#### **Overview** 63 Moons Technologies Ltd. (formerly Financial Technologies India Ltd.) is a leading Indian public limited company headquartered in Mumbai, with operational presence in Chennai. It has evolved from a core financial technology (fintech) product provider into a diversified technology innovation enterprise. With over two decades of experience in pioneering intellectual property (IP) for financial markets, the company is now strategically repositioning itself as a **pioneer in next-generation technologies**, including **Web3, cybersecurity, LegalTech, artificial intelligence, blockchain, and digital assets**. --- ### **Strategic Transformation: From Fintech to Emerging Technologies** Since 2022, 63 Moons has undergone a transformative shift under its **"FTIL 3.0"** vision, moving beyond traditional exchange and brokerage technology to become a cutting-edge technology player in high-growth digital sectors. Key pillars of this transformation include: - **Web3 & Blockchain (3.0 Verse)** - **Cybersecurity (63SATS)** - **Legal Technology (QiLegal)** - **AI and Machine Learning integration across core platforms** This pivot reflects the company’s ambition to capture opportunities in trillion-dollar global emerging technology markets. --- ### **Core Business Segments & Strategic Initiatives** #### **1. Cybersecurity (63SATS – "The Gold of the Digital Economy")** Launched in **2024**, **63SATS** is a dedicated strategic business unit and subsidiary focused on **multi-layered cybersecurity solutions** for individuals, enterprises, and government/critical infrastructure. **Product Suite:** - **CYBX™**: India’s first comprehensive **consumer mobile security app** with over 90 security features. Targets 800 million mobile users and 5 million SMEs. - **Cyber Security Force (CSF)**: Enterprise-grade protection offering EDR, XDR, cloud security, identity access management, AI-based fraud detection, and penetration testing. - **Cyberdome™**: Military-grade cyber defense system designed to protect **public infrastructure and defense networks** against state-sponsored and advanced persistent threats (APTs). **Key Strengths:** - Powered by **25 years** of experience in securing high-frequency financial transaction systems. - Partnerships with **10 top global cybersecurity firms** including Morphisec (Israel), Zimperium (USA), Blackberry, Cloudwize, Resecurity, and Trojan Hunt India. - Offers **reseller agreements** with global providers and provides forensic, compliance, and red-team assessment services. **Go-to-Market Strategy:** - Nationwide **franchise model** launched in May 2024 to expand distribution. - Pan-India outreach to SMBs, enterprises, and government agencies. **Market Opportunity:** - Indian cybersecurity market projected to grow to **₹1 lakh crore (~$12 billion) by 2029**. --- #### **2. LegalTech (QiLegal)** Launched in **December 2023**, **QiLegal** is a **cloud-based digital legal platform** aimed at transforming India’s justice delivery system. **Platform Features:** - **QiCase**: Case and matter management. - **QiContract**: Smart contract lifecycle management. - **QiSearch**: AI-powered legal research. - **QiGPT**: Generative AI for legal drafting, opinions, and advisory. - Online Dispute Resolution (ODR) and Virtual Courts. - Client management and workflow automation tools. **Mission:** - Digitize India’s legal ecosystem and improve **access to justice**. - Deploy scalable solutions for law firms, corporates, regulators, and judicial bodies. **Growth Strategy:** - Expansion via **franchise network** across India. - Targeting both private and public sector legal functions. --- #### **3. Web3 & Digital Assets (3.0 Verse Ecosystem)** Launched under **Ticker Limited**, a subsidiary, **3.0 Verse** is the company’s flagship Web3 venture, aiming to build a **global super-app for digital asset creation and trading**. **Components of 3.0 Verse:** - **3.0 Verse App**: Enables trading on centralized & decentralized exchanges with features like arbitrage, stop-loss, and price alerts. - **3.0 University**: Offers job-oriented certification programs in **blockchain, AI, and cybersecurity**. - **3.0 TV**: A media platform for global audiences on Web3, metaverse, and digital future trends. - **Digital Tokenization**: Enables **fractional ownership**, reduced transaction cost, and increased liquidity in real-world assets. **Global Expansion:** - Dubai-based subsidiary forging strategic alliances with **royal families in Abu Dhabi, Dubai, and Ras Al Khaimah**. - Focus on expanding across the Middle East and globally. --- ### **Established