IIT Roorkee-backed startup Recogsquare wins ‘Most Innovative Digital Onboarding Rollout’ Award IIT Roorkee-backed startup Recogsquare wins ‘Most Innovative Digital Onboarding Rollout’ Award The award for ‘Most Innovative Digital Onboarding Rollout’ conferred by IIT Roorkee-backed startup Recogsquare was hosted by IBS Intelligence at Global Fintech Innovation Awards. advertisement UPDATED: December 19, 2020 22:48 IST Recogsquare, a start-up incubated and funded by the Indian Institute of Technology (IIT) Roorkee has won the ‘Most Innovative Digital Rollout Award’ at the Global Fintech Innovation Awards, by IBS Intelligence for the start-up association with Equitas Small Finance Bank. Recogsquare is an AI SaaS-backed eKYC and Video KYC platform that streamlines and automates individual onboarding and ID verification. Funded and incubated by TIDES business incubator at IIT Roorkee together with the support of the NIDHI Scheme of NSTEDB, Department of Science and Technology, Government of India, the app was awarded for the deployment of its KYC tools for a bank within three weeks helping them significantly reduce the customer drop-off rate.