Latest news with #CloudSEK
Time of India
26-05-2025
- Business
- Time of India
21 Indian startups raise $139.5 million this week
Indian startups raised USD 139.5 million this week across 21 deals -- reflecting continued investor confidence despite broader market uncertainties. This week's funding activity featured five growth-stage and 13 early-stage deals, with three startups choosing to keep their funding amounts private. Delhi-NCR emerged as the leading region with eight deals, followed by Bengaluru with four. Startups from Mumbai, Chennai, Bhubaneswar, and Ahmedabad also featured in this week's funding round-up. Fintech dominated the sector-wise distribution with three deals, followed by strong performances from e-commerce and media and entertainment. Other sectors like deep tech, AI, health tech, and cybersecurity also drew interest -- showcasing the wide appeal of India's tech landscape. Seed funding dominated this week with eight deals, followed by investments across Series A, B, and D stages, indicating that investors are actively backing both new ideas and scaling businesses. In the growth and late-stage segment, startups brought in USD 65.75 million. Healthtech startup CureBay led the charge with a Series B round backed by Bertelsmann India Investments. Cybersecurity firm CloudSEK followed with a USD 19 million Series B round, while electric vehicle maker Euler Motors raised USD 15 million in another tranche of its USD 60 million round. Fintech players Dvara KGFS and Borderless (Stockal) also secured funding. On the early-stage side, startups collectively raised USD 73.75 million. Among them, Mythik -- launched by entrepreneur Jason Kothari -- stood out with a USD 15 million seed round. Other early-stage winners included deep tech firm ALT Carbon, AI startup Biostate AI, and SaaS platform Data Sutram. However, PierSight, BlackCarrot, and The Sock Street did not disclose their funding amounts. The average funding over the past eight weeks stood at USD 216.99 million across 25 deals per week. Meanwhile, in the previous week, Indian startups collectively raised around USD 194.22 million across 28 deals. The funding in the last week included nine growth and late-stage rounds and 18 early-stage deals, while one startup chose not to disclose its funding amount.
Hans India
25-05-2025
- Business
- Hans India
21 Indian startups raise $139.5 million this week
Mumbai: Indian startups raised $139.5 million this week across 21 deals -- reflecting continued investor confidence despite broader market uncertainties. This week's funding activity featured five growth-stage and 13 early-stage deals, with three startups choosing to keep their funding amounts private. Delhi-NCR emerged as the leading region with eight deals, followed by Bengaluru with four. Startups from Mumbai, Chennai, Bhubaneswar, and Ahmedabad also featured in this week's funding round-up. Fintech dominated the sector-wise distribution with three deals, followed by strong performances from e-commerce and media and entertainment. Other sectors like deep tech, AI, health tech, and cybersecurity also drew interest -- showcasing the wide appeal of India's tech landscape. Seed funding dominated this week with eight deals, followed by investments across Series A, B, and D stages, indicating that investors are actively backing both new ideas and scaling businesses. In the growth and late-stage segment, startups brought in $65.75 million. Healthtech startup CureBay led the charge with a Series B round backed by Bertelsmann India Investments. Cybersecurity firm CloudSEK followed with a $19 million Series B round, while electric vehicle maker Euler Motors raised $15 million in another tranche of its $60 million round. Fintech players Dvara KGFS and Borderless (Stockal) also secured funding. On the early-stage side, startups collectively raised $73.75 million. Among them, Mythik -- launched by entrepreneur Jason Kothari -- stood out with a $15 million seed round. Other early-stage winners included deep tech firm ALT Carbon, AI startup Biostate AI, and SaaS platform Data Sutram. However, PierSight, BlackCarrot, and The Sock Street did not disclose their funding amounts. The average funding over the past eight weeks stood at $216.99 million across 25 deals per week. Meanwhile, in the previous week, Indian startups collectively raised around $194.22 million across 28 deals. The funding in the last week included nine growth and late-stage rounds and 18 early-stage deals, while one startup chose not to disclose its funding amount.
