PRECISION BIOMETRIC INDIA PRIVATE LIMITED

What PRECISION BIOMETRIC INDIA PRIVATE LIMITED does

Precision Biometric India Private Limited, founded in 1996 and headquartered in Chennai, is an Indian identity-security vendor operating under the Precision Group. The company combines Public Key Infrastructure (PKI) with biometric authentication to deliver Zero-Trust identity and access management (IAM) for Indian banks, financial institutions, enterprises, pharmaceutical firms, and government agencies. Its two patented platforms — InnaIT Framework (Patent No. 425769) and InnaITKey (Patent No. 564581) — span workforce IAM, two-factor authentication, enterprise single sign-on, privileged identity management, digital signature certificate (DSC) tokens, time-and-attendance, and password management. The technology stack integrates with all major Indian Core Banking Systems (Oracle Flexcube, Infosys Finacle, TCS Bancs), SAP, Windows Active Directory, Citrix, and the Aadhaar/UIDAI ecosystem, and is certified to FIDO2 Level 2, FIPS 140-3 Level 3, CERT-IN, UIDAI/STQC L1, CCA, and Common Criteria EAL 6+.

Revenue is generated across multiple streams: hardware sales (fingerprint scanners PB 510/PB 1000, PB ABAS 100 L1 Series attendance devices, InnaITKey USB and NFC DSC tokens), subscription/recurring software licensing of InnaIT Framework modules and SaaS-delivered Workforce IAM, and professional services for implementation and integration with enterprise systems. The company sells directly to large enterprises and banks through a consulting-led field sales motion, distributes via Redington's 40,000+ channel partner network across India, lists the InnaITKey Password Manager Soft Token on Microsoft Azure Marketplace for global reach and on innaitkey.com for direct consumer/SMB sales, and procures through the GeM (Government e-Marketplace) for government buyers. Notable customer deployments include large Indian banks with concurrent user bases ranging from 2,000 to 35,000, two leading pharmaceutical companies with 15,000–20,000+ employees, and an Indian defence electronics manufacturer.

Operationally the company reports 59 employees at the entity level (versus a broader Precision Group footprint covering Precision Infomatic, Precision Techserve, and Precision Galaxy), maintains a 250+ location service network across India, and is founder-led by Mathew Chacko. It is privately held with no disclosed external institutional investment, and its 2024–2025 product cadence (FIPS 140-3 DSC tokens, Soft Token Password Manager, Aatmanirbhar Bharat-aligned domestic manufacturing) and second patent grant in 2025 indicate continued investment in product and IP without external capital.

Name

PRECISION BIOMETRIC INDIA PRIVATE LIMITED

Legal name

Precision Biometric India Pvt. Ltd.

Website

https://innait.com

Company type

Private

Founded year

1996

Operating status

Operating

Headcount range

51–100 employees

Short description

Precision Biometric India Private Limited provides PKI and biometric identity authentication solutions for Indian banks, enterprises, and government agencies via its patented InnaIT Framework and FIDO2-certified InnaITKey platforms.

Ownership category

akta.pro rank

Product category

Identity and Access Management (IAM)

NAICS

Security Systems Services (except Locksmiths) (561621)

akta.pro primary industry

Identity Verification & Proofing (IDV, KYC, Biometrics) (HDADAAAF)

akta.pro secondary industries

Authentication (MFA/Passwordless/Biometrics) Platforms (BPAMAEAE), Card Readers & Authentication Tokens (Smart Card, NFC, OTP Keys) (HDACAFAK), Identity Verification & Digital ID (IDV, eIDAS, biometrics) (FSAGAFAA), Verification & Risk Signals (Device Fingerprinting, Behavioral Biometrics) (HDADALAJ)

Keywords

• Biometric authentication
• Identity access management
• Public key infrastructure
• Digital signature certificates
• Passwordless security

