How TraqCheck Transforms Background Checks with AI: Exclusive Interview

The enterprise software industry provides robust solutions for business management, improving efficiency, scalability, and integration across various organizational functions. TraqCheck being an innovative leader in the enterprise software industry, offers advanced compliance and risk management solutions. Established in 2020, TraqCheck focuses on delivering robust and scalable software to enhance operational efficiency. Catering to a global client base, TraqCheck emphasizes seamless integration and continuous updates. Analytics Insight has engaged in an exclusive interview with Mr. Jaibir Nihal Singh, Founder of TraqCheck.

Kindly brief us about the company, its specialization, and the services that your company offers.

TraqCheck is revolutionizing the background verification market in India with our cutting-edge enterprise software. Our mission is clear: to empower individuals and companies through data. We specialize in background verification services, catering to over 200 large corporate clients such as Bajaj Capital, Cholamandalam Finance, Reliance Retail, and Yatra. By leveraging advanced AI technologies, we ensure swift, cost-efficient, and accurate verification processes, setting a new standard in the industry.

With what mission and objectives was the company set up? In short, tell us about your journey since the inception of the company.

Since our inception, TraqCheck has been driven by the mission to enable personal and professional advancement through data utilization. Our journey has been marked by a relentless commitment to innovation, with a focus on enhancing workplace culture and community. By facilitating informed hiring decisions for companies and empowering individuals, we've paved the way for a more efficient and effective background verification process. Looking ahead, we're poised to expand into the United Kingdom, furthering our global footprint and impacting even more lives.

Tell us how your company is contributing to the AI industry of the nation and how the company is benefiting the clients?

TraqCheck is at the forefront of incorporating AI into the background verification market, setting new industry benchmarks. By harnessing AI technologies, particularly GPT agents, we've significantly reduced turnaround times, benefiting both clients and individuals. Our innovative approach not only streamlines the verification process but also contributes to the advancement of AI in the nation's technology landscape.

What is your biggest USP that differentiates your company from its competitors?

Our biggest USP lies in our in-house technology and automation capabilities, which have disrupted the traditional background verification market. Unlike our competitors, we've pioneered the integration of AI into our processes, transforming what was once a service-driven industry into a tech-driven one. This unique approach enables us to deliver unparalleled efficiency, accuracy, and cost-effectiveness to our clients.

What does your technology and business roadmap look like for the rest of the year?

Looking ahead, our technology and business roadmap for the rest of the year is focused on advancing AI capabilities within our product. By leveraging GPT agents for backend tasks and studying the latest AI advancements, we aim to further enhance our product's efficiency and accuracy. Additionally, we're gearing up for our expansion into the UK market in June, with plans to onboard over 100 British clients by year-end.

What are your growth plans for the next 12 months?

Over the next 12 months, our growth plans center around expanding our presence in the UK market and securing key enterprise clients in India. With a focus on delivering exceptional value to our clients and driving innovation in the background verification industry, we're poised for significant growth and impact in the coming year.