FixNix News
We are excited to share one more win for theFixNix team. Wallarm has been selected as a “2018 TiE50 Finalist” for the prestigious TiE50 Awards Program recognizing the world’s most innovative tech startups. Know More
Shanmugavel Sankaran, Founder FixNix Inc., a disruptor of award winning most innovative regTech company of the world, has been accepted into the Forbes Technology Council, an invitation-only community for world-class CIOs, CTOs and technology executives. Know More
WITH new trends like the Internet of Things, big data and mobility, today’s security startups have it tougher than they did a few years ago, and may require the guiding hand of industry veterans, ventured a Singapore Government executive. Know More
Emerging ‘RegTech’ technologies, which address the challenges and opportunities of dealing with regulatory issues, are offering financial services institutions growing possibilities to reduce costs and improve the quality of its regulatory response process. Know More
Oracle CX Solutions – Customer Journey eBook Know More
Inspired by Zoho University and its founder Sridhar Vembu’s effort in mobilising talent from polytechnics, Chennai-based FixNix, a Saas startup, has launched FixNix University.Know More
City-based FixNix is the only Indian company to feature in RegTech 100, a list of world’s most innovative companies that every financial institution needs to know about in 2018. Know More
This 6th annual Summit looks at disruptive effects & implementation of emerging & mobile payments, digital financial services, blockchain & cryptocurrencies in developing & developed worlds. Know More
Installing random fixes will save companies from this tide alone. Corporates need to think long term and implement simple process systems while aligning it with certification standards of their industry and geography,” said Shanmugavel Sankaran, founder, FixNix, a startup in the area of GRC (governance, risk and compliance). Know More
Google Developers Group Chennai is taking a step to connect developers with interesting startups. It helps you find potential jobs in a domain that fits you best. Know More
Alphabet Inc’s Google is expected to reach a tax settlement with the Indonesian government in the next few weeks, people familiar with the matter told Reuters. Know More
Financial services firms are increasingly turning to digital technology to meet onerous regulatory demands aimed at fighting financial fraud, creating a niche tech market that is estimated to grow to around $120 billion by 2020.Know More
FinovateAsia 2016 is here! After months of planning and preparation, Finovate’s Hong Kong debut has arrived, and we could not be more excited to see what our 36 fintech innovators from around the world have in store for our largest FinovateAsia audience yet.Know More
Private equity firm KKR may invest Rs 300 crore ($44.8 million) in Jagatjit Industries while US-headquartered SaaS company FixNix Inc has received $500,000 in Pre-Series A round of funding. Know More
Rise Accelerator, which has been set up by Barclays and managed by Zone Startups, has announced its first cohort comprising 10 fintech startups. Know More
Rise Accelerator, set up by Barclays and managed by Zone Startups, has announced its first cohort comprising ten FinTech startups. The selected startups will get access to Barclays technology, insight and expertise.
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India is currently the youngest startup nation, with over 70% founders under the age of 30. All of these are major positives for the startup ecosystem in India. In an interview with Enterprise Innovation, Ajay Ramasubramaniam, Director, Zone Startups India explains why it is important that corporates continue to remain an actively engaged stakeholder, to foster and bolster the Indian startup ecosystem. Know More
Troels Oerting has a problem. As?the group chief security officer for Barclays, he has a squad of elite ex-government agents patrolling the company’s digital perimeter. He also has a hefty budget to acquire state-of-the-art technology to protect Britain’s second-biggest bank from Cyber Attacks.
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UK banking giant Barclays is all set to launch its fintech innovation hub Rise in India by June this year.
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Two-dozen lenders using accelerators to find innovation Challenges loom on adapting fintech to legacy systems.
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Barclays Bank has signed contracts with six fintech startups participating in its accelerator programme in New York.
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Technology is disrupting just about every industry — including finance — and banks need to find a way to work with the disruptors or else get disrupted. Know More
I thought I invented the term ‘coworking,’ says Pranay Gupta, one of the six co-founders of 91springboard.com with a wry smile as we settle in the cafeteria of the Okhla Industrial Estate hub. The space is buzzing with people who are grabbing lunch or playing foosball, yells and shrieks punctuating the air.
