About Walnut Security
Walnut Security is a Financial Services company based in Ahmedabad (India) founded in 2021 by Walnut S. It provides cybersecurity services including penetration testing and compliance for organizations. It operates on a B2B and Consulting Services model in Financial Services and Technology sectors. Its chief executive is Walnut S. Its Indian entity Walnut Security Services Private Limited reported revenue of ₹1.33 Cr. Walnut Security offers products and services including Web Application Penetration Testing, Android Application Penetration Testing, iOS Application Penetration Testing, API Penetration Testing, and Network Penetration Testing. Its focus areas include Cybersecurity, Compliance Services, Regulatory Audits and Penetration Testing. Its competitors include Optiv Security, CertiK, Convergint, SilverSky and NSO Group and 5 more; 8 of its 10 listed competitors have raised funding.
Company details
Walnut Security Services is a cybersecurity firm that delivers penetration testing, compliance audits, and threat hunting to protect business applications and infrastructure. They operate by simulating real-world attacks to identify vulnerabilities, then provide reports and recommendations. Based in Ahmedabad and Pune, India, they serve clients across various industries, ensuring data security and regulatory adherence through expert teams and affordable pricing models.
- Headquarters Ahmedabad, India
- Employees 1
- Founders Walnut S
- SectorsFinancial ServicesTechnology
- Email••••••••
- Phone•••• ••••
- Website walnutsecurity.com
- Social LinkedIn X
- Legal Name Walnut Security Services Private Limited
- Date of Incorporation 15 Mar, 2021
- Jurisdiction Ahmedabad, Gujarat, India
- Annual Revenue₹1.33 Cr
FY 2024 · +22% YoY
- Net Profit₹10.2 Lakh
FY 2024 · 8% margin
- EBITDA₹14.1 Lakh
FY 2024 · 11% margin
- Employee Count1
Associated legal entities of Walnut Security
Walnut Security operates through Walnut Security Services Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Walnut Security Services Private Limited CIN U72900GJ2021PTC121181 | Active | 15 Mar 2021 | Ahmedabad, Gujarat | ₹1.3 Cr | – | 2 | View details |
Products & Services of Walnut Security
Walnut Security offers a comprehensive portfolio of products and services, including Web Application Penetration Testing, Android Application Penetration Testing, iOS Application Penetration Testing, API Penetration Testing, and Network Penetration Testing.
Identifies vulnerabilities in web applications to prevent cyber attacks.
Tests Android apps for security flaws and real-time threats.
Evaluates iOS apps to secure against potential attackers.
Strengthens APIs by detecting weaknesses in web and mobile systems.
Uncovers network vulnerabilities posing real-world business risks.
Board of directors of Walnut Security Services Private Limited (Walnut Security)
Walnut Security Services Private Limited is the primary company behind Walnut Security. The board of Walnut Security Services Private Limited currently have 2 directors; the longest-serving is Nirav Patel, appointed in 2021.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nirav Patel DIN 09107026 | Director | 15 Mar 2021 | 5 yrs 7 mo | Walnut Security Services Private Limited |
| Bharat Purushottamdas Patel DIN 09107027 | Director | 15 Mar 2021 | 5 yrs 7 mo | Walnut Security Services Private Limited |
People of Walnut Security
1 people are tracked at Walnut Security (1 in leadership); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
Walnut S | Founder, CEO | Leadership |
Complete people profiles for Walnut Security
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Financials of Walnut Security
Figures of Walnut Security Services Private Limited, the primary company behind Walnut Security, for FY 2024. Revenue was ₹1.33 Cr (+22% year on year). Net profit was ₹10.2 Lakh (8% margin). EBITDA was ₹14.1 Lakh (11% margin).
- ₹1.33 CrRevenue · FY 2024 · +22% YoY
- ₹10.2 LakhNet profit · 8% margin
- ₹14.1 LakhEBITDA · 11% margin
- ₹1 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Walnut Security Services Private Limited are on its company page.
