Biography of Prabhat Sahu: Founder & CEO of SAWO Labs- Entrepreneur
The Journey of Prabhat Sahu and SAWO Labs
Early Ventures in E-Commerce
Prabhat Sahu's entrepreneurial journey began in 2016 when he
co-founded Buyitall, an e-commerce platform based in Bengaluru. With a focus on
bringing disruptive innovations to the online retail industry, Sahu's venture
aimed to revolutionize how products were bought and sold online. His role at
Buyitall involved leading strategy, driving innovation, and overseeing product
development. The experience provided him with deep insights into the challenges
and opportunities in the e-commerce space, setting the stage for his future
endeavors.
Transition to Government Work
By late 2017, Sahu shifted his focus from the private sector
to the public domain. He took on a significant role with the Government of
Maharashtra, where his primary responsibility was to assist the Agriculture
Department. This role was pivotal as it involved addressing systemic issues
within the agricultural supply chain. Sahu's efforts were concentrated on
digitizing and automating decision-making processes to enhance the efficiency
of agricultural operations. He worked to connect farmers directly with markets,
thereby reducing their reliance on middlemen who often exploited their
position.
Policy Advisor and Researcher
Before his stint with the Agriculture Department, Sahu
served as a Policy Advisor. This role involved a range of activities including
legislative research, economic analysis, and policy implementation. His work
required him to engage with various stakeholders, including legislators and
community leaders, to drive development initiatives and address public
grievances. During this period, he also worked as a Policy Researcher, where he
was involved in studying economic and political trends to inform policy
decisions.
The Genesis of SAWO Labs
In 2020, Sahu's career took a decisive turn when he founded
SAWO Labs. The inspiration for this new venture came from a frustrating
personal experience during the pandemic. While trying to log into the streaming
service Hotstar, Sahu faced delays in receiving the OTP (One-Time Password)
required for authentication. This incident sparked the idea for SAWO Labs—a
company dedicated to solving the inefficiencies and frustrations associated
with traditional authentication methods.
Addressing OTP Challenge
Sahu’s vision for SAWO Labs was to eliminate the dependency
on OTPs for authentication. He recognized that the use of OTPs, while secure,
often led to delays and user dissatisfaction due to issues like delayed
delivery or non-receipt of the code. SAWO Labs aimed to provide a more
efficient and user-friendly alternative by creating a passwordless authentication
system that would streamline the login process and enhance user experience.
Biography of Prabhat Sahu: Founder & CEO of SAWO Labs- Entrepreneur/ Startup/OTP authentication/Success story of Prabhat Sahu/Age/Net worth/Sucess
Building a Passwordless Ecosystem
SAWO Labs' core mission is to establish a passwordless
ecosystem, providing Authentication as a Service (AaaS). The company’s approach
leverages advanced cryptographic techniques to ensure security while
simplifying user authentication. By using public key cryptography, SAWO Labs
enables users to authenticate themselves without needing passwords or OTPs.
This system involves storing a private key on users' devices, which is then
used to securely verify their identity whenever they interact with an application
that uses SAWO’s technology.
Securing Investments
The innovative approach of SAWO Labs quickly garnered
attention from investors. In its early stages, the company raised $780,000 in
funding. This financial support came from notable investors including 100X.VC,
StartupXseed Ventures, and Startup Réseau. The investment was crucial for SAWO
Labs to develop and refine its technology, expand its team, and bring its
vision to market.
Unique Solutions and Market Position
SAWO Labs differentiates itself from competitors like Hypr,
Cotter, and Auth0 by offering a more cost-effective solution. The company
operates on a pay-per-use model, with costs significantly lower than those of
traditional authentication methods. By providing a more affordable and secure alternative,
SAWO Labs aims to attract businesses seeking to reduce authentication expenses
while enhancing security.
Overcoming Initial Challenges
The startup phase of SAWO Labs was fraught with challenges,
particularly given the constraints imposed by the pandemic. Sahu faced
difficulties in convincing stakeholders of the value of his solution. Despite
these hurdles, the company’s innovative approach and the support of early
investors helped it secure initial deals and build momentum. A key breakthrough
came when an investor referred SAWO Labs to a major movie ticketing platform,
providing a critical opportunity that helped establish the company’s
reputation.
The Influence of Reading
Sahu’s approach to leadership and personal development is
also influenced by his avid reading habit. He has a particular interest in
biographies and memoirs, which he finds valuable for gaining different
perspectives and insights. Books like Phil Knight's "Shoe Dog" have
had a profound impact on him, teaching him lessons about simplifying processes
and empowering team members. Reading, for Sahu, is not just a pastime but a
crucial tool for gaining clarity and enhancing decision-making.
Preference for Physical Books
In a digital-centric industry, Sahu values the tactile experience
of reading physical books. Despite being immersed in screen time for work, he
finds physical books to be a personal and grounding escape. The act of holding
a book and turning its pages offers a sense of connection and introspection
that digital formats cannot replicate. For Sahu, this tangible experience is
essential for maintaining a balanced perspective and rejuvenating his
creativity.
Strategic Focus and Future Plans
SAWO Labs’ strategic focus is on targeting Indian app
publishers, developers, and startups that require efficient authentication
solutions. By offering a standardized, cross-platform service, SAWO Labs aims
to address the needs of these clients and capture a significant share of the
Indian IT and software market. The company’s growth strategy involves expanding
its client base and continually improving its technology to stay ahead in the
competitive landscape.
Anticipating Future Success
Looking forward, SAWO Labs is poised for continued growth
and success. The company’s commitment to reducing authentication costs while
enhancing security positions it well for future expansion. As the demand for
passwordless authentication solutions increases, SAWO Labs is well-positioned
to leverage its innovative technology and secure a prominent place in the
digital authentication market.
Legacy of Innovation
Prabhat Sahu’s journey reflects a deep commitment to
innovation and problem-solving. From his early ventures in e-commerce to his
impactful work with the government and his current role with SAWO Labs, Sahu
has demonstrated an ability to adapt and excel in various fields. His work is
marked by a focus on improving user experiences and addressing real-world
challenges, underscoring his legacy as a forward-thinking entrepreneur
dedicated to driving positive change in the digital world.
A timeline of Prabhat Sahu's journey and SAWO Labs'
development:
2016: Co-founded Buyitall, an e-commerce platform in
Bengaluru.
Late 2017: Transitioned to Government of Maharashtra to
assist the Agriculture Department.
2020: Founded SAWO Labs, inspired by frustrations with OTP
authentication.
Early 2021: SAWO Labs raises $780,000 in funding from
100X.VC, StartupXseed Ventures, and Startup Réseau.
2024: SAWO Labs is poised for expansion, targeting Indian app publishers and developers