Headquarters

HQ city

Chennai

HQ country

India

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure, Supply Chain

Revenue model

1. Hardware Sales - Biometric Devices: Sale of biometric hardware including fingerprint scanners (PB 510, PB 1000), ABAS 100 L1 Series attendance devices, InnaITKey USB tokens, and NFC DSC smart cards. Hardware products are certified by UIDAI/STQC and FIDO2.
2. Software Solutions & Licensing: Licensing of InnaIT Framework software modules (2FA, eSSO, BioNIX, BioWinAD, Vault, EVS, TAS) and InnaITKey solutions. Platform-agnostic, modular licensing model allowing organizations to choose and expand modules.
3. SaaS/Cloud-based Identity Management: Workforce Identity & Access Management (WIAM) solution offered as SaaS model. Soft Token Mobile App with annual subscription model for password management.
4. Professional Services & Implementation: Consulting approach covering pre-sales consulting, concept to product development to implementation, post-implementation support, project & account management.
5. Integration Services: Integration of InnaIT solutions with existing enterprise systems including core banking systems (Flexcube, Finacle, Bancs), SAP, Windows Active Directory, and other applications.

Pricing tiers

Go-to-market motion3 records

Distribution channels6 records

Marketing channels12 records

Core offering

Precision Biometric India sells the patented InnaIT Framework and InnaITKey suite — a Zero-Trust identity security platform that combines PKI and biometrics for password-less authentication, transaction authorization, and digital signing, complemented by UIDAI/STQC certified fingerprint scanners, PB ABAS 100 L1 Series biometric attendance devices, and FIDO2 L2 / FIPS 140-3 certified DSC tokens and smart cards. The platform is licensed and delivered to banks, enterprises, and government agencies, with integration into core banking systems (Flexcube, Finacle, Bancs), SAP, Active Directory, and Citrix.

Differentiator

Problem solved

Functional benefit

Brands

• InnaIT Framework: Patented Identity and Access Management (IAM) platform combining biometric and PKI-based authentication solutions for enterprise security.
• InnaITKey
• InnaIT Aadhaar
• InnaIT SSO
• InnaIT Behavioural Biometrics
• PhaaT (Phone-as-a-Token)

Products and services

• InnaIT Framework Patented modular Identity and Access Management platform that combines PKI and biometrics to deliver Zero-Trust identification, two-factor authentication, single sign-on, privileged identity management, file vault, time & attendance, and event verification for banks, enterprises, and government organisations.
• InnaITKey FIDO2 Level 2 certified, Zero-Trust identity security solution that combines PKI and biometrics for password-less authentication, transaction authorization, and digital signing, available on Microsoft Azure Marketplace and via the Redington channel.
• InnaITKey FIDO2 Password Manager (Hardware) FIDO2 certified hardware password manager with built-in fingerprint sensor, encrypted local storage for up to 2,000 credentials, automatic complex-password generation, and browser compatibility for end users and SMBs.
• InnaITKey Password Manager — Soft Token (Mobile App) Annual-subscription mobile-app password manager that uses native smartphone biometrics and PKI-based encryption to store credentials exclusively on the user's device, supporting authentication via QR code or fingerprint/face for browser-based services.
• InnaITKey DSC Tokens (PK32XX USB and PK33XX NFC) 'Make in India' Digital Signature Certificate tokens — PK32XX USB token and PK33XX NFC contactless smart card — built on FIPS 140-3 Level 3 certified secure elements with EAL 6+ assurance, fully CCA compliant, for secure digital signing and transaction authorisation.
• InnaITKey PK110X-DSC and PK122X-DSC DSC Tokens CCA-approved Digital Signature Certificate tokens — PK110X-DSC with biometric authentication and PK122X-DSC with touch authentication — for secure digital signing in compliance with the Controller of Certifying Authorities (CCA) guidelines.
• InnaIT Aadhaar UIDAI-compliant biometric authentication suite for the Indian Aadhaar ecosystem, supporting Aadhaar-based e-KYC, AEBAS attendance management, Jeevan Pramaan life certificates, and e-PDS authentication for government and financial inclusion use cases.
• InnaIT SSO Enterprise Single Sign-On module of the InnaIT Framework providing centralised authentication management across heterogeneous enterprise applications and Active Directory environments.
• InnaIT Behavioural Biometrics Behavioural-biometrics solution that analyses user behaviour patterns to provide continuous authentication and detect anomalous or fraudulent activity within the InnaIT identity security suite.
• PB 510 Fingerprint Scanner UIDAI/STQC certified single-finger biometric scanner for identity verification and authentication, deployed across banking, government, and enterprise customer environments in India.
• PB 1000 Fingerprint Scanner UIDAI/STQC certified higher-capacity fingerprint scanner for high-volume identity verification and authentication deployments in banking, government, and enterprise.
• PB ABAS 100 L1 Series Biometric Attendance Device UIDAI/STQC L1 certified biometric attendance device with fingerprint and face recognition, listed on the GeM rate contract, designed for AEBAS-compliant attendance management in government departments.

