Impactsure
Mumbai-based AI/ML document processing platform specializing in banking compliance and global trade finance automation with 20+ products.
Overview
Founded in 2019 by Subramaniyan Neelakandan, Ashish Mohan Jha, and Dharmarajan Sankara Subrahmanian, Impactsure has evolved from a document extraction startup to a comprehensive banking workflow platform. After raising $1.02 million in seed funding in January 2022, the company secured major enterprise wins including Singapore Exchange Group's deployment of SureXtract for automated financial data extraction from unstructured PDFs.
The company's strategic pivot toward banking ecosystems accelerated in 2024 with partnerships including IBM for technology development and approval for Temenos Exchange marketplace, providing access to 3,000+ bank clients across 150 countries. CEO Dharmarajan Sankara Subrahmanian positioned the Temenos partnership as "testimony to the global quality and efficiency that Impactsure brings forth," signaling the company's shift from regional to global banking markets.
The SURE platform now powers 20+ products including SureXtract, SureMatch, SureSanction, and SureEditor, with deployments across India's largest banks for RBI Aadhar Data Redaction compliance and multi-year agreements with African and Singaporean financial institutions.
Key Features and Benefits
- SURE Platform: Patent-pending AI/ML+NLP engine with 450+ SureTons microservices
- SureXtract: Extracts structured financial data from unstructured PDFs, deployed by Singapore Exchange Group
- SureMatch: Agentic AI processing complex documents in under 10 minutes with 80%+ manual effort reduction
- SureSanction: Industry-first Credit Document Creation and Management solution
- SureEditor: Built-in document editor eliminating third-party word processing dependencies
- Banking Marketplace Integration: Available on Temenos Exchange and Microsoft Azure Marketplace
Use Cases
Exchange Financial Data Processing
Singapore Exchange Group deployed SureXtract following an RFP process to extract structured corporate financial data from unstructured PDFs. SGX's Ng Kin Yee noted the solution "supports SGX in extracting financial statement data of SGX-listed companies from unstructured PDFs efficiently and reliably" with scalability for high-volume earnings seasons.
Banking Regulatory Compliance
India's largest banks implemented Impactsure solutions for RBI Aadhar Data Redaction compliance, automating sensitive data identification and redaction across customer documents. The platform validates regulatory requirements while maintaining audit trails for compliance reporting.
Global Trade Finance
Banks deploy SureMatch for Bank Guarantees, Letters of Credit, and Remittances processing. The platform scrutinizes trade documents, validates compliance against UCP 600 rules, and routes exceptions to specialists while processing complex documents in under 10 minutes.
Technical Specifications
| Feature | Specification |
|---|---|
| Core Platform | SURE (Secure Unified Responsive Engine), patent pending |
| Product Portfolio | 20+ products including SureXtract, SureMatch, SureSanction, SureEditor |
| Microservices | 450+ SureTons (technical and functional modules) |
| Processing Speed | Complex documents in under 10 minutes |
| Manual Effort Reduction | 80%+ |
| Marketplace Availability | Temenos Exchange, Microsoft Azure Marketplace |
| Geographic Reach | India, Singapore, Middle East, Europe, Africa |
| Banking Clients Access | 3,000+ banks in 150 countries via Temenos Exchange |
Resources
Company Information
Headquarters: Mumbai, India
Founded: 2019
Founders: Subramaniyan Neelakandan, Ashish Mohan Jha, Dharmarajan Sankara Subrahmanian
Funding: $1.02 million (January 2022)
Employees: 17
Key Partnerships: IBM, Temenos Exchange, Microsoft Azure Marketplace