
‘AI platform integrations pose cybersecurity risks': Rubrik CEO Bipul Sinha
It has been a busy year for Palo Alto-based Rubrik that went public in April 2024. The Microsoft-backed cybersecurity firm is now busy making inroads into India with a new office in Bengaluru. Co-founder and CEO Bipul Sinha spoke exclusively to The Hindu about the company's plans to build trust into India's digital services, security fears around AI agents and what the Google-Wiz deal means for the sector.
Edited excerpts:
The Hindu: How prepared is India to handle cyber attacks and what role does Rubrik play in this regard?
Bipul Sinha: It's clear that the future is going to be all about digital services which can only be successful if people trust it. Meaning, if someone tries to call a doctor and the app isn't working because of a cyberattack, people will lose trust. Or if a cyberattack has taken place and when you try to contact a service there's a middle man who is spoofing user data and impersonating the provider, there's again a loss of trust. So, building digital trust, integrity and availability of the application is critical for digital transformation in India. All Indian organisations like banks and financial institutions especially have to be prepared for cyberattacks considering the geo-political situation and potential cross-border activities. This is what Rubrik will be helping with in India.
TH: What's your view on India's talent pipeline in cybersecurity?
BS: The Indian market on the whole is software B2B-aligned but we're building scale for expertise in cybersecurity. In the near future, there will be a lot of companies coming to India, and a lot of talent upskilling will happen. I believe the future is bright and India could become a hub for hiring in cybersecurity.
TH: There's intense competition in the cybersecurity industry. What is Rubrik's differentiating factor?
BS: If you look at our 2025 fiscal results, we grew at a very fast pace - almost 39% of growth at around $1.1 billion in Annual Recurring Revenue (ARR). We also created positive cash flow for the whole year, as well as had a positive contribution margin. So, there's tremendous progress, both in terms of the high top-line growth at scale as well as profitability. This is a direct result of us winning the cyber resilience market. We have a unique architecture and product essentially which sets us apart as the only company that brings data identity on a cyber resilience platform and cyber recovery together.

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Hindustan Times
35 minutes ago
- Hindustan Times
MMRDA seeks full financial breakdown from L&T after scrapping Thane-Bhayander twin projects
Mumbai: Days after scrapping tenders for two major infrastructure projects—the Thane-Ghodbunder Road tunnel and the Ghodbunder-Bhayander elevated road—the Mumbai Metropolitan Region Development Authority (MMRDA) has asked construction giant Larsen & Toubro (L&T) to submit a complete breakdown of its financial estimates. The move follows a legal tussle between L&T and the MMRDA over the awarding of the ₹15,182.87 crore contracts to Hyderabad-based Megha Engineering and Infrastructure Limited (MEIL). L&T had challenged the MMRDA's decision in the Bombay High Court and subsequently in the Supreme Court, alleging it had been unfairly disqualified despite submitting bids that were collectively ₹3,130 crore lower than MEIL's. In a letter dated Tuesday, MMRDA has asked L&T to furnish detailed financial documents related to both projects. These include calculation sheets, explanatory notes, rate analysis, and justifications submitted as part of the original bid. A copy of the letter reviewed by Hindustan Times shows that the MMRDA intends to archive the documents as part of official records and for transparency in the tendering process. According to L&T's bid, the firm had quoted ₹12,052 crore for both projects— ₹5,554 crore for the elevated road and ₹6,498 crore for the tunnel. In comparison, MEIL's winning bid amounted to ₹15,182.87 crore, with ₹9,019.53 crore for the elevated road and ₹6,163.34 crore for the tunnel. The projects are part of MMRDA's broader road expansion initiative and are seen as critical extensions of the Mumbai Coastal Road. The first involves construction of twin tunnels spanning 5.7 km between Gaumukh and Fountain Hotel junction on Thane Ghodbunder Road. The second entails an 11.42 km elevated road connecting Ghodbunder Road to Bhayander, including a bridge over the Vasai Creek. The tendering process began in July 2024. L&T submitted its technical bid in December, which was opened on January 1, 2025. However, in May, the company learned it had been excluded from the financial bidding round. Though the Bombay High Court initially stayed the opening of the financial bids, it later ruled against L&T on May 20, prompting the firm to escalate the matter to the Supreme Court. Originally slated for completion by the end of 2028 and opening to traffic in early 2029, both projects now face delays of at least six months due to the ongoing legal dispute.