Technology Divisions** #### **A. Exchange Technology Division** - Provides **mission-critical exchange infrastructure** to **Metropolitan Stock Exchange of India (MSEI)** and earlier supported **MCX** (Multi Commodity Exchange). - **ETFPS (Exchange Technology Framework Product Suite)**: End-to-end, multi-asset, multi-currency, and cross-border trading system. - Scalable, robust, and cost-efficient platform compliant with evolving regulatory and market demands. **Recent Developments:** - MSEI continues as key client. - Generated **initial revenue in FY24–25** from a new prestigious client for its marketplace technology. - Exploring new applications for talent and IP post-MCX contract loss in 2022. --- #### **B. Brokerage Technology Solutions (BTS)** - Flagship product: **ODIN**, a dominant brokerage trading terminal in India with **~75% market share** in retail broking. - Supports **2+ million trading terminals** across web, mobile, and TWS platforms. - Powers seamless trading for major Indian exchanges during high-stress periods (e.g., pandemic). **Innovation Highlights:** - **ODIN Aero**: Browser-based, next-gen trading platform (launched 2020). - **ODIN CONNECTOR**: Cloud-based multi-broker API for fintechs to embed trading services. - Investment in **cloud-native, SaaS-based upgrades** to improve scalability and reduce TCO. **Challenges:** - Declining profitability due to rising employee costs and aging tech stack. - Divestment attempt for **MATCH, Other Services and Components** business received limited interest due to legacy risks and cost issues. --- #### **C. Risk Solutions Division** - Serves **BFSI sector** with solutions in risk management, regulatory reporting, data collection, and capital computation. **Flagship Products:** - **DataCollector (DC)**: - Cloud-based, GDPR-compliant data flow management platform. - Deployed for **Indian and global regulators** (including central banks). - Positioned as **Enterprise Information Resource Planning (EIRP)** software. - Enhanced with **OCR, AI/ML, and blockchain** integration. - Actively marketed to **Middle East, Africa, and Latin America**. - **Automated Data Flow (ADF)**: - Used by housing finance regulator to collect data from **HFCs**. - Deployed for **>12 HFCs** in FY25; data validation tool widely adopted. - Integrated analytical dashboards and early warning systems. - **Value at Risk (VaR) Engine**: - Python-based, **high-speed computation** for large portfolios. - Upgraded with **Stressed VaR module** for regulatory compliance. - **Learning Management System (LMS) – In Development**: - PoC completed in 2025; **awaits management approval**. - Allows **infinite practice variations** on topics. - Features **anti-paper-leak architecture** – aims to unlock large exam/education market. - **New Developments:** - Building **standalone IRRBB (Interest Rate Risk in Banking Book)** solution per RBI 2023 guidelines. - Bidding on **international tenders** with global system integrators. --- ### **Corporate Structure & Subsidiaries** 63 Moons owns a diverse portfolio of subsidiaries, reflecting its strategic diversification: - **Ticker Limited**: Web3, blockchain, digital assets - **Ticker Data Limited** (acquired 2022) - **FT Knowledge Management Company Limited** - **National Spot Exchange Limited (NSEL)** - **3.0 Verse Limited** - **ICX Platform (Pty) Ltd** (South Africa), **Three O Verse Global IT Services L.L.C** (Dubai) - **Financial Technologies Singapore Pte Limited** Some subsidiaries are under **liquidation**, indicating ongoing portfolio rationalization. > **Note on NSEL Resolution**: In 2025, the company reached a **proposed One-Time Settlement (OTS) of ₹1,950 crore** related to the **decade-long NSEL crisis**. Management views this as a **historic resolution**, expected to lift a long-standing legal and reputational burden and unlock future growth. --- ### **Technology & Innovation Roadmap** 63 Moons is integrating **generative AI, blockchain, and machine learning** into its core platforms (ODIN, DataCollector, Riskalculator). Collaborations include: - **Darktrace Antigena**: AI-driven email security deployed in 2021. - **AWS, Microsoft Azure, Google Cloud**: Evaluation for global deployments (e.g., Spuma SRL project). - **JS Innovation Lab**: Aims to deliver **108 digital, disruptive, patentable innovations** across 12 verticals (including SpaceTech, AgriTech, IoT, SMAC). **Recent Partnership:** - Collaborating with **Spuma SRL** to build a **pan-European digital marketplace** for revitalized goods using **smartchain technology**, with PoC underway in Italy.