Saturday, June 22, 2024
HomeStart UpCybersecurity startup Technisanct raised fresh investment of ₹2 crores

Cybersecurity startup Technisanct raised fresh investment of ₹2 crores

Technisanct, a cybersecurity startup with a research center in Kochi, has opted to expand its workforce after receiving a Rs 2 crore investment. Shashidhar Pai (S3K Ventures), K T Chandy (Partner-EY), and Surabhi Marwah (Partner-EY) were among those who participated in the investment, according to the company. 

Technisanct, which offers managed services in digital risk management, recently received a Rs 22 lakh start-up grant from IIT Kanpur’s SIIC incubator as part of their inaugural batch of 13 cybersecurity start-ups chosen from across India, according to a press statement. 

Pai stated that cybersecurity has shown to be an urgent requirement, especially in light of recent events throughout the world.

“The commitment of Technisanct in securing cyberspace for its diverse clientele has been very impressive. We believe they will create a first-hand imprint in the industry with their avant-garde technology,” Pai said. 

Nandakishore Harikumar, CEO and Founder of Technisanct, said the investment received was significant since a brand’s or an individual’s digital security was most vulnerable. 

“The fresh capital would help us to scale up technological advancement by improving our AI capability in threat detection and data analytics,” Harikumar said.

Using big data and Integrite, a self-developed AI-powered digital risk monitoring platform, the company intends to eliminate cyber risks, privacy, and data breaches.

Subscribe To Newsletter

ICYMI

BRL Editor
BRL Editorhttps://businessreviewlive.com
Business Review Live covers finance, technology, travel, lifestyle, and everything in between through exclusive interviews and analysis, market statistics, digital video, and an expanded array of content formats.