Entrepreneur
24-05-2025
- Automotive
- Entrepreneur
Startups Powering Ahead: This Week's Most Notable Investment Wins
Opinions expressed by Entrepreneur contributors are their own. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. India's startup ecosystem continues to boom, with innovative ventures across mobility, cybersecurity, entertainment, climate tech, biotech, and fintech securing impressive funding rounds this week. Each of these companies is tackling a unique global challenge with bold solutions and visionary leadership. Here's a look at the standout startups that raised significant capital between May 17 and May 23. Euler Motors Founded by Saurav Kumar in 2018, Euler Motors is an automotive OEM headquartered in New Delhi. The company focuses on electric commercial vehicles, primarily three- and four-wheelers. Its flagship product, the HiLoad EV, is touted as the most powerful electric three-wheeler in India. The recent launch of the StormEV, a four-wheeled light commercial vehicle equipped with ADAS, shows Euler's push towards advanced, eco-friendly mobility solutions. Funding Amount: USD 77 Million Investors: Hero MotoCorp, British International Investment (BII) CloudSEK Launched in 2015 by cybersecurity expert Rahul Sasi, Bengaluru-based CloudSEK provides AI-powered threat intelligence tools. Its platform helps enterprises identify and mitigate cyber threats before they escalate, offering real-time risk intelligence. With a growing demand for cybersecurity solutions, CloudSEK's predictive tools are vital for digital security. Funding Amount: USD 19 Million Investors: MassMutual Ventures, Inflexor Ventures, Prana Ventures, Tenacity Ventures, and others Mythik Mythik, a Mumbai-based entertainment-tech company, was founded in 2025 by Jason Kothari. Positioned as the "Disney from the East," Mythik aims to modernise and globalise Eastern mythology, folktales, and historical stories. Leveraging immersive technology, the company targets a global audience of over 3.5 billion people with rich cultural content. Funding Amount: USD 15 Million Investors: Sakal Media Group, BITKRAFT, Shah Rukh Khan's family office, and others including notable individuals like Jaynti Kanani and Saif Saeed Ghobash Alt Carbon Founded in 2023 by Shrey Agarwal and Sparsh Agarwal, Alt Carbon is a Bengaluru-based climate tech company. It uses Enhanced Rock Weathering (ERW)—spreading basalt rock dust on farmlands—to capture CO₂ and improve soil health. This scalable solution not only addresses climate change but also boosts crop yields, offering environmental and agricultural benefits. Funding Amount: USD 12 Million Investors: Lachy Groom, Shastra VC, Tanmay Bhat, Nakuul Mehta, and others Biostate AI Founded by David Zhang and Ashwin Gopinath, both former professors from Rice and MIT respectively, Biostate AI is bringing generative AI to molecular medicine. The US-based startup has developed affordable, high-throughput RNA sequencing technologies (like BIRT and PERD) to fuel an AI platform capable of decoding human diseases. Funding Amount: USD 12 Million Investors: Accel, Gaingels, InfoEdge Ventures, Dario Amodei, Emily Leproust, and more Data Sutram Established in 2018 by Rajit Bhattacharya, Ankit Das, and Aisik Paul, Data Sutram is a Mumbai-based AI startup focused on fraud detection and risk analysis for financial institutions. Their proprietary Trust Score scans digital footprints to identify fraud, synthetic identities, and collusion, helping clients manage compliance and mitigate risk. Funding Amount: USD 9 Million Investors: B Capital, Lightspeed These startups showcase the depth and dynamism of the Indian and global tech ecosystem, with each venture addressing pressing issues—from sustainable mobility and climate change to storytelling and molecular diagnostics. Their successful funding rounds not only validate their innovative approaches but also set the stage for impactful growth in their respective industries.
