Indusface, a start-up providing IT security solutions, has received USD 5 million funding from Tata Capital Growth Fund II.
The funding will be used by Indusface for global customer acquisition and product innovation, Tata Capital said in a release.
"We believe that the cybersecurity market will continue to see significant growth as securing digital assets becomes a priority with the increased salience of digital business processes," Tata Capital Growth Fund's Managing Partner Akhil Awasthi said in the release.
After the transaction, Tata Capital Growth Fund Partner Pramod Ahuja will join the Indusface board.
Indusface solutions help customers in detecting security risks and protect them from being hacked.
TCGF II invests in companies that focus on urbanisation, discrete manufacturing and strategic services.
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app