- Monitoring 10 Cr Cyber Security Incidents Daily: How Startup Sequretek Aims To Leverage A $1 Bn Security Market In India Pankit Desai, co-founder of cyber security startup Sequretek, almost sounds like a nationalist when he says, “India is the only country of its size and complexity which does not have a very strong homegrown cyber security company.” He believes that while dependence on international products is fine in other areas but not in cyber security. […]
- Blow To The Government’s Push On Making Aadhaar Mandatory; Supreme Court Rules Right To Privacy Is A Fundamental Right A nine-member bench of the Supreme Court today gave a unanimous verdict that Right to Privacy is a fundamental right, giving a huge setback to the government’s Aadhaar policy. Post this judgment, a five-judge bench of the apex court will now test the validity of Aadhaar from the aspect of privacy as a Fundamental Right. […]
- Access To Aadhaar Card Number Does Not Enable A Hacker To Commit Fraud: Saket Modi, Co-founder, Lucideus Saket Modi, co-founder and CEO of Lucideus Tech, a cyber security platform and services company, has been there and done it all. A computer science engineer by education, Saket is an entrepreneur, an ethical hacker, and has also been awarded the title of “Indian Ambassador of Cyber Security in Education” at the National Education Awards […]
- Zomato Reports Security Breach; Data Of 17 Mn Users Stolen In a recent blogpost foodtech startup Zomato has notified that over 17 Mn user records from its database were stolen recently. The information includes user email addresses and hashed passwords. Currently, the company claims to have over 120 Mn monthly user visits on its platform. As per the post, Zomato’s security team discovered the breach […]
- Funding Galore: Indian Startup Fundings Of The Week [8 May – 13 May] Earlier this week, Snapdeal agreed to sign a non-binding Letter of Intent (LoI) for the merger with Flipkart. Flipkart will be merging the Snapdeal entity at a valuation of just $1 Bn. The deal is expected to get signed in the next five-seven days. Nexus Venture Partners is speculated to receive $100 Mn along with a […]
- Cyber Security Firm Lucideus Raises Funding From Rajan Anandan, Sunil Kalra, And A Bevy Of Marquee Investors “Cyber security has become a boardroom concern now as companies are basing their business models on technology. So, a breach in technology is not just a technology problem but a business problem. Hence, businesses today wants to know how mature we are in cyber security and take a calculated call,” says Saket Modi, co-founder of […]
- Union Budget 2017: Where It Scored And Where It Missed? Finance Minister Arun Jaitley finally presented the first budget post demonetisation yesterday. From focussing on rural India, to digital India, to infrastructure, to real estate, to the salaried class to startups, he has tried to include something for everyone without going too far down the populist path. Payments, housing, healthcare, and MSMEs are sectors which are […]
- Blockchain Comes To Indian Banks – Can They Bank On It? Signalling the arrival of blockchain technology in the Indian banking sector, last week ICICI Bank, announced that it has successfully executed transactions in international trade finance and remittance using blockchain technology in partnership with Emirates NBD (banking group in the Middle East) This made ICICI the first bank in the country and among the first […]
- Funding Galore: Startup Fundings Of The Week [29 August – 3 September] This week, Paytm announced an undisclosed investment from Mountain Capital, an investment fund of Taiwan’s MediaTek. According to speculations, MediaTek is expected to invest $60 Mn in the company. The funding will be used to accelerate and develop the mobile ecosystem in India encompassing payments, commerce and financial services. This week 14 startups raised $55 Mn […]
- With New Round Of Funding, Cyber Security Firm Lucideus Aims To Clock 200% Growth In Revenues This Year Any technology company’s success is decided by two factors- one is its technical competence, or how extremely technically superior it is. And second, its financial feasibility – says Saket Modi, co-founder of Lucideus Tech, a startup working in the field of cyber security. It is with this rationale in mind that Delhi-based Lucideus, which had […]
- Cyber Security Startup Lucideus Gets Backing From Flipkart CFO Sanjay Baweja Lucideus, a startup working in the field of cyber security has raised an undisclosed amount of funding from Flipkart CFO, Sanjay Baweja. Co-founded in 2012 by Saket Modi, Delhi-based Lucideus is a cybersecurity company that offers consultancy, training and solutions to counteract cyber attacks. Lucideus’ founder, Modi was also a part of the Forbes’ 30 under […]