
Mitigata, India’s first AI-native cyber resilience platform, has closed a $15m Series B funding round to accelerate its ambition of building the country’s largest sovereign, indigenous AI security infrastructure.
The round was led by Bessemer Venture Partners, with existing investors Nexus Venture Partners, Titan Capital and WEH Ventures also participating.
Mitigata intends to use the capital to expand its Security Operations Centre into India’s largest, grow its team across AI, research and development, product, engineering and customer success, with plans to double headcount, and accelerate international expansion.
Founded in 2023 by Mohit Anand, Sarthak Dubey, Mayank Morya and Akshit Kaushik, Mitigata operates on the principle of Insure. Detect. Defend. Recover., guiding organisations through every stage of their cyber resilience journey. Its offering spans cyber insurance for risk assessment and transfer, AI-powered security operations and cyber risk intelligence for threat identification, compliance automation for strengthening defences, and digital forensics, incident response and breach recovery services.
Mitigata describes itself as India’s fastest-growing cyber…