About Indusface
Indusface is a company based in Vadodara (India) founded in 2012 by Nandini Tandon, Venkatesh Sundar, and Ashish Tandon.. Indusface has raised $5.05 million across 4 funding rounds from investors including Tata Capital, Tata Capital Growth Fund and Harmeet Bedi. The company has 143 employees as of June 30, 2023. Indusface offers products and services including AppTrana WAAP Platform, Indusface WAS Platform, and SSL Certificates. Indusface operates in a competitive market with competitors including Akamai, Signal Sciences, Avi Networks, Botguard and Patchstack, among others.
- Headquarter Vadodara, India
- Employees 143 as on 30 Jun, 2023
- Founders Nandini Tandon, Venkatesh Sundar, Ashish Tandon
- Stage Minicorn
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
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Annual Revenue
$7.27 M (USD)24as on Mar 31, 2024
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Net Profit
$17.19 K (USD)101as on Mar 31, 2024
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EBITDA
$112.04 K (USD)109as on Mar 31, 2024
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Total Equity Funding
$5.05 M (USD)
in 4 rounds
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Latest Funding Round
$5 M (USD), Series A
Apr 21, 2020
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Investors
Tata Capital
& 2 more
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Employee Count
143
as on Jun 30, 2023
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Products & Services of Indusface
Indusface offers a comprehensive portfolio of products and services, including AppTrana WAAP Platform, Indusface WAS Platform, and SSL Certificates. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
AI-powered platform for protecting applications against DDoS and vulnerabilities.
Fully managed tool for scanning websites and APIs for security threats.
Provides support for installation and renewal of digital certificates.
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Funding Insights of Indusface
Indusface has successfully raised a total of $5.05M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $5 million completed in April 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 4
- Last Round Series A — $5.0M
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First Round
First Round
(20 Mar 2014)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2020 | Amount | Series A - Indusface | Valuation | Tata Capital Growth Fund , Tata Capital |
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| Apr, 2016 | Amount | Angel Round - Indusface | Valuation | Harmeet Bedi |
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| Jun, 2015 | Amount | Angel Round - Indusface | Valuation | Harmeet Bedi |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Indusface
Indusface has secured backing from 3 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Tata Capital, Tata Capital Growth Fund and Harmeet Bedi. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Growth capital fund sponsored by the Tata group, focusing on investments and portfolio management.
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Founded Year | Domain | Location | |
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Diversified non-banking financial services are provided by Tata Capital.
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Founded Year | Domain | Location | |
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HB
Harmeet Bedi |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Indusface
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Indusface
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Indusface Comparisons
Competitors of Indusface
Indusface operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Akamai, Signal Sciences, Avi Networks, Botguard and Patchstack, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of cloud and AI based CDN management software
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| domain | founded_year | HQ Location |
Cloud-based WAF and RASP platform is offered for website security.
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| domain | founded_year | HQ Location |
Application Delivery Controller and WAF for on-premise and cloud applications
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| domain | founded_year | HQ Location |
Cloud-based website security solutions are provided by Botguard.
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| domain | founded_year | HQ Location |
Provider of WordPress security vulnerability mitigation solutions
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Indusface
Frequently Asked Questions about Indusface
When was Indusface founded?
Indusface was founded in 2012 and raised its 1st funding round 2 years after it was founded.
Where is Indusface located?
Indusface is headquartered in Vadodara, India. It is registered at Vadodara, Gujarat, India.
Who is the current CEO of Indusface?
Ashish Tandon is the current CEO of Indusface. They have also founded this company.
Is Indusface a funded company?
Indusface is a funded company, having raised a total of $5.05M across 4 funding rounds to date. The company's 1st funding round was a Angel Round of $17.34K, raised on Mar 20, 2014.
How many employees does Indusface have?
As of Jun 30, 2023, the latest employee count at Indusface is 143.
What is the annual revenue of Indusface?
Annual revenue of Indusface is $7.27M as on Mar 31, 2024.
What does Indusface do?
Indusface was founded in 2012 in Vadodara, India, as a provider in the cybersecurity sector. A suite of SaaS-based solutions for application security and compliance is offered, including web application penetration testing to identify vulnerabilities and malware. Services also encompass an application firewall and PCI compliance assessments, supporting systems across various industries. Operations focus on protecting digital assets from threats.
Who are the top competitors of Indusface?
Indusface's top competitors include Akamai, Signal Sciences and Avi Networks.
What products or services does Indusface offer?
Indusface offers AppTrana WAAP Platform, Indusface WAS Platform, and SSL Certificates.
Who are Indusface's investors?
Indusface has 3 investors. Key investors include Tata Capital, Tata Capital Growth Fund, and Harmeet Bedi.
What is Indusface's valuation?
The valuation of Indusface is $13.07M as of Apr 2020.
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