Know Your Defaulter, or KYD, launched in mid-2016. The startup’s software spiders crawled through dozens and hundreds of data sources each day – court cases, company filings, credit ratings and defaulter lists put out by banks and financial institutions. It allowed anyone to instantly conduct an online due diligence on a company before entering into any sort of agreement with it. In less than a year, KYD had saved tens, possibly hundreds of millions of dollars for its users by helping them spot companies that were unscrupulous.
Best Trip, a trip planning app that showed real-time road traffic conditions in the top six Indian metro cities was credited with saving millions of commuter hours, vehicle fuel and generating hundreds of millions of dollars in productivity and healthcare costs savings in just the 17 months since its launch in late 2015.