Bengaluru, April 1 -- Cybersecurity startups in India have attracted capital in the past couple of months, indicating that the sector might be on its way to maturing, led by the growth of new threats brought about by advancements in artificial intelligence. In addition, foreign cybersecurity companies are opening shop here, or expanding their offerings in a market that is poised for growth. According to startup data intelligence platform Tracxn, at least nine cybersecurity startups raised funding since August, with six raising seed money and three securing Series-A funding.
Equal, an identity management platform, raised $10 million, followed by Protectt.ai, a mobile app security platform ($8.7 million), and cloud-based penetrating testing ...