April 2026 | India AI & Cybersecurity Startup News
Deep Algorithm has raised ₹16 crore in a pre-Series A funding round, led by Unicorn India Ventures.
The round also saw participation from:
- SB Investment
- Prakash Govindan
- Himanshu Singhal
The funding will support the company’s global expansion, product innovation, and AI security capabilities.
Funding to Drive Global Expansion & Product Innovation
With fresh capital, Deep Algorithm plans to:
- Expand into international markets
- Accelerate development of AI-powered cybersecurity solutions
- Strengthen its platform with advanced identity and threat intelligence features
The move comes as demand for AI-driven cybersecurity solutions continues to rise globally.
AI-Powered Cybersecurity Solutions
Founded in 2021, Deep Algorithm focuses on building next-generation cybersecurity platforms for enterprises.
Key Products:
- adapID-AI: A behavioural identity intelligence platform for identity risk management
- BotShield-AI: A solution for:
- Zero-day threat prevention
- DDoS mitigation
- Runtime application security
These tools help organizations detect threats in real time and prevent fraud, cyberattacks, and unauthorized access.
Strong Growth Trajectory
The company has reported rapid growth in its business metrics:
- 3X increase in closing ARR from FY25 to FY26
- Targeting 20X growth by FY27
This reflects strong demand for AI-led cybersecurity solutions across industries.
Enterprise Client Base Across Key Sectors
Deep Algorithm serves clients across:
- BFSI
- Fintech
- Enterprise sectors
Notable Clients:
- Canara Bank
- Karnataka Bank
- DCB Bank
- CSB Bank
- NCRTC
- BVH
This diverse customer base highlights the startup’s strong traction in critical industries.
Market Outlook: Rising Demand for AI Cybersecurity
With increasing digital adoption, enterprises are facing:
- Rising cyber threats
- Identity-based attacks
- Complex fraud patterns
Startups like Deep Algorithm are addressing these challenges by combining AI, behavioural analytics, and real-time threat detection.
Ruchi Kumar is the associate editor at Entrepreneur News Network and TVW News India, where she leads editorial strategy, brand storytelling, and startup ecosystem coverage. With a strong focus on innovation, business, and marketing insights, he curates impactful narratives that spotlight India’s evolving entrepreneurial landscape. She has written extensively on fintech, AI and emerging startups.