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VCOMPLY INC AWARDED TOP 50 STATUS IN STARTUP GRIND’S 2017 GLOBAL STARTUP PROGRAM
The Silicon Valley Startup Exhibition will accelerate VComply’s growth and exposure to investors
VComplyInc, the leaders in compliance, governance and risk management software in the cloud, are today delighted to announce that they have been selected as one of 50 companies to be inducted in Startup Grind’s 2017 Class of Startup Exhibitioners. As the only Indian company within the top 50, the Exhibition will accelerate VComply’s growth and increase the business’s visibility to investors worldwide.
VComplyInc and its dynamic 24-year old entrepreneurial leader, Harshvardhan Kariwala, have been recognized for the success and future potential of V-Comply’s market-leading compliance management technology. This success has been synonymous with the rise of the highly lucrative RegTech industry. Recent reports have suggested that major banks including HSBC, Deutsche Bank and JPMorgan annually spend well over $1bn on regulatory compliance management, with an average of 10 to 15 staff members dedicated full-time to this area within financial institutions.
With over 1500 businesses relying on VComply for their governance, risk & compliance management, Harshvardhan has developed a unique SaaS model that streamlines directors’ compliance processes through a central management dashboard via their desktop or mobile.
Boasting a global presence, encompassing California, Kolkata, Manchester and Singapore, VComply allows SMEs, large corporates and non-profit organizations to assign responsibility for hundreds of internationally recognized compliances to individuals and departments across their business, simplifying this otherwise complicated process and saving businesses significant time and money. Users of VComply are also protected from expensive penalties and enjoy human error risk-reduction when meeting compliance deadlines.
Harshvardhan Kariwala, Entrepreneur and Chief Executive, VComplyInc, said: ‘’We are delighted to have been selected as one of the top 50 startups for Startup Grind’s exhibition program. With waves of regulation hitting businesses at a lightning pace, there’s never been a better time to talk to investors and potential partners about driving VComply to the next level and getting our solution out to those who need it. Startup Exhibition gives us the perfect platform to do that, and we look forward to meeting our fellow entrepreneurs at the event.’’
Startup Exhibition companies are given access to a global audience through media and personal onsite reach at the annual Global Event (www.startupgrind.com/conference) held February 21st through February 22nd in beautiful historic downtown Redwood City. The exhibition helps companies to accelerate their pace towards growth and success by gaining the visibility of mentors and investors in Startup Grind’s network.
Derek Andersen, founder and CEO of Startup Grind, said: “From over 6,000 startups that were considered, these 50 were selected representing the excellence in the Startup Grind community across 80 countries. These startups have great teams, traction, technology and massive markets,” says Andersen. “Our biggest goal is for each startup to go back home with a new and improved game plan that would not have happened without the exposure to the exhibition, the mentors, and the resources that are gained through our network.”
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