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A National Cyber Security Solutions provider is looking to raise funds.

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Ragavan rajkumar (Globesecure Technologies Ltd)

Business Brief

It is a Cyber Security Solutions Partner. They work with industries that are highly regulated and compliance-driven to ensure Deep Protection of their Data and Information from Security Threats. Their efforts of ensuring Data Protection for customers has been well recognized by Media, CIO Groups & IT Associations.

End use of funds:

Business Divisions

They are making separate division for IOT 


Products & Services

Firewall, Load balancer, EDR, Managed services 

Proposal

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Industry

Information and Communications Technology-ICT

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Sub Industry

IT Services and Consulting (Cybersecurity)

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Nature of Business

B2B

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Sector

Services

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Location

India

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Region

Western

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Open For Dilution

36 %

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Top Customer

Kotak bank

kotak securities

mcx

yes bank

Fino bank 

strives 

indrayani ivf

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Ask

INR 12 Cr

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End use of fund

  • Funds will be used for getting into managed services business and into Chennai, Bangalore and Hyderabad operation
  • With additional INR 8-10 crs they will be adding INR 30 cr of topline and bottom line of INR 3 crs

Financial Information 2024 (in Cr) 2023 (in Cr) 2022 (in Cr)
Sales 23.89 25.83 26.37
EBITDA 3.3 3.36 2.59
PAT 1.01 1.66 1

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