Securing India’s digital economy with Mitigata

India’s digital economy is growing at a rapid pace, and the surface area for cybersecurity risk is expanding faster than most enterprises can keep up with. AI has significantly increased the number of attack vectors a typical organization faces, where hundreds of malicious attacks are blocked daily. A new wave of regulations is propelling the country’s cybersecurity market such as the Digital Personal Data Protection Act (DPDPA), the Securities and Exchange Board of India’s (SEBI) Cybersecurity and Cyber Resilience Framework (CSCRF), Reserve Bank of India (RBI) directives mandating SOC operations, and reporting requirements that compress incident disclosure into a sub-six-hour window.

Enterprise boards want to see a clear line of accountability from cyber risk detection to insurance, compliance and managed security outcomes. At the same time, enterprises are facing a severe shortage of cybersecurity talent. It’s a recipe for a perfect storm: enterprises need to build cyber resilience in an accelerating threat landscape with limited resources.

Mitigata: India’s first full-stack cyber resilience platform

Founded in 2021 by Mohit Anand, Sarthak Dubey, Akshit Kaushik, and Mayank Morya, Mitigata is the first Indian company to unify compliance automation, cyber insurance, and security operations. Built on the principle of Insure, Detect, Defend and Recover, Mitigata’s services and solutions allow enterprises to manage cybersecurity risk as a unified, continuous discipline rather than a series of disconnected tools and vendors.

As we got to know the team at Mitigata, three aspects of their solution stood out:

1. An integrated stack that bridges insurance to cyber risk and security operations. Mitigata is India’s first Insurance Regulatory and Development Authority of India (IRDAI)-regulated cyber insurance broker working with major private and public insurers. Mitigata’s cyber risk quantification model ties live security telemetry directly to underwriting, closing a loop India’s insurance industry has needed for a decade.
2. AI-native security operations built for India’s regulations. Mitigata Console, the company’s cyber risk management platform, automates detection, investigation, and response, streamlining the workflows that determine whether an enterprise can meet a six-hour reporting window and conform to regulations. Mitigata’s hybrid SOC combines AI advances with human expertise for 24/7 protection. 
3. Offerings addressing adjacent risk categories. Beyond its core platform, Mitigata offers services that help enterprises cover the full risk surface area, such as brand and dark web monitoring, phishing simulations, and DPDPA-driven privacy governance.

We’re proud to lead Mitigata’s $14.5 million Series B as its offerings become embedded in enterprises across financial services, automotive, healthcare, manufacturing, and e-commerce. We look forward to partnering with Mohit, Sarthak, Mayank, and Akshit as they build what we believe will be a defining company in Indian cybersecurity.