About Sequretek
Sequretek is a Technology company based in Mumbai (India) founded in 2013 by Pankit Desai and Anand Naik. AI-based threat detection and response solutions are provided. 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. Sequretek was last valued at $27.77 million in October 2024. Its chief executive, as recorded, is Pankit Desai. Its website sequretek.com draws about 11 thousand monthly visits. Its Indian entity Sequretek It Solutions Private Limited reported revenue of ₹33.46 Cr. Its focus areas include Enterprise Infrastructure, Cybersecurity and Suite.
Company details
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.
- Headquarters Mumbai, India
- Employees 294
- Founders Pankit Desai, Anand Naik
- Stage Minicorn
- SectorsTechnology
- Website category Computers Electronics and Technology · Computer Security
- Email••••••••
- Phone•••• ••••
- Website sequretek.com
- Social LinkedIn X Facebook
- Legal Name Sequretek It Solutions Private Limited
- Date of Incorporation 06 Nov, 2013
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹33.46 Cr
FY 2023 · +19% YoY
- Net Loss-₹1.20 Cr
FY 2023 · -3% margin
- EBITDA₹5.78 Cr
FY 2023 · 15% margin
- Total Equity Funding$13.25M (USD)
in 10 rounds
- Latest Funding Round$594.69K (USD), Series A
Oct 2024
- InvestorsHDFC Bank
& 42 more
- Employee Count294
Associated legal entities of Sequretek
Sequretek operates through Sequretek It Solutions Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2023) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Sequretek It Solutions Private Limited CIN U72300MH2013PTC249847 | Active | 06 Nov 2013 | Mumbai, Maharashtra | ₹33.5 Cr | 294 | 6 | View details |
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.
- Total Funding $13.25M
- Total Rounds 10
- Last Round Series A — $594,685
- First Round $122,605
(Feb 2016)
- Investors Count 43
All 10 funding rounds of Sequretek with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct 2024 | $594,685 | Series A | $27.77M | HDFC Bank | – |
| Nov 2023 | $2.5M | Debt – Conventional | – | – | |
| Sep 2023 | $5.5M | Series A | – | Omidyar Network India | |
| May 2022 | $108,076 | Series A | $19.73M | ICBA | |
| Sep 2021 | $39,311 | Series A | $••••• | FIS, Fidelity Information Services | – |
| Jun 2020 | Series A | – | FIS | – | |
| Apr 2019 | $1.99M | Series A | $••••• | Gujarat Venture Finance | |
| Sep 2018 | $3.71M | Series A | $••••• | Unicorn India Ventures | |
| May 2017 | $1.18M | Series A | $••••• | Gujarat Venture Finance | |
| Feb 2016 | $122,605 | Angel Round | $••••• | Shobha Biju Pillai |
| Date | Valuation | Stage |
|---|---|---|
| Oct 2024 | $27.77M | •••••••• |
| May 2022 | $19.73M | •••••••• |
| Sep 2021 | $••••• | •••••••• |
| Apr 2019 | $••••• | •••••••• |
| Sep 2018 | $••••• | •••••••• |
| May 2017 | $••••• | •••••••• |
| Feb 2016 | $••••• | •••••••• |
Full valuation and stage history of Sequretek
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
- Exports
Verified entity values are shown only after access is granted.
Last known valuation $27.77M (Oct 2024). 43 investors in total: 17 institutional and 26 angel.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments are made in digital society, education, and employability sectors. | omidyarnetwork.in | Mumbai, India | ||
Investments in public markets, commodities, private equities, and real estate by a family office. | 2006 | sekhsaria.com | Mumbai, India | |
Venture debt funding and structured finance for innovative startups in India. | 2018 | alteriacapital.com | Mumbai, India | |
Venture capital firm focused on multiple sectors | Ebene City, Mauritius | |||
Investment in tech startups focusing on innovation and emerging trends in India. | 2018 | siriusone.vc | Chennai, India | |
Venture capital fund focused on UK-India innovation corridor and technology transfer. | 2015 | pontaq.vc | London, United Kingdom | |
Venture capital investments are made in Indian startups across multiple sectors. | 1990 | gvfl.com | Ahmedabad, India | |
Venture capital firm offering seed funding and support to startups in technology and innovation sectors. | 2014 | unicornivc.com | Mumbai, India | |
Commercial and personal banking services are offered by HDFC Bank. | 1994 | hdfcbank.com | Mumbai, India | |
Investor details for Sequretek
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Verified entity values are shown only after access is granted.