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Cutover helps banks choreograph their most intricate moves. One year after graduating from the Barclays Accelerator, powered by Techstars, founder Ky Nichol explains how Barclays has helped the fintech start-up leap onto a bigger stage.
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Rise Accelerator set up by Barclays and managed by Zone Startups India has announced its first cohort, comprising ten FinTech startups.
The 10 shortlisted startups include four startups from Bangalore (Customer XPS, Fund Expert, CrediWatch, MegDap), two each from Mumbai (RockMetric and Arrow AI) and Delhi (Capital Quant Solutions and Neuron), and one each from Chennai (FixNix) and Hyderabad (Anlytiqed).
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India is currently the youngest startup nation, with over 70% founders under the age of 30. All of these are major positives for the startup ecosystem in India. In an interview with Enterprise Innovation, Ajay Ramasubramaniam, Director, Zone Startups India explains why it is important that corporates continue to remain an actively engaged stakeholder, to foster and bolster the Indian startup ecosystem.Know More
Troels Oerting has a problem. As?the group chief security officer for Barclays, he has a squad of elite ex-government agents patrolling the company’s digital perimeter. He also has a hefty budget to acquire state-of-the-art technology to protect Britain’s second-biggest bank from cyber?attacks. Know More
UK banking giant Barclays is all set to launch its fintech innovation hub Rise in India by June this year. Know More
Two-dozen lenders using accelerators to find innovation Challenges loom on adapting fintech to legacy systems.Know More
Barclays Bank has signed contracts with six fintech startups participating in its accelerator programme in New York.Know More
Technology is disrupting just about every industry — including finance — and banks need to find a way to work with the disruptors or else get disrupted. Know More
I thought I invented the term ‘coworking,’ says Pranay Gupta, one of the six co-founders of 91springboard.com with a wry smile as we settle in the cafeteria of the Okhla Industrial Estate hub. The space is buzzing with people who are grabbing lunch or playing foosball, yells and shrieks punctuating the air.. . Know More
Cutover helps banks choreograph their most intricate moves. One year after graduating from the Barclays Accelerator, powered by Techstars,* founder Ky Nichol explains how Barclays has helped the fintech start-up leap onto a bigger stage. Know More
Rise Accelerator set up by Barclays and managed by Zone Startups India has announced its first cohort, comprising ten FinTech startups.
The 10 shortlisted startups include four startups from Bangalore (Customer XPS, Fund Expert, CrediWatch, MegDap), two each from Mumbai (RockMetric and Arrow AI) and Delhi (Capital Quant Solutions and Neuron), and one each from Chennai (FixNix) and Hyderabad (Anlytiqed). Know More
India’s first fintech-focussed accelerator programme, Rise Accelerator has announced its first cohort, including 10 fintech startups. . Know More
Rise Accelerator, a FinTech focussed accelerator programme started by Barclays announced its first cohort today,comprising 10 FinTech startups . Know More
Barclays-backed Indian fintech programme Rise Mumbai Accelerator is rolling out with its first cohort of 10 start-ups. Onboard the initiative are entrepreneurial outfits from Bangalore (four), Mumbai and Delhi (two each), one based in Chennai and one in Hyderabad. Know More
Rise Accelerator, a fintech accelerator programme started by Barclays, has announced its first cohort in India which comprises of 10 fintech startups, INC42 reported.Know More
Barclays launched Rise Mumbai, a FinTech community comprising co-working place, community, hackathons and their accelerator this year. Rise Accelerator is India’s first FinTech-focused accelerator program and is managed by Zone Startups. Know More
Rise Accelerator set up by Barclays and managed by Zone Startups, has announced its first cohort, comprising ten FinTechstartupsKnow More
Rise Mumbai Accelerator, Barclay’s fintech accelerating program, announced it has assembled its first cohort, which consists of 10 startups. The India-based program is described as a community of the thinkers and doers that are working together to create the future of financial services. Know More
We’re extremely proud to announce that B2B Pay has been accepted into the Barclays accelerator program powered by Techstars in Tel Aviv . With Barclays being one the most innovative banks in the world, and Techstars one of the most prestigious accelerators, we are very grateful for the opportunity to participate in this international program.Know More
Message from Rise- Barclays
Hello Shan,
Congratulations!
