the market, BFSI and other industries which relied on eKYC to verify and identify their customers, lost access to an inexpensive and fast KYC process Lead to the emergence of identity service providers who digitised the paper & plastic OVD's to streamline the use of ID cards for KYC Companies

Know your customer, alternatively known as know your client or simply KYC, is the process of a business verifying the identity of its clients and assessing their suitability, along with the potential risks of illegal intentions towards the business relationship.  - Wikipedia The government of India enacted Prevention of Money Laundering Act, in 2003 with an objective of preventing and control money laundering by antisocial elements. Under this act RBI mandated all financial institutions under it to make sure that they knew who they were providing the services to, this process is called KYC (know

2018 was eventful! A quick Google or DuckDuckGo search would reveals more than 20 times in 2018, when a million users or more of a website, or a service or an app got their private information stolen. And that are the ones that we know of.  In a world where everything is connected to everything else and where social media companies, search giants and governments are more than ever, keen to gather as much data about you, as possible, Privacy has become more important than ever. The best way to protect your

Irrespective who you are, if you own an email id, have Facebook, Instagram or Google Plus account; you have an online profile, a web based personality. And if you are online chances are companies and organisations, government or otherwise have tracked your behaviour and have kept extensive records. Online, your persona is built by combining two interrelated sources of information Your online behaviour tracked by a machine And the personal data that you choose to share The data that machine tracks includes your purchase history, content that you read, data usage times, internet access times,

One of the best things about Aadhaar API was its ability to allow organisations like Banks and other financial institutions to instantly verify the identity of the customer, as required by RBI regulations. This meant new accounts and loan disbursements could be done almost instantly and with minimum to no human intervention. With the Supreme court’s verdict private institutions were barred from using Aadhaar APIs in September of 2018. Though with it’s latest ordinance Government of India now has allowed Banks and Telecom companies to use the API’s for user verification.

KYC or Know your customer, simply put is the process of identifying a customer with a goal of detecting and avoiding fraud in financial transactions, as such it is legally binding to financial institutions including banks and NBFC’s.   Read more on What is KYC? Why is it important?   eKYC is when KYC is done electronically. With respect to Aadhaar, eKYC is defined as A paperless Know Your Customer (KYC) procedure, wherein the identity and address of the user are verified electronically through Aadhaar authentication. UIDAI built eKYC with a goal of simplifying customer acquisition

“They who can give up essential liberty to obtain a little temporary safety deserve neither liberty nor safety.” ― Benjamin Franklin, Memoirs of the life & writings of Benjamin Franklin What Benjamin Franklin meant by those words is debatable, though the fact remains that for much of history, humanity has traded off privacy for its need for survival, luxury or safety. Privacy was first pioneered by saints and yogis of the past. They devised the way of isolation, where they secluded themselves from the world to achieve inner peace and ultimately, nirvana. Privacy was

Aadhaar has been in use for quite some time, especially the debate around how it may allow government to monitor its citizens. Having said that Aadhaar Card was not the only identity card that tried to consolidate all the citizens of this country into a single exhaustible database. In the infographic , The Indian history of Identity, we try to highlight some of the major milestones w.r.t identity in India.