Yahoo
20-05-2025
- Business
- Yahoo
CloudSEK secures $19m to advance AI-driven cyber threat intelligence
CloudSEK, an AI-powered cyber threat prediction and intelligence company, has secured $19m through its Series A2 and B1 funding rounds. The funding round saw contributions from India and US-based investors, including MassMutual Ventures, Inflexor Ventures, Prana Ventures, Tenacity Ventures, and strategic investors such as Commvault. CloudSEK's earlier backers, including Meeran Family (founders of Eastern Group), StartupXSeed, Neon Fund, and Exfinity Ventures, continue to lend their support to the company's vision. The company was established in 2015 by cybersecurity researcher-turned-entrepreneur Rahul Sasi, with a vision to build a safer digital future by predicting and mitigating cyber threats proactively. The company is claimed to have evolved into a trusted threat intelligence platform, serving over 250 enterprises across various sectors including banking, technology, and the public sector. The newly secured capital will facilitate CloudSEK's continued product innovation and global expansion. The company focuses on advancing its AI models and platform integrations to enhance its threat prediction capabilities. Unlike traditional tools, CloudSEK identifies initial attack vectors, such as leaked credentials and exposed APIs, to prevent breaches. CloudSEK co-founder & CEO Rahul Sasi said: 'We built CloudSEK to predict the initial attack vector and stop threats before they hit the headlines with the goal of preventing threats before they escalate.' 'Unlike conventional threat intelligence that focuses on indicators of compromise after an attack, our platform detects the earliest signals—leaked credentials, exposed APIs, compromised vendors—weeks before an incident unfolds. That's our version of threat intelligence: predictive, not forensic. 'Today, over 60% of our net new revenue comes from international markets, with the U.S. emerging as our fastest-growing region. We've achieved this scale while staying cash flow positive. This round—backed by top financial and strategic investors—not only validates our vision but reinforces what we've believed from day one: cybersecurity must be proactive, not reactive.' CloudSEK VP of Finance Kalyan Kumar Vattipalli said: 'CloudSEK has grown 3x in ARR over the last 24 months and continues to grow well above industry standards.' 'The round attracted significant interest from global financial investors, and we will soon be announcing Series B2 as an extension of B1, both to onboard new investors and to facilitate partial exits for some of our early backers.' "CloudSEK secures $19m to advance AI-driven cyber threat intelligence" was originally created and published by Verdict, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Mint
20-05-2025
- Business
- Mint
Cybersecurity startup Cloudsek raises $19 million in funding
Cybersecurity firm CloudSEK has raised $19 million across Series A2 and B1 funding rounds, the startup said in a statement on 20 May. The latest round saw participation from a mix of India- and US-based investors, such as MassMutual Ventures, Inflexor Ventures, Prana Ventures, Tenacity Ventures, and select strategic investors, including Commvault. Notably, Meeran Family (founders of Eastern Group), StartupXSeed, Neon Fund, and Exfinity Ventures, the statement said. The company is expected to announce a Series B2 round as an extension to the current B1. It plans to bring new investors on board and facilitate partial exits for some of its early backers. Founded in 2015 by cybersecurity researcher-turned-entrepreneur Rahul Sasi, CloudSEK was created with a mission to build a safer digital future by proactively predicting and mitigating cyber threats. "What began as a research-driven initiative has since evolved into one of the industry's most trusted threat intelligence platforms—serving 250+ enterprises across banking, healthcare, technology, and the public sector, the statement said. The Bengaluru-based company previously raised $4.1 million and $7 million in 2023 and 2021, respectively, according to data from market intelligence platform Tracxn. The newly-raised capital will fuel CloudSEK's continued product innovation and global expansion, with a focus on advancing its AI models and platform integrations. Unlike traditional tools that respond after an incident, CloudSEK identifies Initial Attack Vectors (IAVs)—the earliest signs of a potential breach, such as leaked credentials, exposed APIs, or compromised vendors. 'We built CloudSEK to predict the initial attack vector and stop threats before they hit the headlines with the goal of preventing threats before they escalate.' said Rahul Sasi, Co-founder & CEO of CloudSEK. We built CloudSEK to predict the initial attack vector and stop threats before they hit the headlines with the goal of preventing threats before they escalate. CloudSEK serves more than 250 clients across segments such as banking, healthcare, technology and the public sector. 'With this funding and a strategic investor on board, CloudSEK is doubling down on its vision to make predictive threat intelligence a global cybersecurity standard for —empowering organizations to stay ahead of increasingly sophisticated threat actors,' the statement said.