You’ve been selected for the 1st batch of The Rise Accelerator.
We received 100’s of applications from across the country and also saw startups applying from U.S., Canada, Israel, South Africa, UK and Singapore. Considering the high number and quality of companies that applied, selecting companies that would be part of our first cohort has not been an easy task for the selection committee.
The business teams at Barclays are truly impressed by your offerings and are very excited to work with you. Our program kick starts in 3rd week of October along with you and other members of the cohort. We will be sending you a detailed follow-up email with the next steps. In the meantime if you’ve queries kindly contact Puneet or Harsh.
Congratulations again for being the part of our first batch. Look forward to meeting you and your team and help you accelerate your business.
Rise Accelerator Team,
Rise Mumbai Know More
Risk Management firm FixNix targets smaller businesses for growth Know More
Finovate is a prestigious banking event and FixNix Risk Data Lake, FixNix Chatbot, FixNix Risk Analytics got selected for presentation in front of the august audience. Know More
Community hiring helps when one is looking for a specialist. I wanted to hire a UX designer and UX India gave me a pool of talent to pick from. Know More
Shanmugavel Sankaran was in a fix when his investors asked him to shift base from Vellore to Chennai. Looking for a mix between a cool office and one that is within a startup’s budget, he finally zeroed in on Karya Space, a co-working setup in the heart of the city. While coworking as a concept has been around, increasing rentals coupled with a booming startup ecosystem are pushing entrepreneurs, on tight budgets, to seek collaborative work spaces such as Karya Space, at-works and IKEVA in the city.
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“A machine learning-based chatbot remembers every customer interaction and also has all the context and relevant data with it to answer. It is often able to predict the questions the customer is going to ask,” said Senthil Nayagam, CTO of FixNix, a Chennai-based startup that is working with Swiss banking major UBS on chatbots. Know More
Inspired by Zoho University and its founder Sridhar Vembu’s effort in mobilising talent from polytechnics, Chennai-based FixNix, a Saas startup, has launched FixNix University.
FixNix University has been launched as a non-academic initiative to create talent to build security products by enabling the differently privileged cross sections of society. Know More
FixNix has taken the cover off from its mega project ‘FixNix University’’ to fetch talent from small town and villages. The move can be marked as an inspiration from Zoho University and its founder Sridhar Vembu’s effort in mobilizing talent from polytechnics. Know More
When Shanmugavel Sankaran, co-founder of Chennai-based risk management platform FixNix, knew the time had come to find an office, he picked Karya Space, a snazzy co-working hub in a by-lane of Mylapore in the heart of the city. “A place that looked cool was very important to us but we didn’t want to spend too much time doing up an office,” he says. Sankaran found that co-working space Karya Space suited his needs. “It’s got privacy yet there’s opportunity to interact with others,” he says. Know More
FixNix, a Software as a service (SaaS) GRC (Governance, Risk and Compliance) company launched FixNix University, a non-academic initiative to create talent pool to build security products by enabling the differently privileged cross sections of society. The company has recently announced their movement into a 55- seater office in Chennai post their pre-series A of $500,000.
The primary focus of the initiative is to offer security and product building focused curriculum to the students from smaller towns and villages. As a part of this, the initiative will start with five students to begin by September. It has already piloted the curriculum since January to train fresh graduates into product developers, security engineer and business analyst. Know More
Naturals Salon founders graced the launch of FixNix office. CK Kumaravel and Veena Kumaravel are one of the esteemed mentors FixNix founders got.Graced the FixNix university launch occassion with their usual grace and beauty. Know More
FixNix CTO Senthilnayagam addressing aspiring computer science engineering kids from Tirunelveli Einstein Engineering College. Know More
Manufacturing, automobile, engineering, and now startups — Chennai is undoubtedly emerging as a successful playground for multiple startups.
