Password-Less Authentication Startup ‘SAWO Labs’ Raises Rs 5.5 Crore In Seed Funding
SaaS-powered one-tap authentication startup SAWO Labs has raised Rs 5.5 crore closing its seed funding round led by StartupXseed.
As per the startup, it plans to use the funding to strengthen its business by expanding its tech infrastructure and outreach – saving millions of man-hours of the end-users.
SAWO (Secure Authentication Without OTP) also plans to utilise the funds in further strengthening its product portfolio and developing next-gen OTP-less and password-less tools based out of India.
Founded by Prabhat Sahu early this year, SAWO Labs is a B2B2C service-based company whose API Integration enables one-tap authentication on your app (Android, iOS) and web to provide passwordless and OTP-less authentication experience.
Talking about the funding round, Prabhat Sahu, Founder and CEO at SAWO Labs, said,
“At SAWO, we are singularly focused on revolutionising the global authentication landscape. We aim to make ultramodern security protocols an integral part of contemporary digital experiences, saving millions of man-hours of the end-users. The confidence that StartupXseed and 100x.VC have displayed in our approach is a testament to the fact that we are on the right path. SAWO is grateful to everyone whose efforts have led to a successful closure of our seed funding round. I would also like to extend a special thanks to our strategic advisory firm Vasan&Sampath for its remarkable contributions throughout.”
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