Quantifiable outcome

• Biometric comparison time under 40 milliseconds per transaction, full transaction under 1000 milliseconds
• +9 more outcomes

Named customers41 records

Segments7 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration9 records

AI capability5 records

Feature11 records

Partnerships

One partnership is on record.

• Redington LimitedcoreChannel Partner/ Reseller/ Distributor · 22 May 2023Precision Biometric India Pvt. Ltd. partnered with Redington Limited, India's largest IT software and products distributor, to make its InnaIT Framework and InnaITKey solutions available through Redington's 40,000+ channel partner network. This partnership enables wider market reach across India, covering multiple industry verticals including BFSI, Government, Pharma, and Enterprise sectors.

Scale indicators6 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• HID Global: Global vendor of physical access control, smart cards, RFID credentials and authentication tokens used by banks, governments and enterprises. Overlaps with Precision Biometric's biometric hardware token, DSC smart card and physical authentication portfolio across BFSI and government customers.
• OneSpan: Specialist in digital identity verification, transaction signing and authentication solutions for financial institutions. Comparable to Precision Biometric's biometric 2FA for core banking, transaction authorisation and digital signing offerings targeted at banks and financial services.
• Yubico: Swedish-origin maker of the YubiKey hardware authentication tokens and a global leader in FIDO2 passwordless authentication. Most directly comparable to Precision Biometric's InnaITKey FIDO2 L2 certified hardware token line, competing for the same passwordless / phishing-resistant authentication wallet share in enterprise and government accounts.
• eMudhra: Indian digital signature certificate and PKI solutions provider serving banking, government and enterprise customers across India. Directly comparable to Precision Biometric's InnaITKey DSC tokens and PKI/certificate-based authentication offerings, especially within Indian regulatory use cases.
• Entrust: US-headquartered provider of PKI, digital signing certificates, identity verification and hardware authentication tokens (e.g. Entrust USB tokens). Directly comparable to Precision Biometric's PKI/biometric and DSC token offerings, especially in regulated BFSI and government certificate use cases.
• SmartChip: Indian manufacturer of smart cards, biometric cards and digital signature tokens used in banking, government and enterprise security applications. Directly comparable to Precision Biometric's InnaITKey DSC token, NFC smart card and biometric authentication hardware product family in the Indian market.
• IDEMIA: France-based leader in biometric identity verification, eKYC and secure credentials for banking, government and border management. Comparable to Precision Biometric's Aadhaar e-KYC, UIDAI/STQC-certified biometric devices and biometric-based authentication offerings for large financial and government institutions.

Broad incumbents

• Okta: US-based cloud identity and access management platform with passwordless and FIDO2 support. Comparable to the InnaIT Framework's IAM and SSO functionality for enterprise workforce authentication, but operates at much larger scale and as a broader identity platform rather than a biometrics-specialist.
• Thales (Digital Identity & Security): Global digital identity and security business (formerly Gemalto) offering PKI, smart cards, HSMs and identity platforms at much larger scale. Competes with Precision Biometric in the banking/government authentication and DSC token space, but as a multi-line incumbent rather than a specialist.

Regional players

• Protean eGov Technologies (formerly NSDL e-Governance): India-based e-governance and identity infrastructure provider operating the Aadhaar authentication and Universal Account Number platforms. Regional peer operating in adjacent Indian identity and authentication infrastructure space, complementing Precision Biometric's Aadhaar-aligned biometric and eKYC products.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/PrecisionBiom
• YouTubeyoutube.com/@precisionbiometric
• Facebookfacebook.com/profile.php
• LinkedInlinkedin.com/company/precision-biometric-india-private-limited
• Instagraminstagram.com/precisionbiometric

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about PRECISION BIOMETRIC INDIA PRIVATE LIMITED