Board of directors of Sequretek It Solutions Private Limited (Sequretek)
Sequretek It Solutions Private Limited is the primary company behind Sequretek. The board of Sequretek It Solutions Private Limited currently have 5 directors; the longest-serving is Anand Mahendrabhai Naik, appointed in 2013. 7 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Anand Mahendrabhai Naik DIN 06684147 | Director | 06 Nov 2013 | 13 yrs | Sequretek It Solutions Private Limited |
| Pankit Navnitrai Desai DIN 06684156 | Director | 06 Nov 2013 | 13 yrs | Sequretek It Solutions Private Limited |
| Anil Rambilash Joshi DIN 01522133 | Nominee Director | 26 Dec 2022 | 3 yrs 10 mo | Sequretek It Solutions Private Limited |
| Narayanan Venkitraman DIN 06423668 | Nominee Director | 03 Feb 2025 | 1 yr 9 mo | Sequretek It Solutions Private Limited |
| Mihirkumar Arvind Joshi DIN 00823615 | Nominee Director | 03 Feb 2025 | 1 yr 9 mo | Sequretek It Solutions Private Limited |
People of Sequretek
2 people are tracked at Sequretek (2 in leadership); the tracked headcount is 294.
| Name | Role | Group |
|---|---|---|
| Co-Founder & Co-CEO | Leadership | |
| Co-Founder & Co-CEO | Leadership |
Complete people profiles for Sequretek
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Sequretek
Figures of Sequretek It Solutions Private Limited, the primary company behind Sequretek, for FY 2023. Revenue was ₹33.46 Cr (+19% year on year). Net loss was -₹1.20 Cr (-3% margin). EBITDA was ₹5.78 Cr (15% margin). Revenue has grown at a compounded annual rate of +26% over three years.
- ₹33.46 CrRevenue · FY 2023 · +19% YoY
- -₹1.20 CrNet loss · -3% margin
- ₹5.78 CrEBITDA · 15% margin
- ₹13.49 CrPaid-up capital
- 294Employees (provident fund records)
- +26%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Sequretek It Solutions Private Limited are on its company page.
Detailed financial statements for Sequretek
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Sequretek
4 dated milestones of Sequretek across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Sequretek is founded.
- Funding First funding round of $123K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series A, of $595K.
Web traffic of Sequretek
The website of Sequretek (sequretek.com) receives about 11.1K visits a month and ranks #2,207,303 among all websites worldwide, #4,826 in Computer Security.
- Monthly visits11.1K
▲ 56.4% vs previous month
- Unique visitors2.4K
per month
- Global rank#2,207,303
among all websites
- Category rank#4,826
Computers Electronics and Technology · Computer Security
- Bounce rate30%
- Pages per visit4.0
- Average visit50 sec
- DevicesDesktop 35% · Mobile 65%
Websites whose visitors overlap most with Sequretek. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| google.com | 100% | 85.8B | #1 | View details | |
na3.salesforce.com | na3.salesforce.com | 96% | – | ||
| linkedin.com | 86% | 1.9B | #18 | View details | |
sequretech.com | sequretech.com | 40% | – |
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Related news about 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 CEO of Sequretek, as recorded in our data. They have also founded this company.
Sequretek is a funded company, having raised a total of $13.25M across 10 funding rounds to date. The company's 1st funding round was a Angel Round of $122.61K, raised on Feb 2016.
Sequretek has 294 employees.
The primary company behind Sequretek, Sequretek It Solutions Private Limited, reported revenue of ₹33.46 Cr for FY 2023, up 19% year on year.
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 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.
Sequretek operates through Sequretek It Solutions Private Limited.
The legal entities of Sequretek currently have 6 directors, including Anil Rambilash Joshi, Anand Mahendrabhai Naik, Pankit Navnitrai Desai and others.