QUARKS SYSTEMS

In their own words

What We Do: Quarks Systems is a fintech security startup developing AI-powered mobile and web applications to protect Indians from banking fraud, investment scams, and cyber financial crimes. Core Products: SecurePay App - Real-time fraud detection for consumers during UPI transactions FraudShield API - Enterprise security solutions for banks and fintech companies FinSecure Portal - Investment verification and financial security education platform The Problem We're Solving: India loses ₹1.3+ lakh crores annually to financial fraud, with UPI fraud cases growing 200% year-over-year. Most Indians lack real-time protection tools against sophisticated scams. Our Solution: AI-powered fraud detection that works in real-time, supports regional languages, and focuses on prevention rather than just detection. We combine behavioral analysis, community intelligence, and local fraud pattern recognition. Business Model: Freemium consumer app (₹99/month premium) Enterprise API licensing (₹50K-₹2L/month) Training and consultation services Market Opportunity: ₹3,500 crore addressable market in India's financial security sector, targeting both individual consumers and small-medium financial institutions. Social Impact: Aiming to protect 10+ million users and prevent ₹500+ crores in fraud losses while improving financial literacy across India. Funding Need: ₹12 crores for product development, team building, and market expansion over 18 months. Why Now: India's digital payment explosion creates urgent need for consumer-focused security solutions that work for the masses, not just big banks.

Written by the company on its public Startup India profile. Not verified by us.