TAC Infosec Sets Up Subsidiary To Expand Footprint In UK, Europe

TAC Infosec Sets Up Subsidiary To Expand Footprint In UK, Europe

SUMMARY

SaaS cybersecurity startup TAC Infosec has set up its UK-based step-down subsidiary, VULMAN Ltd, to offer its cybersecurity solution in the UK and Europe

The company offers risk-based vulnerability management and assessment solutions and other SaaS cybersecurity solutions to enterprises and small businesses

The UK subsidiary is the latest addition to the company’s geographical expansion, after making acquisitions in US and UAE last year to given its offering in the respective regions.

SaaS cybersecurity startup TAC Infosec has set up its UK-based step-down subsidiary, VULMAN Ltd, to offer its cybersecurity solution in the UK and Europe.

The UK subsidiary is the latest addition to the company’s geographical expansion, after acquiring US-based cybersecurity firm Cyber Sandia for $25,000 in August 2024. 

In the same year, it acquired WOS, a wholly owned subsidiary of TAC Cyber Security Consultancy LLC in the UAE to cater to the growing demand for cybersecurity services in the GCC region.

Founded in 2016, TAC Infosec is one of the early innovators of cyber scoring. Its first product was launched in 2018 to help chief information security officers and CEOs of companies quantify and understand the risk of cyber threats. 

It offers risk-based vulnerability management and assessment solutions and other SaaS cybersecurity solutions to enterprises and small businesses. 

On the development, TAC Security founder and CEO Trishneet Arora, “The UK and European markets are not just important they are critical for our long-term growth strategy. By establishing a direct presence in the region, we can work more closely with enterprises and governments to deliver innovative solutions that mitigate emerging cyber threats.”

As per a report from Statista, the Cybersecurity market in Europe is projected to grow by 7.03% (2025-2029) resulting in a market volume of $65.17 Bn in 2029. 

The company made its debut on NSE Emergence in April last year. Its initial public offering (IPO) received an overwhelming response from investors, closing with a 392.5X oversubscription. Its shares were listed at INR 290, a premium of 173.6% to the issue price of INR 106. 

Since its listing in April 2024, when it had just 100 clients, the company claims to have onboarded over 2,000 clients in 80 countries, including Fortune 500 companies and government entities. By FY26, the company aims to have around 10,000 clients globally. 

Since its listing, the company has given a return of 464% by today’s closing price. 

Despite the broader market undergoing a correction in recent times with Nifty 50 witnessing a 2.68% slump in the last month, the stock has given a positive return of 30% to its investors in the same period.  

On the financial front, TAC Infosec reported a sharp jump in its consolidated net profit in the first half (H1) of the financial year 2024-25 (FY25). Its profit zoomed 240% to INR 6.52 Cr in H1 FY25 from INR 1.92 Cr in the year-ago period on the back of the rise in revenue and improvement in margins.

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