From our politicians’ falsified university certificate jibe to the more pressing issue of the so called ‘Jhola Chap Doctors’ (Quacks), we struggle with wrong people everywhere. Our life’s most important event (marriage) is also not spared of such frauds. No price for guessing that impact such phony people could be life threatening. Hence background verification has moved beyond just employee screening to serve every possible way to find that fraud out who can impact your life/business negatively.

Though alone the employee screening services market is expected to grow at $5.46 billion by 2025, the scope for the industry is huge when we consider screening people for dispersing loan, marriage, business partnership, property purchase, passport verification and others. Though the industry majorly constitutes of employee screening, the rest will soon catch up and contribute a major chunk to the growth numbers. While the industry majorly revolves around the urban metros, tier I and II cities, its convergence with the deeper, rural sections of the country will be an important event. In such times, the industry needs to embrace technology as much as it can to offer real-time tracking services to its clients even from the non-internet connected areas. From geo-tagging to live location sharing, the industry is yet to see more technology innovation and adoption in the coming days.

Understanding the need, siliconindia brings to you ‘20 Most Promising Background Verification Companies – 2019’. Also read out ‘Verifitech India: A Technology-Driven Verifier Offering Real-Time Status Tracking’ in our cover story. The tech-savvy company under the helm of K Raju (Co-Founder, Director & CEO) is changing the way background verification service is served and perceived.
Do let us know what you think!