AI Start-up ThirdWatch Raises Angel Funding from Indian Angel Network and IAN Fund

Gurugram based, AI driven e-commerce fraud prevention start-up ThirdWatch has raised an undisclosed angel funding, led by lead investor Mr. Rahul Agarwalla from the Indian Angel Network. This also marks Indian Angel Network's first investment from the Rs. The round also has had participation from Mr. Keshav Sanghi, former MD of Goldman Sachs India & founder of VentureWorks India along with Batlivala & Karani Securities. Launched in April 2016 by ex HT Mobile Solutions (a HT media company) CTO, Adarsh Jain and Tech Lead, Shashank Agarwal, ThirdWatch is arguably India's first AI for real time fraud detection and prevention. Its flagship product Mitra, evaluates and flags every transaction in real-time as fraudulent or genuine on the basis of a Trust Score.