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Prikus Tech, a Bengaluru-based cybersecurity startup, has raised $6.2 million in seed funding. The round was led by Accel India, with participation from Nexus Venture Partners, Better Capital, and January Capital.
Prikus Tech was founded in 2018 by Rahul Agarwal and Akash Agarwal. The company provides a platform that uses artificial intelligence to detect and prevent cyberattacks. Prikus Tech’s platform is used by businesses of all sizes, including startups, scale-ups, and enterprises.
The funding from this round will be used to accelerate Prikus Tech’s growth. The company plans to use the funds to hire more engineers, expand its sales and marketing efforts, and develop new products.
In a statement, Rahul Agarwal said: “We are excited to partner with Accel India, Nexus Venture Partners, Better Capital, and January Capital. This funding will help us accelerate our growth and make Prikus Tech the leading provider of cybersecurity solutions in India.”
The investment in Prikus Tech is a sign of the growing demand for cybersecurity solutions in India. The Indian cybersecurity market is expected to grow to $35 billion by 2025.
Prikus Tech is well-positioned to capitalize on the growth of the market. The company has a strong team of experienced engineers, and its platform is already being used by some of the biggest businesses in India.