With Chennai-based companies like Freshdesk and Indix already creating their mark on global territories, the city is hands down the fastest emerging SaaS hub for startups.
Adding to the fame is bootstrapped unicorn Zoho, which, although born out of Silicon Valley, entrusts Chennai with its developer teams. Know More
FixNix was asked to be part of the high profile judges of startup ecosystem for the 2016 edition of SSN Lakshya ‘s 32 Hour Startup Challenge.
It ended on a successful note with a panel of contended mentors and wiser participants.FixNix has sponsored to incubate, mentor one of the fintech ideas which got selected as best of the 10. Know More
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“A machine learning based chat bot remembers every customer interaction and also has all the context and relevant data with it to answer. It is often able to predict the questions the customer is going to ask. This swiftness and quick resolution will reduce the cost of supporting large customer base in the current omnichannel approach taken by banks,” said Senthil Nayagam, CTO, FixNix, a Saas based GRC startup, that is working with Swiss banking major UBS on chatbots. Know More
FixNix was humble part of connecting Zoho and Cognizant Innovation Event NGT2016 Know More
Null, a security group met at FixNix chennai office for it’s monthly meetings Know More
Shanmugavel Sankaran, founder and CEO, FixNix, a Chennai-based compliance solution provider, says he gained a new view on building a business. “Getting mentored by Sridhar Vembu of Zoho changed my perspective on product, technology and automation.” Sankaran is now a mentor for the new batch of start-ups in Chennai. Know More
Girish Mathrubootham, Founder, Freshdesk and CK Kumaravel, Founder, Naturals Salon launched the first chennai office of FixNix. FixNix was hosted by Karyaspace for the first 3 months. Know More
FixNix inspired students from Agni institute of Technology Know More
FixNix got the Quora gyaan from it’s Friend, Balaji Viswanathan. Balaji is long term friend of the Founder and one of the famous writer in Quora world. Know More
FixNix is hiring Ruby on Rails Senior Engineers Know More
FixNix is enabling Surat City Governance by working with Nagarajan IAS, Deputy Commisioner Know More
“Except the friendly-funding ecosystem, I don’t see many challenges with respect to the Indian potential to build a multibillion dollar indigenous security industry,” says Shanmugavel Shankaran, CEO and ‘Chief Nixer’ at Indian-origin GRC startup Fixnix. “The problem is the red tape. There are a ton of agencies that are not talking to each other, and entrepreneurs are running from pillar to post.”
Fixnix was started in India by Sankaran, who has now moved the company to the Silicon Valley in the United States to consolidate its fundraising and with eyes on successfully targeting the US mid-market with its competitively priced GRC solution. After trying to secure funding and compete in the local market, Shakaran made the move to overcome limitations posed by the current security startup environment in India Know More
Welcome to the fifth edition of “Startup of the Week” and this week we feature 6 great and young startups which stole the show. This week in the list are: Know More
Founded in 2012, FixNix a Saas-Based GRC platform bagged The BizSpark Award within 6 months of inception.
If you want to know what frugality is, ask Shanmugavel Sankaran, founder of SaaS startup FixNix. In pursuit of his dream, he and his family have been through financial struggles multiple times, moving from a luxurious flat in Hyderabad to a single-room house in Vellore to, a 2bhk in Chennai. His parents mortgaged their home in Trichy to support his dream.
