On May 28, 2024, 63 Moons Technologies Ltd informed the stock exchanges about 63 Moons Group’s strategic transformation with key initiatives. The company stated that these aim to reinforce their long-term vision and improve stakeholder value.
63 Moons Group is radically transforming from a traditional fintech company to a leading-edge technological enterprise. This evolution focuses on emerging technologies, including blockchain, digital assets, cybersecurity, artificial intelligence (AI) and legal tech.
The Group believes that these advancements will position them at the forefront of the tech industry, driving sustained growth and innovation. The key initiatives from the Group include the following.
Recognising the critical gaps in India’s cybersecurity landscape, 63 Moons Group has launched 63 SATS, offering comprehensive solutions for 50,00,000 small and medium-sized business and enterprise customers, including vulnerability and penetration testing, forensic investigations, application audits, compliance audits, etc. The offering aptly carries the slogan “Your Own Cyber Security Force (CSF)”.
The Group is also developing India’s first comprehensive mobile security app, CYBX, with over 90 security features to protect individuals from cyber theft and fraud. CyberDome, their government and critical infrastructure offering, provides a holistic and comprehensive security cover to prevent state-sponsored hacks and all types of cyberattacks.
To democratise the selling opportunity, the company has launched a unique franchise program, enabling aspiring entrepreneurs to become our resellers nationwide.
A subsidiary of 63 Moons Group, Ticker Ltd is committed to advancing Web 3.0, blockchain applications, and virtual digital asset markets. The 3.0 Verse App enables seamless trading across centralised and decentralised exchanges, offering features such as arbitrage trading, stop loss, and price alerts.
The Group’s Indian subsidiary, 3.0 Verse Ltd, curates global content on the Web 3.0 industry.
The Group’s Dubai subsidiary is expanding the global reach of the 3.0 Verse App and forming strategic alliances with royal families in Abu Dhabi, Dubai, and Ras Al Khaimah.
QiLegal is an AI-enabled, cloud-based SuperApp that digitises legal processes, providing mediation, arbitration, workflow management, and more. The market potential for QiLegal is estimated at approximately US$685 million. The Group’s goal is to make legal services easily accessible and affordable.
Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.
Published on: May 28, 2024, 2:58 PM IST
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