Pantherun

Bengaluru, India Founded: 2019 • Age: 7 yrs Minicorn
Encryption, industrial Ethernet, and IoT products and solutions are provided.

About Pantherun

Pantherun is a Technology company based in Bengaluru (India) founded in 2019 by Srinivas Shekar. Encryption, industrial Ethernet, and IoT products and solutions are provided. Pantherun has raised $18.6 million across 6 funding rounds from investors including Faad Capital, Beyond Next Ventures and SIDBI Venture Capital. Pantherun was last valued at $26.36 million in July 2024. Its chief executive, as recorded, is Srinivas Shekar. Its website pantherun.com draws about 22 thousand monthly visits. Its Indian entity Pantherun Technologies Private Limited reported revenue of ₹3.15 Cr. Pantherun offers products and services including AES Encryption IP, L2 Industrial Ethernet Switches, L3 Industrial Ethernet Switches, and Configurable IoT Gateway. Its focus areas include Enterprise Infrastructure, Enterprise Networking, Network Equipment and Switches.

Company details

Pantherun was founded in 2019 in Bengaluru, India, as a provider of encryption, industrial Ethernet, and IoT products. Encryption IP, Ethernet switches, gateways, converters, and remote terminal units are supplied for applications in industrial safety, control systems, railways, defense, and drone communications. Compact designs with wide temperature ranges and field-enhanceable platforms are utilized to support rugged industrial environments. Operations focus on sectors requiring reliable connectivity and security.

  • Headquarters Bengaluru, India
  • Founders Srinivas Shekar
  • Stage Minicorn
  • Sectors
    Technology
  • Email
    ••••••••
  • Phone
    •••• ••••
  • Website pantherun.com
  • Social LinkedIn YouTube
  • Legal Name Pantherun Technologies Private Limited
  • Date of Incorporation 25 Sep, 2019
  • Jurisdiction Bangalore, Karnataka, India
Key Metrics
  • Annual Revenue
    ₹3.15 Cr

    FY 2025 · +214% YoY

  • Net Loss
    -₹27.36 Cr

    FY 2025 · -870% margin

  • EBITDA
    -₹26.73 Cr

    FY 2025 · -849% margin

  • Total Equity Funding
    $18.6M (USD)

    in 6 rounds

  • Latest Funding Round
    $12M (USD), Series A

    Oct 2025

  • Investors

Products & Services of Pantherun

Pantherun offers a comprehensive portfolio of products and services, including AES Encryption IP, L2 Industrial Ethernet Switches, L3 Industrial Ethernet Switches, and Configurable IoT Gateway.

AES Encryption IP
Encryption Software

Enables secure TCP/IP communication using AI for uncrackable data protection.

L2 Industrial Ethernet Switches
Networking Hardware

Offers gigabit switching for industrial controls and secure communications.

L3 Industrial Ethernet Switches
Networking Hardware

Provides advanced routing for railways and smart city applications.

Configurable IoT Gateway
IoT Devices

Facilitates wireless connectivity for industrial monitoring and data transfer.

Apps and channels of Pantherun

its YouTube channel Pantherun Technologies has 88 subscribers and 6 videos.

Pantherun Technologies
YouTube 88 subscribers 6 videos Science & Technology
Open channel

Videos from Pantherun

The most watched videos on Pantherun's YouTube channel, Pantherun Technologies (88 subscribers). Click a video to play it here.

AES Encryption demo of AMD-Xilinx FPGA
412 views
Seamless 1Gbps Data Switching: Pantherun’s L2/L3 IP & AES Encryption with Zero Latency on FPGAs!
371 views
Pepper: Pantherun's open source platform
246 views
AI in Embedded Cybersecurity & Pepper Open Source: Pantherun’s Vision for the Future!
176 views

More on Pantherun Technologies.

Funding Insights of Pantherun

Pantherun has successfully raised a total of $18.6M across 6 strategic funding rounds. The most recent funding activity was a Series A round of $12 million completed in October 2025. 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 $18.6M
  • Total Rounds 6
  • Last Round Series A — $12M
  • First Round $58,991

    (Mar 2022)

  • Investors Count 20

All 6 funding rounds of Pantherun with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Oct 2025$12MSeries A–Sahasrar Capital
Feb 2025$725,004Seed–ThinKuvate
Jul 2024$2.5MSeed$26.36MLegacy Assets
May 2024$299,629Seed–SIDBI Venture Capital
–
Oct 2023$3.02MSeed$11.04MPiper Serica
Mar 2022$58,991Seed$•••••SID
–
Valuation history
DateValuationStage
Jul 2024$26.36M••••••••
Oct 2023$11.04M••••••••
Mar 2022$•••••••••••••
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Full valuation and stage history of Pantherun

Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.

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Verified entity values are shown only after access is granted.

Last known valuation $26.36M (Jul 2024). 20 investors in total: 18 institutional and 2 angel.