Sankaran started the governance, risk and compliance (GRC) offering after stints with large MNCs like Microsoft and IBM. GRC is a term defined and popularised by Michael Rasmussen, regarded by many as the ‘father of GRC’. Know More
FixNix is part of the startup walk Know More
Naturals mobile app got launched Know More
Jay graced FixNix initial team setting up chennai operations Know More
startup saturday was hosting FixNix story in April month Know More
eChai is a grass root startup community based out of Gujarat.Expanding its operations all across the country Know More
Alex Paul Menon, IAS, Jt Secy of IT, Chattisgargh State visited FixNix Know More
To promote Fintech innovation SocGen is carrying out this initiative Know More
FixNix is privileged to work with institutions like RBI & UBS on the governance solutions. NT Arunkumar, MD of UBS India visited FixNix as a token of commitment towards the long term relationship bank is looking at. Nandakumar Palani, CEO of IFTAS, a entity of RBI also visited to explore RBI hosted governance solutions for small and rural, state banks. Know More
KPMG invited all global FinTech leaders to discuss about the future of banking and commerce with top 10 FinTech innovators including FixNix Know More
FixNix is exploring about automotive governance with Mercedes Innovation Team Know More
FixNix sponsored a booth for TieCon 2016 Know More
FixNix is the global finalist in the GRC segment on the wards constituted by Cyber Security Excellence. The 2016 Cybersecurity Excellence Awards honor individuals, products and companies that demonstrate excellence, innovation and leadership in information security. Based on the content of their nomination and the popular vote by the Information Security Community (both ratings and comments), we are announcing the following winners and finalists for the 2016 Cybersecurity Excellence Awards in the category Cybersecurity Product. Know More
INR 3.3Crore from investors led by Jay Vijayan, CIO of Tesla. Most of the investors are from US, Singapore Know More
Infosys Ventures wanted to be safe and keep its investment kitty safe by placing its bets on hyper growth 100M$ companies only. Know More
FixNix is featured in this alongwith all other multi millon funded SaaS startups from India. We’re the only one bootstrapping in that list, as far as we know. Know More
several enterprise software firms, too, have been doing in the past couple of years. They put their heads down and focused on improving their technology, strategy and global reach, not entirely oblivious to funding… Know More
The history, geography of FixNix in 1 minute on the invite of DIPP Know More
FixNix Founder requested Govt to constitute Shark Tank to streamline funding Know More
Challenges in funding for early-stage startups is another area of concern. Shanmugavel Sankaran, Founder of information security startup FixNix, based in Vellore, says, “Three years ago, as a bootstrapping entrepreneur, I have knocked on all doors for funding. It took 10 months to get a Rs one-crore debt finally from Tamil Nadu government under a mortgage scheme.” He says that it will be a real game-changer if entrepreneurs can get Rs 10 to 20 lakh from banks for starting up. He accuses the investor community of a herd mentality, for chasing some sectors according to market buzz and often exhibiting indifference to startups based in Tier II and III cities. He hopes that government gives initial seed capital for youngsters starting up. Know More
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A high level delegation from Indian IT industry went to Africa to explore the market Know More
iSpirit is promoting Product Table, FixNix learning from Freshdesk’s success Know More
List of emerging SaaS companies all across globe Know More
High profile Indian Security Product Industry is evolving, How FixNix and rest companies are playing an important role in redefining the security industry of the country Know More
Content Placeholder Know More
NASSCOM invited FixNix to be part of it’s august speaker for NASSCOM Product Conclave Know More
FixNix got selected by RSA for innovation sandbox Know More
Tamil Entrepreneur Forum of FETNA Know More
NASSCOM innotrek selected 39 startups to go around valley world Know More
PM addressing NASSCOM about the need for a Task Force for security. Know More
FixNix got selected to demonstrate in front of Top 50 CIOs of the globe by iSpirt, a think tank for Product industry Know More
FixNix was part of the iSpirt SaaSx, the SaaS hub of the country. It could get first hand feedback from the author Aaaron Ross, Predictable Revenue Know More
Websummit selected Founder Shanmugavel Sankaran as People’s panel Speaker Know More
Awareness about Security in NASSCOM IT Leaders meeting in Hyderabad Know More
