SecureMachines

Bengaluru, India Founded: 2019 • Age: 7 yrs Minicorn
Quantum-safe devices, security components, and data integrity solutions are developed.

About SecureMachines

SecureMachines is a Technology company based in Bengaluru (India) founded in 2019 by Satyamurthy Konanur and Shreenivas Hegde. Quantum-safe devices, security components, and data integrity solutions are developed. SecureMachines has raised $535.26 thousand across 5 funding rounds from investors including PointOne Capital, Navam Capital and Raghupati Gajanan Bhandi. SecureMachines was last valued at $8.05 million in May 2024. Its chief executive, as recorded, is Satyamurthy Konanur. SecureMachines offers products and services including Prastaara, Pingala, Augha, Quantum Safe HSM, and True Random Number Generators. Its focus areas include Enterprise Infrastructure, Cybersecurity, Data Security and Encryption. Its legal entity in India is Secure Machines Private Limited (U72900KA2019PTC127797).

Company details

SecureMachines was founded in 2019 in Bengaluru, India, focusing on the quantum-safe security sector. Quantum-safe hardware security modules, network encryptors, and true random number generators are built. Secure voting systems and application-specific integrity solutions are provided. Quantum-safe hardware and software intellectual property, including embedded components and secure Javacard elements, is offered. A next-generation high-speed post-quantum cryptography hardware security module is included among the products.

  • Headquarters Bengaluru, India
  • Founders Satyamurthy Konanur, Shreenivas Hegde
  • Stage Minicorn
  • Sectors
    Technology
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website securemachines.in
  • Social LinkedIn
  • Legal Name Secure Machines Private Limited
  • Date of Incorporation 10 Sep, 2019
  • Jurisdiction Bangalore, Karnataka, India
Key Metrics
  • Annual Revenue
    ₹9,317

    FY 2024 · -99% YoY

  • Net Loss
    -₹49.4 Lakh

    FY 2024 · -52983% margin

  • EBITDA
    -₹26.9 Lakh

    FY 2024 · -28906% margin

  • Total Equity Funding
    $535.26K (USD)

    in 5 rounds

  • Investors

Products & Services of SecureMachines

SecureMachines offers a comprehensive portfolio of products and services, including Prastaara, Pingala, Augha, Quantum Safe HSM, and True Random Number Generators.

Prastaara
Hardware Security Module

High-speed post-quantum crypto device for secure data operations.

Pingala
Network Encryptor

Quantum-safe tool for protecting network communications from threats.

Augha
Integrity Solution

Application-specific security for data integrity and quantum threats.

Quantum Safe HSM
Security Hardware

Hardware module for dedicated cryptographic operations in data security.

True Random Number Generators
Security Component

Generates random numbers for enhancing encryption and system security.

Funding Insights of SecureMachines

SecureMachines has successfully raised a total of $535.26K across 5 strategic funding rounds. 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 $535,257
  • Total Rounds 5
  • First Round $20,428

    (May 2021)

  • Investors Count 4

All 5 funding rounds of SecureMachines with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Aug 2025Seed–Navam Capital
May 2024$101,829Angel Round$8.05MRaghupati Gajanan Bhandi
–
Feb 2023$386,422Angel Round–Raghupati Gajanan Bhandi
–
Jan 2022$26,578Seed$2.31MNewfort Holdings
–
May 2021$20,428Seed$‒‒‒‒‒–
Valuation history
DateValuationStage
May 2024$8.05Mβ€’β€’β€’β€’β€’β€’β€’β€’
Jan 2022$2.31Mβ€’β€’β€’β€’β€’β€’β€’β€’
May 2021$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of SecureMachines

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

  • All valuation points
  • Stage changes
  • Dates
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Verified entity values are shown only after access is granted.

Last known valuation $8.05M (May 2024). 4 investors in total: 3 institutional and 1 angel.

