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TraQiQ leverages large field force to process over 1 million verification transactions.

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Bellevue WA, June 08, 2021 (GLOBE NEWSWIRE) -- TraQiQ, Inc. (OTC QB: TRIQ) (the "Company" or "TraQiQ"), a leading provider of last mile solutions announced today that its subsidiary, Mimo-Technologies, has been growing rapidly in a new Service area – Background Verifications. The company has completed 1 million+ verifications in record time.

With a ground presence of 14,000+ task associates and a robust mobile app, Mimo has set the bar high as a background verification service provider. The company is expanding rapidly with its large field force of highly trained ‘gig’ workers fulfilling tasks across India.

Mimo offers all-inclusive background check services with high levels of transparency to provide customers with the most reliable and up-to-date details. Their offering in this segment includes Address Verification, Document Verification, Financial Verification, Background Checks, Identity Verification, and Employee Verification. The verification process typically includes an in-person visit from a task associate. This can also include audio or video interaction depending on the nature of the requirement.

Mimo uses cutting-edge technology to provide dependable and accurate background check services which include real-time monitoring of data.

“Mimo has been our verification partner for the past 3 years and has delivered exceptional service. Mimo will continue to be our preferred verification partner even in future”, said Mayur Pitale, Business Head for India at Verify360.

“The Mimo team is laser focused on providing the highest level of service. Our customers in India and overseas expect us to deliver results in minutes & hours. We are very proud of our network. Our Task Associates work diligently to make sure that every customer requirement is handled with the utmost professionalism” said Lathika Regunathan, President of Mimo. “With verification services needed in each segment of the industry, this market has immense potential and Mimo is well equipped to handle this surge both locally, and globally.”

About TraQiQ, Inc.

TraQiQ, Inc. is a global technology company with a suite of products designed to help identify customers, facilitate transactions/payments, and fulfill/deliver transactions. TraQiQ’s Mimo subsidiary provides delivery and task worker solutions across India. Mimo works with Banking, Financial, Logistics & Distribution companies, to take their products & services to semi-urban and rural India. For more information visit https://www.TraQiQ.com/. More information about the Verification service is available at https://Mimo-technologies.com/background-verification-services-in-india/

Additional TraQiQ statement

The company diligently posts updates through videos from the official company’s YouTube channel
https://www.youtube.com/channel/UCxGjqDd7jwB-0qo1_o3isrw

Please join the conversation on our TraQiQ supporter’s telegram group at https://t.me/traqiq

Cautionary Note Regarding Forward-Looking Statements

Statements contained herein that are not based upon current or historical fact are forward-looking in nature and constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements reflect the Company's expectations about its future operating results, performance and opportunities that involve substantial risks and uncertainties. The potential risks and uncertainties include, among others, that the reverse stock split may not have the intended benefits, that the Company may not meet applicable NASDAQ Capital Market requirements necessary for listing and/or NASDAQ may not approve the Company's listing application; and any capital raises. These statements are based upon the current beliefs and expectations of the Company's management and are subject to significant risks and uncertainties, including those detailed in the Company's filings with the Securities and Exchange Commission. Actual results, performance, prospects, and opportunities to may differ materially from those set forth in, or implied by, the forward-looking statements.

For inquiries:

TraQiQ, Inc.
Tel: +1 425-818-0560
Email: ir@TraQiQ.com

SOURCE TraQiQ, Inc.