FortyTwo42 Technology Innovations
Category: Cybersecurity
LEAGUE OF 10
FortyTwo42
  • Nilesh
    Nilesh
    Dhande

    CO-FOUNDER
    & CEO

  • Sanjay Deshpande
    Sanjay
    Deshpande

    CO-FOUNDER
    & CHIEF SCIENTIST

  • Arun Gupta
    Arun
    Gupta

    CO-FOUNDER
    & DIRECTOR

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Fortytwo Labs creates a quantum-safe digital trust ecosystem by using its patented digital Identity technology I-AM (अहम्)

  • Problem Statement

    Fortytwo Labs addresses the problem of Digital Identity Crisis for this interconnected digital world. Human digital identities work in siloes and there is no system for non-human's digital identities, leading to ever increasing cyber-attacks. With quantum computers there is greater threat to the integrity and confidentiality of identity and data.

    Product Innovation

    To deliver quantum-safe digital trust ecosystem, Fortytwo Labs I-AM establishes a cryptographic digital identity fabric for everyone and everything. I-AM digital identity is a continuously evolving chain of attributes, identifiers and events over time dimension. Platform delivers enterprise-wide Cryptographic Services viz. quantum-safe Mutual Authentication, MFA, Zero Trust Access, consent/ e-signature.

    Product: I-AM

    Website: https://www.fortytwolabs.com/

    Year of Incorporation: 2016

  • Unique Proposition and Impact

    Fortytwo Labs' I-AM platform is a pioneering solution in secure communication. Adopted by Indian defence units, an Israeli government unit, and over 50 million ICICI Bank users, it offers centralized identity and multi-factor authentication. Its unique proposition lies in being India's sole Post-Quantum Cryptography compliant platform, ensuring tamper-proof digital operations with patented cryptographic identity technology.

    Way Forward

    In the coming 5 years Fortytwo Labs plans to touch over 5 billion digital identities across enterprises, banks and defence/ govt entities. I-AM envisions to be the default PQC compliance model from India. The company revenues are poised to grow from $1Mn to $20Mn ARR.

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