Name: Manjula Rao
Business Name: DOQFY
Location: Bangalore, India
Establishment (Year): 2019
Category/Industry: Information Technology
Profession/ Specialty: Information Technology
Website : www.doqfy.in
Social Media : LinkedIn
Company Detail:
A platform for contract administration called DOQFY offers a number of solutions that are intended to streamline and automate the contract management process. DOQFY’s features allow users to maintain, electronically stamp, and electronically sign contracts, doing away with the need for conventional paper-based processes. Users may effectively manage their contracts with DOQFY from beginning to end, assuring correctness, compliance, and effective teamwork. Any firm can benefit from the versatile and scalable solution that DOQFY offers, no matter how big or little it is.
Unique Selling Proposition / Competitive Advantage:
The smooth integration of DOQFY's stamping and designing capabilities into current systems is made possible by the availability of a web application and open APIs, which don't interfere with the users' business models. DOQFY allows for stamping/e-stamping throughout India and provides a variety of e-signatures, including digital signatures, aadhaar signatures, and electronic signatures. By allowing the quick and secure execution of contracts and agreements, DOQFY serves a variety of industries, including BFSI, Edtech, Fintech, Technology, and Manufacturing.
Challenges Faced During the Journey:
DOQFY founder and co-founders were aware of the difficulty that Indian firms and professionals were experiencing due to the lack of a standard stamping approach. In response, Manjula and her co-founders developed DOQFY to address this urgent issue. DOQFY first struggled to get clients to change their ideas about going digital, but with a few early adopters' help, DOQFY was able to launch the platform. The COVID-19 pandemic hastened the transition to digital operations, and DOQFY today has over 500 customers using its program to conduct more than 2L transactions each month.
Advice for Women Entrepreneurs:
Have faith in your own ability and self-belief.
To get advice and assistance, look for mentors and role models.
Establish a network of people who support you, including loved ones, close friends, and coworkers.
Continue to grow your skills and expertise while maintaining your passion for your company.
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