About Sequretek
Sequretek is a company based in Mumbai (India) founded in 2013 by Pankit Desai and Anand Naik. Sequretek has raised $13.25 million across 10 funding rounds from investors including HDFC Bank, FIS and Unicorn India Ventures. The company has 294 employees as of March 28, 2024. Sequretek operates in a competitive market with competitors including Palo Alto Networks, FireEye, Fortinet, IBM and Symantec, among others.
- Headquarter Mumbai, India
- Employees 294 as on 28 Mar, 2024
- Founders Pankit Desai, Anand Naik
- 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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- Legal Name Sequretek It Solutions Private Limited
- Date of Incorporation 06 Nov, 2013
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$4.63 M (USD)18.89as on Mar 31, 2023
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Net Profit
-$144.85 K (USD)-152.22as on Mar 31, 2023
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EBITDA
$695.04 K (USD)-19.27as on Mar 31, 2023
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Total Equity Funding
$13.25 M (USD)
in 10 rounds
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Latest Funding Round
$594.69 K (USD), Series A
Oct 30, 2024
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Investors
HDFC Bank
& 42 more
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Employee Count
294
as on Mar 28, 2024
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Funding Insights of Sequretek
Sequretek has successfully raised a total of $13.25M across 10 strategic funding rounds. The most recent funding activity was a Series A round of $594.69 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.
Investors in Sequretek
Sequretek has secured backing from 43 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include HDFC Bank, FIS and Unicorn India Ventures.
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Investments are made in digital society, education, and employability sectors.
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Investments in public markets, commodities, private equities, and real estate by a family office.
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Venture debt funding and structured finance for innovative startups in India.
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Investor details for Sequretek
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Investments & Acquisitions by Sequretek
Investment portfolio details for Sequretek
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Financial Statements - Sequretek
Detailed financials for Sequretek
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Sequretek Comparisons
Peer comparison for Sequretek
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Competitors of Sequretek
Sequretek 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 Palo Alto Networks, FireEye, Fortinet, IBM and Symantec, among others.
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AI and cloud-based platforms are utilized for cybersecurity solutions.
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Provider of a platform offering a suite of cyber security solutions
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Cloud security posture management solutions are provided by the platform.
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Hybrid cloud and DevOps automation are delivered to enterprises.
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Symantec is recognized for providing enterprise cloud cybersecurity solutions.
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AI and saas based cloud security solutions
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Detailed competitors of Sequretek
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Latest news on Sequretek
Complete news archive for Sequretek
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Frequently Asked Questions about Sequretek
Sequretek was founded in 2013 and raised its 1st funding round 3 years after it was founded.
Sequretek is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Pankit Desai is the current CEO of Sequretek. They have also founded this company.
Sequretek is a funded company, having raised a total of $13.25M across 10 funding rounds to date.
As of Mar 28, 2024, the latest employee count at Sequretek is 294.
Annual revenue of Sequretek is $4.63M as on Mar 31, 2023.
Sequretek was founded in 2013 in Mumbai, India, within the cybersecurity sector. AI-driven products for detecting, protecting against, preventing, and responding to cyber threats are developed and offered. An automated response system powered by AI is utilized, through which data from multiple sources is gathered, threats are identified via big data analysis, and corrective actions are automatically initiated to address risks.
Sequretek's top competitors include Fortinet, Palo Alto Networks and Imperva.
Sequretek has 43 investors. Key investors include HDFC Bank, FIS, Unicorn India Ventures, Alteria Capital, and Gujarat Venture Finance.
The valuation of Sequretek is $27.77M as of Oct 2024.