Got it. Let me summarize my initial thoughts:1. Scale of problem seems immense2. Value prop of ML v/s rules engine is solid..(contd.)— Ritesh Banglani (@banglani) March 19, 2017
3. Idea of a "credit bureau" to track fraudster across multiple ecoms can build a moat#Babapitch— Ritesh Banglani (@banglani) March 19, 2017
4. Monetization should be straightforward if you can demonstrate you save money compared to current systems#Babapitch— Ritesh Banglani (@banglani) March 19, 2017
Key questions IMO:1. How will you compete with global ML-based systems? What is uniquely Indian here? Can you go global yourself #Babapitch— Ritesh Banglani (@banglani) March 19, 2017
2. Will this be mainly an SMB solution? Can significantly reduce market opportunity if true#Babapitch— Ritesh Banglani (@banglani) March 19, 2017
3. Is the credit bureau approach even possible? Will you be able to unniquely identify the fraudster with precision? #Babapitch— Ritesh Banglani (@banglani) March 19, 2017
4. Is it possible to extend this beyond ecommerce to other online transactions, or even offline ones?#Babapitch— Ritesh Banglani (@banglani) March 19, 2017
All in all, a very interesting business, and seems like a real business, not vaporware. We would love to chat further. #Babapitch— Ritesh Banglani (@banglani) March 19, 2017
@banglani We consider whole user journey while ordering, we are very strong on mobile, cracked uninstall tracking in last product #Babapitch— ThirdWatch (@thirdwatchai) March 19, 2017
@banglani our ML systems are as good if not better compared to our global competitors, they rely more on credit card 1/2 #Babapitch— ThirdWatch (@thirdwatchai) March 19, 2017
@banglani 2/2 Currently we are focusing on Online transactions piece, We have to explore offline piece #BabaPitch— ThirdWatch (@thirdwatchai) March 19, 2017
@banglani definitely extendible to other online transactions, we need to explore on use in offline ones #Babapitch— ThirdWatch (@thirdwatchai) March 19, 2017
@banglani Yes we have already in integration with a Turkey based payment gateway. It's applicable on all online transactions 1/2 #BabaPitch— ThirdWatch (@thirdwatchai) March 19, 2017