FICCI Awards TRST Score as Best FinTech Startup in 2022

TRST Score?won the Most Innovative Saas Startup Award at the Federation of Indian Chamber of Commerce and Industry (FICCI) and The New Indian Express Start-Up Stars Awards held on 9th December 2022. TRST Score was chosen from among a large list of startups by the panel based on the size of the problem that they were trying to solve, the technology in use, the size of the addressable market, and many other factors.?

The occasion was graced by industry stalwarts and many significant political figures. The IT Minister of Tamil Nadu Thiru. Mano Thangaraj issued the awards to 25 startups that were honored at the event. Other esteemed guests at the event included Consul for Trade and Economic Affairs, Israel, Mr. Joseph Abraham who spoke about his mission in trying to enable collaboration between Israeli and Indian startups. Ms. Virsa Perkins, Economic and Political Policy advisor of the US consulate talked about the responsibility startups have in bolstering the economy of nations. Dr. G S K Velu, chairman, of Trivitron Group and chairman, of FICCI Tamil Nadu, went on to say that the idea behind the award was to encourage more startups and make Tamil Nadu a start-up hub in India.?

TRST Score?was appreciated for the innovative angle that it brought to human risk mitigation with its 360-Degree view of risks.?India loses Rs. 10 lac crores to Human Risks each year. Similar to Credit Score which helps in financial risk mitigation, TRST Score helps in Human Risk Mitigation such as Employees, Agents, Partners, Customers, Gig Workers, Customers, etc.?The future of both work and enterprise demands great flexibility from organizations and requires robust systems to hold employees accountable.?

Advantages of the TRST Score platform include:

• Check the TRST Score before onboarding a candidate and provide you with an instant previous employment check.?
• Check if the employee has already accepted an offer on the platform.?
• Flag the unethical behavior of employees.
• Improve the process efficiency in hiring and exit procedures.?
• Deter employees from accepting offers till they are sure of joining.?
• Deter employees from committing fraud, absconding, etc

TRST Score currently has a roster of over 150+ companies spread across industries.?TRST Score?is partnered with FIDC (Association for all NBFCs), Sa-Dhan (Association for all Microfinance Companies), NHRD, and World Association for Small and Medium Enterprises (WASME).