Investors in SecureMachines

SecureMachines has secured backing from 4 investors, including angel and venture fund investors. Prominent investors backing the company include PointOne Capital, Navam Capital and Raghupati Gajanan Bhandi.

All
Venture Fund
Angel
InvestorDescriptionFounded YearDomainLocation
Venture capital firm focused on early-stage investments in technology companies
2016newfortholdings.comBengaluru, India
Investment in engineering-driven deep-tech and science ventures in India.
2008navamcapital.comKolkata, India
Venture capital fund investing in pre-seed tech startups with support services.
2020pointone.capitalBengaluru, India

Raghupati Gajanan Bhandi

unknown_97ca456a31104500b
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Investor details for SecureMachines

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

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Board of directors of Secure Machines Private Limited (SecureMachines)

Secure Machines Private Limited is the primary company behind SecureMachines. The board of Secure Machines Private Limited currently have 3 directors; the longest-serving is Konanur Ramachandra Satyamurthy, appointed in 2019. 2 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Konanur Ramachandra Satyamurthy
DIN 08558936
Director10 Sep 20197 yrs 1 moSecure Machines Private Limited
Kanthanahalli Mahabaleshwara Hegde Shreenivas
DIN 10230175
Director01 May 20242 yrs 5 moSecure Machines Private Limited
Rajeev Mantri
DIN 01895901
Nominee Director15 Dec 202510 moSecure Machines Private Limited

People of SecureMachines

2 people are tracked at SecureMachines (2 in leadership).

NameRoleGroup
Co-Founder & CEOLeadership
Co-Founder & CTOLeadership
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Complete people profiles for SecureMachines

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

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Verified entity values are shown only after access is granted.

Financials of SecureMachines

Figures of Secure Machines Private Limited, the primary company behind SecureMachines, for FY 2024. Revenue was ₹9,317 (-99% year on year). Net loss was -₹49.4 Lakh (-52983% margin). EBITDA was -₹26.9 Lakh (-28906% margin).

  • ₹9,317Revenue · FY 2024 · -99% YoY
  • -₹49.4 LakhNet loss · -52983% margin
  • -₹26.9 LakhEBITDA · -28906% margin
  • ₹1.2 LakhPaid-up capital

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

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Detailed financial statements for SecureMachines

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

  • Statement rows
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Verified entity values are shown only after access is granted.

Timeline of SecureMachines

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

  1. Founded SecureMachines is founded.
  2. Funding First funding round of $20K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Seed,.
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Frequently Asked Questions about SecureMachines

SecureMachines was founded in 2019 and raised its 1st funding round 2 years after it was founded.

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

Satyamurthy Konanur is the CEO of SecureMachines, as recorded in our data. They have also founded this company.

SecureMachines is a funded company, having raised a total of $535.26K across 5 funding rounds to date. The company's 1st funding round was a Seed of $20.43K, raised on May 2021.

The primary company behind SecureMachines, Secure Machines Private Limited, reported revenue of β‚Ή9,317 for FY 2024, down 99% year on year.

SecureMachines was founded in 2019 in Bengaluru, India, focusing on the quantum-safe security sector. Quantum-safe hardware security modules, network encryptors, and true random number generators are built. Secure voting systems and application-specific integrity solutions are provided. Quantum-safe hardware and software intellectual property, including embedded components and secure Javacard elements, is offered. A next-generation high-speed post-quantum cryptography hardware security module is included among the products.

SecureMachines offers Prastaara, Pingala, Augha, Quantum Safe HSM, and True Random Number Generators.

SecureMachines has 4 investors. Key investors include PointOne Capital, Navam Capital, Raghupati Gajanan Bhandi, and Newfort Holdings.

The valuation of SecureMachines is $8.05M as of May 2024.

SecureMachines operates through Secure Machines Private Limited.

The legal entities of SecureMachines currently have 3 directors, including Konanur Ramachandra Satyamurthy, Rajeev Mantri, Kanthanahalli Mahabaleshwara Hegde Shreenivas.

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