Protectt.ai wins DSCI Innovation Box 2023 Award
Mumbai, 30, May 2023: Protectt.ai, a leading Mobile Threat Defence & cybersecurity company, has been announced as the winner of the Innovation Box 2023 at the 10th edition of the Data Security Council of India (DSCI). The recognition further highlights the company’s commitment to offering innovative Mobile App Security Platform that provide maximum protection to businesses by controlling cyber threats and Frauds to Mobile Apps.
Commenting on this win, Manish Mimani, CEO and Founder, of Protectt.ai said, “We are delighted and humbled to be recognized by DSCI as the Innovation Box 2023 winner. This recognition is a testament of our team’s hard work and dedication to developing the best security solutions focused on emerging Mobile Threats & Frauds. This recognition has encouraged us to continue innovating and developing solutions that provides the highest level of protection to businesses, mobile banking apps, and individuals alike.”
Vinayak Godse, CEO Data Security Council of India said, “For over a decade, the Innovation Box has served as a premier platform for innovators to exhibit their innovative cybersecurity products. The initiative has gained widespread recognition, allowing industry leaders to identify and honour the most innovative product of the year. Going forward, the Innovation Box seeks to expand its influence by venturing into additional sectors, fostering a culture of innovation throughout various industries.”
The event also highlighted the pivotal role of cybersecurity in today’s world and immense opportunities that lie ahead while acknowledging the daunting challenges that need to be addressed collectively. With a special emphasis on the significance of digitizing payments, the event further emphasized on the future of finance, its scalability and innovation, rapid adoption of emerging technologies, growing digital footprint, and how finance has intertwined with every digital aspect. And hence why concerted efforts and continuous learning are required in managing the complex challenges of security, privacy, and fraud.
To further bring advancements in RunTime Application Self Protection driven Mobile Threat Defence, Protectt.ai is now planning to raise $10-12 m in Series A funding. As its next level of growth, the company further intends to provide Mobile App & Device security, covering 2 billion Mobile App sessions every month, spanning over 200 million smartphone users in India.