Investors in Pantherun

Pantherun has secured backing from 20 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Faad Capital, Beyond Next Ventures and SIDBI Venture Capital.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Venture capital firm investing in multiple sectors
8xventures.coDubai, United Arab Emirates
Early-stage investments are made in B2B and deep-tech startups.
growx.vcDelhi, India
Deep-tech investments and incubation services are provided for researchers and entrepreneurs addressing global challenges.
2014beyondnextventures.comTokyo, Japan
Venture capital and startup investment services are offered by ThinKuvate in various sectors.
2015thinkuvate.com
Angel network focused on early-stage investments
2015faad.inDelhi, India
Venture capital fund investing in pre-seed tech startups with support services.
2020pointone.capitalBengaluru, India
Venture capital management for SMEs and startups in India.
1999sidbiventure.co.inMumbai, India
Private equity fund investing in multiple sectors
piperserica.vcMumbai, India
Venture capital firm focused on technology companies
capital2b.com
Venture capital firm backed by Info Edge and Temasek
infoedgeventures.inNoida, India
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Investor details for Pantherun

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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Verified entity values are shown only after access is granted.

Board of directors of Pantherun Technologies Private Limited (Pantherun)

Pantherun Technologies Private Limited is the primary company behind Pantherun. The boards of the 2 registered companies of Pantherun currently have 7 directors; the longest-serving is Srinivas Lakshman Sekhar, appointed in 2019. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Srinivas Lakshman Sekhar
DIN 07127995
Director25 Sep 20197 yrs 1 moPantherun Technologies Private Limited, Pantherun Solutions Private Limited
Nien Chih Chan
DIN 08617972
Director21 Nov 20196 yrs 11 moPantherun Technologies Private Limited
Abhishek Srivastava
DIN 08677318
Director23 Jan 20206 yrs 9 moPantherun Solutions Private Limited
Edayathimangalam Ramnath Chandra Shekar
DIN 00013670
Director03 Nov 20206 yrsPantherun Technologies Private Limited
Chintan Kaushik Gandhi
DIN 10399326
Nominee Director22 Nov 20241 yr 11 moPantherun Technologies Private Limited
Chakravarthy Sundarachar Murali
DIN 07935754
Director01 Aug 20251 yr 3 moPantherun Technologies Private Limited
Ben Alexander Lee
DIN 11633572
Additional Director27 Mar 20267 moPantherun Technologies Private Limited

People of Pantherun

5 people are tracked at Pantherun (3 in leadership, 2 in team).

NameRoleGroup
Srinivas Shekar
Founder & CEOLeadership
Rajkumar Sivaraj
Vice President Of Sales, EuropeLeadership
Gautam Devaiah
Director Of FinanceLeadership
Santosh Iyer
Manager - Business Development, Sales & Operations - EMEATeam
Mruthunjaya C Rottigawad
Technical Manager (r&d And Networking)Team
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Financials of Pantherun

Figures of Pantherun Technologies Private Limited, the primary company behind Pantherun, for FY 2025. Revenue was ₹3.15 Cr (+214% year on year). Net loss was -₹27.36 Cr (-870% margin). EBITDA was -₹26.73 Cr (-849% margin). Revenue has grown at a compounded annual rate of +24% over three years.

  • ₹3.15 CrRevenue · FY 2025 · +214% YoY
  • -₹27.36 CrNet loss · -870% margin
  • -₹26.73 CrEBITDA · -849% margin
  • ₹3.06 CrPaid-up capital
  • +24%Revenue CAGR, 3 years

Balance sheet, profit and loss, cash flow and ratios of Pantherun Technologies Private Limited are on its company page.

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Detailed financial statements for Pantherun

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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Timeline of Pantherun

4 dated milestones of Pantherun across 6 years, from founding to its latest funding, stage changes and deals.

  1. Founded Pantherun is founded.
  2. Funding First funding round of $59K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series A, of $12.0M.

Web traffic of Pantherun

The website of Pantherun (pantherun.com) receives about 21.6K visits a month.

  • Monthly visits
    21.6K

    ▼ 62.5% vs previous month

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Related news about Pantherun

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Complete news archive for Pantherun

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Frequently Asked Questions about Pantherun

Pantherun was founded in 2019 and raised its 1st funding round 3 years after it was founded.

Pantherun is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Srinivas Shekar is the CEO of Pantherun, as recorded in our data. They have also founded this company.

Pantherun is a funded company, having raised a total of $18.6M across 6 funding rounds to date. The company's 1st funding round was a Seed of $58.99K, raised on Mar 2022.

The primary company behind Pantherun, Pantherun Technologies Private Limited, reported revenue of ₹3.15 Cr for FY 2025, up 214% year on year.

Pantherun was founded in 2019 in Bengaluru, India, as a provider of encryption, industrial Ethernet, and IoT products. Encryption IP, Ethernet switches, gateways, converters, and remote terminal units are supplied for applications in industrial safety, control systems, railways, defense, and drone communications. Compact designs with wide temperature ranges and field-enhanceable platforms are utilized to support rugged industrial environments. Operations focus on sectors requiring reliable connectivity and security.

Pantherun offers AES Encryption IP, L2 Industrial Ethernet Switches, L3 Industrial Ethernet Switches, and Configurable IoT Gateway.

The valuation of Pantherun is $26.36M as of Jul 2024.

Pantherun is associated with 2 legal entities: Pantherun Technologies Private Limited, Pantherun Solutions Private Limited.

The legal entities of Pantherun currently have 7 directors, including Chakravarthy Sundarachar Murali, Chintan Kaushik Gandhi, Nien Chih Chan and others.

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