Dukaan Partners With SHIELD for High Security and User Trust
Dukaan an E-commerce platform for merchants, retailers, and entrepreneurs, has partnered with risk intelligence company SHIELD. This partnership is said to provide a safer and more trusted digital experience on Dukaan’s platform. Dukaan works as an aggregator of small businesses by providing them with an online presence. It helps them to set up and manage their businesses online through the platform.
In the aftermath of the lockdown and pandemic, Dukaan has been seen growing exponentially in terms of the gross merchandise value (GMV) and daily active users. This also led to an increase in the volume and frequency of orders completed on the platform. Dukaan is planning the expansion worldwide to challenge more established players such as Shopify.
SHIELD is a risk intelligence company that empowers online businesses and websites to stop fraud, build trust, and drive growth. It uses Artificial Intelligence and device fingerprinting with Global Intelligence Network to detect fraud threats in real-time. SHIELD offers solutions that span device fingerprinting, enterprise-grade protection, ad fraud prevention, and alternative credit risk intelligence.
This partnership with SHIELD will equip Dukaan with an enhanced version of existing anti-fraud capabilities and secure websites of more than 3.5 million merchants. As part of their end-to-end operating system offering, Dukaan also facilitates all types of online transactions. Real-time risk intelligence provided by SHIELD will enable them to see risk on their platform as soon as any fraudulent activity occurs. Through this partnership, merchants and their customers across India will be able to access a more secure, seamless, and trusted online platform.
Subhash Choudhary, Chief Technology Officer and Co-founder of Dukaan, said, "Small businesses are turning to technology faster than ever in these unprecedented times. And they're looking for a platform that won't let them down. SHIELD's expertise, experience, and solution will enable us to deliver superior merchant-centric solutions and focus on providing a trusted one-stop platform needed for current and future entrepreneurs to grow their business."
Speaking on the launch, Founder and Chief Executive Officer of SHEILD, Justin Lie said "it is very important for any business to understand which users to trust. Understanding and building a trusted platform for all their users according is another important thing that businesses should do. He also said that the company, SHEILD, is delighted to be supporting Dukaan in its mission to empower every merchant worldwide, big or small, to launch, and grow their business online, without ever worrying about the safety of their transactions".