The Aadhaar Project - Identification for 1.2 Billion
Widely covered and talked about, the Unique Identification Authority of India (UIDAI) and its Aadhaar project is aiming at providing a unique identification number to all Indians and will generate a database of residents containing very simple data in biometrics.
This massive project, with its potential to create an ecosystem of its own, cutting through various verticals, is large enough to create and disrupt a number of new and existing business opportunities in the IT services, products, biometrics, credit profiling, banking, education, hospitality plus other segments.
This $1.6 billion initiative has already started influencing strategies at Indian's largest banks, retail chains, telecom, media, travel companies. Now even a few business models, currently on the block for raising capital, seem unexciting when re-evaluated considering the UID generated opportunities. According to the current plans, by 2014 around one million new ids will be issued everyday, in effect completing 50% of the enrollment by 2014. This massive project would need technology, products, various services for its timely and efficient execution, all of which from an holistic view gives rise to new business opportunities.
To dive in depth into the implications of this national phenomenon, VCCircle Insights on the Aadhaar Project, will bring together the architects and the builders behind the initiative for an interactive round table discussion. It will be a platform for all the investors seeking to take a peek at the investible opportunities created by this project.
9:15am - 10:00am
Tea & Registration
10:00am - 10:05am
Opening Remarks
10:05am - 10:45am
Presentation I: Aadhaar's Implied Opportunities For Indian Corporates
As UIDAI is building applications that will allow companies to authenticate identities online on a real time basis, products and service categories across sectors will find different ways of serving their markets. What does Aadhaar Project mean for India's large corporates? What are the opportunities and threats to the existing businesses? What are the opportunities for the healthcare, education, media & entertainment space?
Govind Ethiraj - Volunteer, Aadhaar Project
10:45am - 11:25am
Presentation II: Aadhaar's Impact On Financial Services
With the adoption of biometrics based identification, what will be the impact on banking & transactions? What are the benefits for the existing financial institutions? What is the potential for new products & services?
Sanjay Jain - Chief Product Manager (PMU), Aadhaar Project
11:25am - 12:05pm
Presentation III: Aadhaar For India’s Successful Financial Inclusion
With the Aadhaar Project's reach into all towns and villages are there ample opportunities for an efficient financial inclusion? What are the products and services structured around this segment that can see a huge market potential today?
Abhinav Sinha - Co - Founder, Eko India Financial Services Pvt Ltd
12:05pm - 12:20pm
Tea & Networking
12:20pm - 1:00pm
Presentation IV: Opportunities For IT, Technology & Hardware
To reap the benefits of the opportunities created by the project in various sectors, the market will require new and innovative technology, products, applications and services. In products, what are the new segments in addition to biometric scanners, micro ATMs, payment gateways? What are the opportunities for IT companies to build value chain applications for various services?
Dr. Sreeni Tripuraneni - Chairman & CEO - 4G Identity Solutions Pvt. Ltd
1:00pm - 1:45pm
Lunch & Networking
1:45pm - 2:25pm
Presentation V: Opportunities For Retail, Telecom & E-Commerce
What are the opportunities for existing and new retailers as a result of the Aadhaar project? What are the benefits for the existing telecom companies with the introduction of unique biometric IDs for mobile users in urban and rural markets? As government allows third-party application developers to build applications on the Aadhaar platform, will it have an impact on the e-commerce and m-commerce scenario in the country? What are the infrastructure requirements?
Sanjay Swamy - Former Volunteer, Aadhaar Project
2:25pm - 3:05pm
Presentation VI: Challenges In Aadhaar's Implementation: Opportunities For Products & Innovation
What are the challenges faced by companies ensuring timely execution of the aadhaar project? What are the visible gaps in technologies, products and services? What are the implied opportunities for innovation?
Dinesh Nandwana - Chairman & MD, Vakrangee Software Ltd.
3:05pm - 3:45pm
Tea & Networking
VCC Events opens up the avenues for participation. Join hands to be a part of India’s largest gathering of alternative investments leaders, industry stakeholders and Asia’s influential limited partners, general partners and marquee advisors. Your chance to actively participate and augment yourself as thought leaders.
ITC Grand Central, Mumbai
ITC Grand Central, Mumbai
Contact: Business Attire
Distance: Parel, Mumbai
Drop us a line and we will call you.
