Urjanet all about bouncing back
For a self-described fallen engineer, Urjanet founder and CEO Sanjoy Malik knows how to bounce back.
The founder of two wireless companies that were sold to Nokia and a private equity firm, Mr. Malik is seeing similar success with Urjanet, a company connecting businesses and software applications to data from thousands of utilities across the globe through a suite of APIs and integration tools.
CEO Sanjoy Malik
Urjanet has relationships with close to 6,000 utilities around the world, Mr. Malik said. That allows Urjanet clients to verify identities and perform detailed credit risk assessments.
Until recently, Utility data had not been used for financial and identity verification because it was hard to aggregate, Mr. Malik said, but when combined with other information it produces reliable results.