Detailed financial statements for Walnut Security
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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Competitors of Walnut Security
Walnut Security has 10 listed competitors in our database, 8 of them funded. They include Optiv Security, CertiK, Convergint, SilverSky and NSO Group, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| optiv.com | 1999 | Denver, United States | $4.05M | 561 | IT risk management solutions are delivered via a specialized platform. | |
| certik.com | 2017 | New York, United States | $296.15M | – | Online platform for blockchain and smart contract cybersecurity | |
| convergint.com | 2001 | Schaumburg, United States | $100,000 | 4,327 | Electronic security and fire alarm systems are integrated and serviced. | |
| silversky.com | 1997 | Guildford, United Kingdom | $31.5M | – | Cloud security and compliance solution company | |
| nsogroup.com | 2009 | Herzliya, Israel | – | – | Cyber monitoring solutions and security research are provided for defense. | |
| netspi.com | 2001 | Minneapolis, United States | $500M | – | Attack surface management, threat detection, and pentesting services are offered. | |
| cyble.com | 2019 | Alpharetta, United States | $44.33M | – | AI-native platforms for cyber threat intelligence are provided by Cyble. | |
| dataguard.de | 2018 | Munich, Germany | $80.41M | 31 | IT security, consulting, and data protection services are provided. | |
| aujas.com | 2008 | Cupertino, United States | $18.85M | 513 | A platform for security analytics and risk assessment is provided. | |
| guidepointsecurity.com | 2011 | Herndon, United States | – | 656 | Customized IT security solutions are provided to organizations. |
Detailed competitors of Walnut Security
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Top companies in Regulatory & Compliance Tech
10 companies that operate in the same segment as Walnut Security (Regulatory & Compliance Tech), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based anti-money laundering solutions are provided for compliance. | 2014 | London, England, United Kingdom | USD 167.21 M | USD 45.67 M | 443 | |
CLEAR is focused on secure identity verification for seamless experiences. | 2010 | New York, New York, United States | USD 135 M | USD 900.78 M | 4,019 | |
Automated and expert-led identity verification services are provided. | 2010 | Munchen, Bayern, Germany | USD 40 M | – | 29 | |
AI-based fraud prevention for e-commerce payments is provided. | 2013 | New York, New York, United States | USD 232.02 M | USD 346.08 M | 724 | |
AI-powered data and decision intelligence solutions are provided for businesses. | 2016 | London, England, United Kingdom | USD 545.02 M | USD 161.29 M | 886 | |
Facial recognition and AI video analysis solutions are provided. | 2011 | Beijing, Beijing, China | USD 1.98 B | – | 413 | |
Compliance management solutions for financial institutions | 2014 | New York, New York, United States | USD 461 M | – | 815 | |
Identity verification, background screening, and fraud prevention solutions are provided. | 2011 | Mumbai, Maharashtra, India | USD 103.31 M | – | – | |
Software solutions for identity management are provided via APIs. | 2006 | Trondheim, Trøndelag, Norway | USD 2.09 M | USD 72.04 M | 150 | |
AI-driven image recognition for emotion and activity analysis is provided. | – | Boston, Massachusetts, United States | USD 59.7 M | – | 40 |
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Frequently Asked Questions about Walnut Security
Walnut Security was founded in 2021.
Walnut Security is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Walnut S is the current CEO of Walnut Security. They have also founded this company.
Walnut Security has 1 employees.
The primary company behind Walnut Security, Walnut Security Services Private Limited, reported revenue of ₹1.33 Cr for FY 2024, up 22% year on year.
Walnut Security Services is a cybersecurity firm that delivers penetration testing, compliance audits, and threat hunting to protect business applications and infrastructure. They operate by simulating real-world attacks to identify vulnerabilities, then provide reports and recommendations. Based in Ahmedabad and Pune, India, they serve clients across various industries, ensuring data security and regulatory adherence through expert teams and affordable pricing models.
Walnut Security's top competitors include CertiK, Optiv Security and SilverSky.
Walnut Security offers Web Application Penetration Testing, Android Application Penetration Testing, iOS Application Penetration Testing, API Penetration Testing, and Network Penetration Testing.
Walnut Security operates through Walnut Security Services Private Limited.
The legal entities of Walnut Security currently have 2 directors, including Nirav Patel, Bharat Purushottamdas Patel.