Zeron, the Mumbai-based cyber risk posture management startup, has secured a noteworthy $500,000 in seed funding. Leading the charge is fintech-focused powerhouse Varanium Capital, with additional backing from Yatra Angel Network.
Zeron’s mission is crystal clear to empower organizations with informed cybersecurity decisions. They specialize in safeguarding digital assets while ensuring compliance with industry regulations, enhancing overall cybersecurity resilience. Their global footprint already spans countries like Indonesia, Canada, Singapore, the UK, and the Philippines, with esteemed clients including Affin Bank, NTUC, Aditya Birla Capital, and Bank Open.
The startup’s innovative approach, driven by advanced AI algorithms, has gained significant attention. In a world where digital security is paramount, Zeron aims to make a significant impact in the $2 trillion global cybersecurity market. This recent funding success follows earlier investments from 100X.VC and prominent angel investors, emphasizing the industry’s faith in Zeron’s pioneering technology.
Furthermore, India’s cybersecurity market is booming, projected to reach $9.21 billion by 2028. Factors such as digitalization, scalable IT infrastructure, third-party vendor risks, evolving MSSPs, and the adoption of cloud-first strategies are fueling this growth.
In summary, Zeron’s latest funding round, led by Varanium Capital, underscores their commitment to revolutionizing the cybersecurity landscape, making them a key player in India’s burgeoning cybersecurity market.
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