Cyber Security Startup Kratikal Raises Seed Funding From Amajit Gupta, Others

Delhi-based Kratikal, an end-to-end cyber security solution provider, has an undisclosed amount of Seed funding from Amajit Gupta (former director of Microsoft India) along with Praveen Dubey (co-founder Mutual PR) and J.P. Bhatt (co-founder and Chief Executive of ImpactQA).

It was founded in 2013 by National Institute of Technology, Allahabad alumni Pavan Kushwaha, Paratosh Bansal. Soon after, when Pavan and Paratosh discussed their idea with Dip Jung Thapa, Prashant Pandey and Ankit Singh, they all teamed up to build Kratikal, a cyber security training and servicing provider company.

Pavan Kushwaha, CEO Kratikal said, “We aim to provide world-class cyber security solutions globally and work on building the environment and train the IT professionals and digital community in India about how to build secure systems.”

According to a company statement, the current suite of services offered by Kratikal includes application testing, vulnerability assessment, security auditing, penetration testing and cyber forensics. As a means to spread awareness about the online threats, it also offers customised training sessions for corporate, law enforcement agencies and educational institutes.

Talking about the funding, investor Amajit Gupta said: “As we are speedily moving towards the digital age, cyber security is the necessity of the future. I have a firm belief that team Kratikal will be a leader in securing the Internet space for everyone.”

Currently, with its 15-member team, Kratikal provides its services to domestic and foreign clients in the US, Australia, New Zealand, and South Africa for matters related to cyber crime, forensics, and cyber fraud. Its clientele includes corporate houses, police departments, law enforcement agencies and individuals.

The team is also developing a tool to automate their security testing services with the help of data and artificial intelligence. This automated tool will bring down the high cost of security testing and make it economically feasible for all the SMEs to be secure. The corporate will also be able to use it as a SaaS-based product for security testing.

Prior to this in July 2016, Lucideus, a startup working in the field of cyber security raised an undisclosed amount of funding from Flipkart CFO, Sanjay Baweja. In August 2016, TAC Security Solutions, another cyber-security solutions provider raised an undisclosed amount of Pre-Series A funding from Vijay Kedia.

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