About Induz
Induz is a company based in Hyderabad (India) founded in 2023 by Sreerama Mohan Gadam and Tirumalesh Chalamarla. Induz has raised $780 thousand across 1 funding round from investors including SanchiConnect and YourNest. The company has 1 employees as of March 26, 2024. Induz offers products and services including Zero Trust FIPS Solution and Data Security Innovations. Induz operates in a competitive market with competitors including Rubrik, Tenable, Varonis, Seclore and Intralinks, among others.
- Headquarter Hyderabad, India
- Employees 1 as on 26 Mar, 2024
- Founders Sreerama Mohan Gadam, Tirumalesh Chalamarla
- Stage Minicorn
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Sectors
Technology
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Phone
*********
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Website
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Social
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- Legal Name Induz Data Solutions Private Limited
- Date of Incorporation 12 Dec, 2023
- Jurisdiction Hyd, Telangana, India
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$780 K (USD)
in 1 rounds
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Latest Funding Round
$780 K (USD), Seed
Oct 22, 2024
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Investors
SanchiConnect
& 1 more
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Employee Count
1
as on Mar 26, 2024
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Products & Services of Induz
Induz offers a comprehensive portfolio of products and services, including Zero Trust FIPS Solution and Data Security Innovations.
Delivers innovative data security using Zero Trust and FIPS for enhanced protection.
Provides economical cybersecurity to keep data safe in AI-driven environments.
Funding Insights of Induz
Induz has successfully raised a total of $780K through 1 strategic funding round. The most recent funding activity was a Seed round of $780 thousand completed in October 2024. 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 1
- Last Round Seed — $780,000
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First Round
First Round
(22 Oct 2024)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2024 | Amount | Seed - Induz | Valuation | YourNest |
Investors in Induz
Induz has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include SanchiConnect and YourNest.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Early-stage DeepTech venture capital funding and support services in India.
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Founded Year | Domain | Location | |
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Accelerator programs and a deep tech community
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Founded Year | Domain | Location |
Investments & Acquisitions by Induz
Financial Statements - Induz
Induz Comparisons
Competitors of Induz
Induz 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 Rubrik, Tenable, Varonis, Seclore and Intralinks, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Converged data management solutions are provided for backup and recovery.
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| domain | founded_year | HQ Location |
Predictive vulnerability assessments are delivered via cloud-based monitoring.
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| domain | founded_year | HQ Location |
Cloud-based platform for data privacy and document sharing is offered.
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| domain | founded_year | HQ Location |
Enterprise data security software is provided for digital asset protection.
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| domain | founded_year | HQ Location |
Secure inter-enterprise file sharing and collaboration are enabled.
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| domain | founded_year | HQ Location |
Hosted payment gateways and PoS systems
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Frequently Asked Questions about Induz
Induz was founded in 2023 and raised its 1st funding round 1 year after it was founded.
Induz is headquartered in Hyderabad, India. It is registered at Hyderabad, Telangana, India.
Tirumalesh Chalamarla is the current CEO of Induz. They have also founded this company.
Induz is a funded company, having raised a total of $780K across 1 funding round to date. The company's 1st funding round was a Seed of $780K, raised on Oct 22, 2024.
As of Mar 26, 2024, the latest employee count at Induz is 1.
Induz was founded in 2023 in Hyderabad, India, as a cybersecurity firm. Zero trust and FIPS compliant solutions are offered for data protection. Services encompass confidential computing, identity and access management, and secure infrastructure designed for sensitive data handling. Integrated data delivery mechanisms are also supported to ensure operational security across various environments.
Induz offers Zero Trust FIPS Solution and Data Security Innovations.
Induz has 2 investors. Key investors include SanchiConnect, and YourNest.
The valuation of Induz is $3.98M as of Oct 2024.