Alankit gets a DSC licence to offer governance solutions

Alankit has acquired a Digital Signature Certificate (DSC) Licence via Verasys Technologies, a subsidiary of Alankit. Alankit offers online electronic signature service which can be integrated with service delivery applications via an API to facilitate a user to digitally sign a document for numerous authentication and approval purposes.

Alankit’s digital signature system will offer vSign, eSign and enterprise solutions that are 25% to 30% less expensive in comparison to solutions available in the market currently. Not only will the cost benefit be passed on to the end-consumer, but the process will be eased out by letting a consumer apply for DSC using Aadhaar authenticated eKYC. An auto generated OTP or biometric confirmation would be enough to verify eKYC information.

DSC has been known to be a faster, economical and an eco-friendly solution, especially beneficial for SMEs/MSMEs. The benefits for this segment include integration with all Alankit’s already existing services, ranging from end-to-end GST services, to ITR/Tax filing, Aadhaar, PAN, TIN, etc. Considering the spectrum of digital solutions that Alankit offers – like eRaahi for Eway bill, Alankit Muneemji and GST Saarthi for compliance, Depository services, etc, DSC integration is an added advantage for SMEs/MSMEs that will further ease direct filing, moving them away from traditional pen and paper documentation.

Alankit is also offering enterprise solutions to big corporates, government organizations and banks for internal functioning and easy use. Alankit DSC is a highly secure solution and it leaves no scope for physical / digital tampering. It allows enterprises, whether big or small, a complete solution for taxation, legal and operational compliance – be it tax filing, new company opening or document/payment authorization. Usually processes that require mandatory signatures can take up to 2-3 weeks, even longer if the stakeholders are in different geographies. With Alankit DSC, the process can be completed within a day or two.

Ankit Agarwal, Managing Director, Alankit Limited, says, “For any change to reap optimal results, it is necessary for all players to contribute and we, at Alankit, are doing just that. With proven technology expertise, Alankit is committed to Digital transformation in India. With this licence, Alankit aims to utilize and further optimize and increase viability of our franchise network to benefit the end-consumer.”