FixNix shared it’s tough entrepreneurship journey experience with all incubatees of T-Hub, IIIT- Hyderabad. CTO Senthilnayagam met top programmer and Professor. CV. Jawahar post talk Know More
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Positioning and messaging for Product Entrepreneurs by Shankar Muruwada Know More
FixNix got selected by IBM as part of it’s top 30 B2B startup championship Know More
FixNix is part of the startup watch list of the country in 2014 Know More
FixNix went upto the jury finals of EY Entrepreneur of the year 2014 Know More
These Bootstrappers show how to build sustainable businesses Know More
Tips to bootstrap Know More
FixNix joined the product voyager club of iSpirt, an industry think tank for Products Know More
ISACA Bangalore invited FixNix for it’s GRC enlightenment series Know More
FixNix took the help of Indian Bank for further scale up through infusion of 1 crore INR by NEEDS scheme Know More
FixNix got selected by TamilNadu Government under NEEDS (New Enterprise cum Entrepreneur Development Scheme) for Entrepreneur Development Training and Financial Support Know More
NASSCOM is the IT industry association with prestigious billion dollar babies of the IT industry Know More
Sramana Mitra discussed FixNix GoToMarket Strategies Know More
FixNix suggested entrepreneurs to look beyond India like african markets Know More
2013 IEEE Cloud Computing for Emerging Markets- Best Cloud Security Startup Know More
The first story of FixNix in YourStory Know More
FixNix enlightened the audience from ISACA about GRC industry Know More
In 6 months of founding, FixNix won the regional rounds of the national best startup selection.
It became one of the top 10 startups of the country selected by country Know More
RBI and SETS trained banking industry folks about PCI-DSS. FixNix trained all indian banks, finance industry in PCI DSS(payment card industry data security standard) awareness via SETS, Govt of India agency. Know More
Security steps towards Online Scams through Online Jobs, Phishing, Vishing Know More
FixNix became the most Innovative Security Product of the year. Got voted by 60+ CISOs of the country. Selected amongst 100s of security startups. Know More
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UXINDIA 2014, 3 days of inspiration, education and skills development for user experience designers,UX leaders, program managers,user researchers, startup founders and design students.
FixNix team participated at UX clinic one among four startups. and volunteered this prestigious conference. Know More
FixNix CEO and Founder Mr. Shanmugavel’s talk on Social Engineering & GRC at National Cyber Safety and Security Summit conducted by Government of India at Jeppiar Engineering College on Apr 27 & 28, 2013. Know More
Spending INR 1.2 lacs on an iMac when you are trying to start a company with savings of INR 10 lacs may not be the smartest thing to do. Know More
Bangalore may still be the startup capital of India but dozens of entrepreneurs are heading to smaller cities and towns of India to set up technology-led companies, find Harsimran Julka and Varun Aggarwal A way from big city lights, scores of young Indians are starting new ven tures, encouraged by the rising needs of middle class citizens and the global reach that technology offers. Know More
Editor’s note: We’ve all heard about a “Friends and family” round. But how does one actually go about asking for money? Yes. all of us will have.. Know More
Commensurating NASSCOM-DSCI Privacy Day, FixNix engaged with Polimer to spread awareness about Facebook, Social media security awareness, Payment cards, Data Loss & Encryption.. Know More
To read the encryption & other major items discussed on the interview in english, Read our blogs. ex, Encryption
Thanks to Lavakumar, IronWASP for endorsing his expert views on the interview on short notice… Know More
FixNix CEO and Founder Mr. Shanmugavel’s talk on Social Engineering & GRC at National Cyber Safety and Security Summit conducted by Government of India at Jeppiar Engineering College on Apr 27 & 28, 2013. Know More
Quick Pitch in TiEcon about FIXNIX,Chennai. Know More
Seminar on Open Source Security & GRC by Shanmugavel in collaboration with SETS, Chennai Know More
India is currently the youngest startup nation, with over 70% founders under the age of 30. All of these are major positives for the startup ecosystem in India. In an interview with Enterprise Innovation, Ajay Ramasubramaniam, Director, Zone Startups India explains why it is important that corporates continue to remain an actively engaged stakeholder, to foster and bolster the Indian startup ecosystem.
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