Business Name:Sequretek IT Solutions Private Limited
Founder’s Name:Pankit Desai
Location:Mumbai, India
Establishment (Year): 2013
Category and Sub-Category: IT - Cybersecurity
Company Detail:
Sequretek offers end-to-end security in the areas of enterprise threat monitoring (Percept XDR), incident response, device security (Percept EDR), identity & access governance (Percept IGA) through their own AI driven Percept Cloud Security Platform.
In 2021, Percept processed over a trillion events and prevented 50,000 attacks for its 100+ customers. The platform was featured by Gartner in its recent Tech Innovator report on "AI in Attack Detection", and in 2020 was awarded the MVP at the FIS Fintech Accelerator Program. Very recently, Sequretek was also covered by leading analyst firm (Avasant) in their latest Cybersecurity RadarviewTM as a Challenger in cybersecurity.
Sequretek products are also covered by technology influencers like ICSA Labs, are a part of accelerators by ICBA and Tampa Bay Wave, while the strategic partnerships with Intel and Ingram Micro give them the market access in India and US.
A few recent recognitions around their AI platform are as below:
1) Featured in Gartner’s Report on AI in Attack Detection
Their AI technology found resonance with a recent Gartner report around use of AI in cybersecurity, with 12 companies identified globally that were playing a differentiated role in using AI for threat detection and response
2) Winner of the National Startup Awards 2021, organized by Startup India, Government of India
Very recently, Sequretek was announced “Winners of National Startup Awards 2021” by the Prime Minister's office (Govt. of India) for demonstrating its innovative use of AI in cybersecurity
3) Benchmarking and Certification of Products by ICSA Labs, USA
ICSA tested Percept EDR using primary threat vectors leading to enterprise breaches. The tests use malicious threats including new and little-known Ransomware that other security products typically miss. Percept EDR demonstrated superb threat detection effectiveness against 640+ new & little-known threats.
4) Technology Integration with Intel Corporation
Sequretek also announced technology integration with Intel Corporation in the usage and integration of Accelerated Memory Scanning (AMS), Threat Detection Technology (TDT) and GPU in accelerating and improving the threat detection capability in their products.
5) Featured by Avasant as "Challenger" in their latest Radarview on Cybersecurity
Sequretek was featured as “Challengers” by Avasant in their latest RadarviewTM (April 2022) on Cybersecurity across the globe. The report features 29 multi-billion $ global companies, it is an honor to be amongst the best in the cybersecurity space. Sequretek was selected basis its Innovation, Practice Maturity and Partner Ecosystem.
Unique Selling Proposition / Competitive Advantage:
Sequretek’s Artificial Intelligence (AI) based solutions ensure increased efficiency in threat detection as the element of human dependency to write rules to detect are eliminated. The algorithm self analyzes and create rules and identifies patterns which are malicious. They have different point products competing for each of their products (split between legacy and new-age companies).
Beyond the technological advancements, they are one of the very few companies across the world who have their own product, platform, and professional services around the product and platform. Beyond the technological advancements, they are one of the very few companies across the world who have their own product, platform, and professional services around the product and platform. A detailed comparison is a part of the pitch deck.
A select few differentiators are as follows:
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Cutting Edge Technology Products that use AI, ML, Deep Learning, SOAR, Big data Analytics etc.
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Integrated Products to reduce TCO.
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Ease of Use and Simplify Security
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High investments in R&D, Product Development & Engineering, Malware Research and Technical trained and certified professionals
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Winner of many awards & recognition (Gartner, Avasant, Startup India and more)
𝐀𝐜𝐡𝐢𝐞𝐯𝐞𝐦𝐞𝐧𝐭𝐬 𝐚𝐧𝐝 𝐦𝐢𝐥𝐞𝐬𝐭𝐨𝐧𝐞𝐬 𝐨𝐟 𝐭𝐡𝐞 c𝐨𝐦𝐩𝐚𝐧𝐲:
Starting from 2013, Sequretek has grown to a team of 400 cyber security professionals today. After having presence in Mumbai, Bangalore and Delhi, Sequretek marked its international expansion through their office in United States and plan expanding to other geographies and markets. Sequretek has direct sales support in US, India regions whereas they have signed up with partners in different regions like Africa, Europe, Singapore and Middle East Regions.
Sequretek has leading banks, financial services, insurance, manufacturing, healthcare, IT companies in its marquee clientele.
Key Milestones:
• They today have an employee strength of over 400 working for them in different regions in India and US
• 28+ customer wins in the current financial year
• 11+ Awards & Recognition solely in the year 2021-22
Recognition:
• Featured in Gartner’s Report on AI in Attack Detection (Nov 2021) - Our AI technology found resonance with a recent Gartner report around use of AI in cybersecurity, with 12 companies identified globally that were playing a differentiated role in using AI for threat detection and response
• Technology Integration with Intel Corporation (2022) - Sequretek also announced technology integration with Intel Corporation in the usage and integration of Accelerated Memory Scanning (AMS), Threat Detection Technology (TDT) and GPU in accelerating and improving the threat detection capability in our products.
• Winner of the National Startup Awards 2021, organized by Startup India, Government of India (Jan 2022) - Very recently, Sequretek was announced “Winners of National Startup Awards 2021” by the Prime Minister's office (Govt. of India) for demonstrating its innovative use of AI in cybersecurity
• Featured by Avasant as "Challenger" in their latest Radarview on Cybersecurity (Apr 2022) - Sequretek was featured as “Challengers” by Avasant in their latest RadarviewTM (April 2022) on Cybersecurity across the globe. The report features 29 multi-billion $ global companies, it is an honor to be amongst the best in the cybersecurity space. Sequretek was selected basis its Innovation, Practice Maturity and Partner Ecosystem.
• Benchmarking and Certification of Products by ICSA Labs, USA (ongoing since 2019) - ICSA tested Percept EDR using primary threat vectors leading to enterprise breaches. The tests use malicious threats including new and little-known Ransomware that other security products typically miss. Percept EDR demonstrated superb threat detection effectiveness against 640+ new & little-known threats.
• Partnership with Ingram Micro – One of the Largest IT Distributors in India
Ingram Micro has announced the addition of Sequretek to its Cloud portfolio in India. Sequretek was one of the runners-up in the India edition of Comet Competition 2019, Ingram Micro’s global start-up challenge for early-stage B2B technology companies.