Cybersecurity solutions provider Sequretek has secured $8 million in a series A funding round with leading investment from Omidyar Network India. These funds are earmarked for a multifaceted approach to enhance the company’s global operations and go-to-market strategies, as well as driving increased adoption of its cybersecurity solutions. The primary focus will be expanding market share and bolstering profitability within the small and medium businesses (SMB) segment.
Sequretek CEO Pankit Desai expressed their commitment to enhancing accessibility and awareness of integrated cybersecurity management for SMBs. He highlighted Sequretek’s remarkable achievements over the past decade, successfully introducing state-of-the-art AI-driven cybersecurity products to underserved sectors in India at cost-effective price points. Sequretek’s digital-plus working model has also demonstrated its potential in serving India’s growing SMB sector, which often lacks dedicated information security resources.
Shilpa Kumar, a partner at Omidyar Network India, commended Sequretek’s vision and execution in delivering cutting-edge AI-driven cybersecurity solutions to underserved sectors. She recognized the practical business viability in addressing the cybersecurity needs of the thriving Indian SMB sector.
These strategic investments will enable Sequretek to further solidify its position as a leading provider of cybersecurity solutions while reaching new heights in serving the SMB market.
That’s incredible news! Sequretek is making waves in the cybersecurity industry. They have recently secured an impressive ₹8 crore in series A funding, which is a major achievement. They are becoming a prominent player in the tech world, and I join you in sending my best wishes to the Sequretek team!
~ Dr Shishir Gupta founder & CEO of StartupLanes
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