June 18, 2024

CertifyMe raises new fundings through Callapina Capital and Others

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CertifyMe, a top-three Digital credential management platform globally, announced raising an undisclosed amount in a seed funding round that was led by Callapina Capital, an investment firm founded by Anas Rahman Junaid, Founder & MD of Hurun India, and Vinod Jose, partner of Konglo Ventures, along with other individual investors.

Commenting on the growth plans and fundraising, Ranjith Tharayil, Founder & CEO, CertifyMe, said, “We started small during the pandemic and have grown to process more than 1,00,000 credentials and 5 million social media impressions in this short span. Today, the platform is used across the globe by 700+ enterprises in over 70 countries.”

Ranjith also added: “With a growing need for digital credentials and the market estimated to be close at USD 45 Billion by end of 2027, we are excited about the growth opportunity and the potential to consolidate our market leadership position. We thank our investors for sharing our vision and look forward to working with them in an expansion of our product and solution offering as well as further market penetration.”

Anas Rahman Junaid, Founder, Hurun India said, “The team at CertifyMe has developed a secure and cutting edge credential issuance management platform aimed at every node of the value chain, across industries, in use cases ranging from authentication to felicitation. Within a year since incorporation, CertifyMe has already onboarded 650+ enterprise customers. I am very stoked about backing CertifyMe and Ranjith’s vision, and plausibly witness the creation of a world-class company, Made in India.”

Vinod Jose, founding partner of Konglo Ventures added, “A digital credential is an idea whose time has arrived. Be it your graduation certificate, training accreditation, or a letter of appreciation, gone are the days that you needed to carry an assortment of physical pieces of paper that showcase your achievements.”

Vinod also added: “CertifyMe provides a seamless experience for both issuers and receivers to manage and share credentials in the modern world. Ranjith’s deep understanding of this space has helped Certifyme gain early global recognition such as being ranked among the Top 4 players in the G2 quadrant for digital credentials. We are excited as Certifyme has the potential to become a truly world-class product coming out of India.”

According to the firm’s claims, it is a comprehensive platform and solution for the creation, issuance, and management of digital credentials. It ensures seamless verification, increases brand visibility, and assists the awardee in publishing credentials across 50+ social media sites.

The firm further stated that it is powered by user-friendly technology that is easy and secure to use besides being cost-effective, it provides a custom domain to each customer and can be hosted on the website.

Press Release received on Mail

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