Mint
an hour ago
- Mint
Stocks to buy under ₹100: Experts recommend five shares to buy today — 12 June 2025
Stocks to buy under ₹ 100: The Indian stock market continued to trade volatile for the sixth straight session on Wednesday. The Nifty 50 index ended higher for the sixth straight session and finished at 25,141. The BSE Sensex gained 123 points and closed at 82,515, while the Bank Nifty index went off 169 points and closed at 56,459. Sectorally, oil & gas, IT, and pharma were the major gainers, demonstrating strength even in a consolidating market. However, Nifty PSU Banks, FMCG, and metal sectors ended the day in the red. In a change from recent trends, the Nifty Mid-cap and Small-cap indices broke their winning streak today. The Nifty Mid-cap 100 Index fell by 0.49%, while the Nifty Small-cap 100 Index went down by 0.53%. However, market breadth remained decisively positive, with advancing stocks significantly outpacing declining ones, as indicated by a BSE advance-decline ratio of 1.24. On the outlook of the Indian stock market today, Siddhartha Khemka, Head of Research — Wealth Management at Motilal Oswal, said, "Looking ahead, market participants will closely track key economic data points, with US CPI data released on Wednesday, followed by the UK GDP print and India's CPI inflation reading, due on Thursday. Positive developments on the US-China trade front and the India-EU FTA could influence sentiment and set the tone for near-term market direction." Speaking on the outlook of the Nifty 50 today, Shiju Kuthupalakkal, Senior Manager of Technical Research at Prabhudas Lilladher, said, "The Nifty 50 index, after consolidating since the last two days, witnessed a volatile session with the initial half progressed ahead to scale the 25,200 zones while post-lunch session succumbed to profit booking to end near the 25,150 level with sentiment slightly turning cautious. The index has the 25,000 zones as the near-term support, while on the upside, the 25,500 level can be expected in the coming sessions once there is a breach above the hurdle of 25,200 levels, with overall bias maintained strong." "The Bank Nifty index has witnessed another session of profit booking to slip further from the peak made near the 57,000 zone, and with the 55,800 to 56,000 band maintained as the important support from the current level, the index is still in the strong territory but would need a decisive breach above the 57,000 level to anticipate for fresh upward move in the coming days to maintain the positive bias intact," Shiju Kuthupalakkal said. Regarding stocks to buy today, market experts Vaishali Parekh, Vice President of Technical Research at Prabhudas Lilladher; Mahesh M Ojha, AVP—Research at Hensex Securities; Sugandha Sachdeva, Founder of SS WealthStreet; and Anshil Jain, Head of Research at Lakshmishree Investment and Securities, recommended these five intraday stocks: Lloyds Enterprises, NMDC Steel, Sterlite Technologies, Fedders Holding, and Ugar Sugar Works. 1] Lloyds Enterprises: Buy at ₹ 73, Target ₹ 83, Stop Loss ₹ 70. 2] NMDC Steel: Buy at ₹ 40 to ₹ 41, Targets ₹ 42.40, ₹ 43.80, ₹ 46, Stop Loss ₹ 38.80; and 3] Sterlite Technologies: Buy at ₹ 76.50 to ₹ 77, Targets ₹ 78.50, ₹ 80, ₹ 82, ₹ 85, Stop Loss ₹ 74.60. 4] Fedders Holding: Buy at ₹ 50, Targets ₹ 53, ₹ 54.80, Stop Loss ₹ 48.40. 5] Ugar Sugar Works: Buy at ₹ 51, Target ₹ 58, Stop Loss ₹ 48 (Closing Basis).


Hans India
an hour ago
- Hans India
11 Years Of NDA Rule: India's infra boom driving ‘Ease of Living', says Modi
New Delhi: Prime Minister Narendra Modi on Wednesday said it has been 11 years of infrastructure revolution and asserted that India's rapidly expanding infrastructure network is boosting 'Ease of Living' and enhancing prosperity. "It's been #11YearsOfInfraRevolution, with outstanding infrastructure being added that has enhanced India's growth trajectory," Modi said on X. From railways to highways, ports to airports, India's rapidly expanding infrastructure network is boosting 'Ease of Living' and enhancing prosperity, the PM said. Modi shared a thread from a government's citizen engagement platform that highlighted new India's infrastructure development over the last 11 years. "Smart Cities. Safer Roads. Smoother Commutes- #NewIndia's Infrastructure Promise. India's infrastructure is racing into the future under PM @narendramodi's leadership," the post on the MyGovIndia read. "It's a journey where steel and spirit merge, and each milestone carries the hopes of a billion. Highways that shorten distances, bridges that unite communities, and digital networks that spark innovation - India is building more than infrastructure. It's building confidence, connectivity and a beautiful canvas for every Indian dream," it said. The thread highlighted that the momentum shift isn't just about progress - it's about a promise to uplift every citizen and transform India's future. In another post, Modi said, "India's push for next-gen infrastructure is powered by sustainability and long term vision." It is laying the foundations of a self-reliant India, he said.