India’s cybersecurity innovation is going global! Protect AI | The Platform for AI and ML Security ’s Rs 76 crore Series A raise exemplifies how Indian-founded deep-tech startups can build globally competitive solutions for one of the most critical digital challenges.
What is the news?
- Protect AI | The Platform for AI and ML Security , a Mobile Threat Defense (MTD) cybersecurity startup, has raised Rs 76 crore in Series A funding led by Bessemer Venture Partners
- Founded by Manish Mimani and Maharraj Selvaraj, the startup specializes in next-generation mobile app, device, and transaction security solutions
- The capital will fuel their global expansion into key markets like the U.S., Middle East, and APAC, showcasing the India-to-global scaling trajectory.
Why is it interesting?
- As mobile-first economies expand globally, Protect AI | The Platform for AI and ML Security ‘s AI-powered approach to mobile security addresses a massive market need while demonstrating India’s capability to pioneer advanced cybersecurity solutions
- Their platform already protects over 300 million smartphones, processes 2 billion+ mobile app sessions monthly, and prevents 200 million+ cyber threats and fraud events every month
- Their client roster spans banking, insurance, fintech, and government sectors.
Read more: Mobile app cybersecurity and fraud control platform Protectt.ai raises Rs 76 crore in funding