Cybersecurity startup SecurWeave has raised Rs 2.8 lakh crore in a seed spherical led by IAN

Business Standard

SecurWeave, a cybersecurity startup that develops options in opposition to superior malware assaults, mentioned it has raised seed funding of Rs 2.8 lakh crore. The spherical was led by Indian Angel Community (IAN), with participation from outstanding buyers together with Romesh Sobti, Uday Chatterjee, Nagendra P Bandaru and Prakash.

The corporate mentioned it has confirmed its capabilities in each the personal and protection sectors in India and is now gearing up for world enlargement. The funding may also assist the corporate proceed to develop and deploy its cybersecurity options.

“With this strategic help, we’re capable of proceed pushing the boundaries of innovation in cybersecurity,” mentioned Dr. Prem Chand, CEO and Co-Founding father of SecurWeave.

The corporate operates from workspaces, together with IITMIC, IITM Pravartak Know-how Innovation Hub, NCoE, DSCI, Noida and NCR. SecurWeave is the primary firm to supply expertise able to detecting superior malware, providing a dual-use resolution relevant to each civilian and navy functions.

“SecurWeave’s technique and crew are effectively positioned to construct an incredible enterprise within the cybersecurity sector, and IAN seems to be ahead to supporting and mentoring this wonderful younger crew,” mentioned Padmaja Ruparel, co-founder of IAN.

First revealed: November 13, 2023 | 3:45 pm he

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