Protectt.ai, a mobile app cybersecurity and fraud prevention platform, has raised Rs 76 crore in a Series A funding round led by Bessemer Venture Partners. The investment will support AI-powered security innovations, product development, and expansion into global markets, including the U.S., Middle East, and Asia-Pacific (APAC) regions.
The company plans to strengthen its AI-driven security platform, introduce advanced cybersecurity solutions, and attract specialized talent in the cybersecurity sector. This funding marks a significant milestone in Protectt.ai’s journey to becoming a global leader in mobile threat defense.
Protectt.ai: AI-Driven Mobile Security Solutions
Founded by Manish Mimani and Mohanraj Selvaraj, Protectt.ai is a Mobile Threat Defense (MTD) cybersecurity company that specializes in securing mobile applications, devices, and digital transactions. The company has developed a unique XDR platform, which offers real-time protection against cyber threats, online fraud, and malicious attacks.
Protectt.ai’s AI-powered security technology provides always-on, proactive defense for mobile applications from development to deployment. The platform ensures that businesses and users are fully protected against emerging cyber risks, making it an essential tool in today’s mobile-first world.
The company also serves as a compliance hub, helping mobile app owners meet security regulations from entities such as RBI, SEBI, and NPCI. This allows financial institutions, fintech companies, and other regulated industries to maintain compliance while securing their applications.
Growing Market Presence and Cybersecurity Impact
Protectt.ai has already made a strong impact on the cybersecurity industry, securing over 300 million smartphones and processing approximately 2 billion+ mobile app sessions each month. The company claims to prevent 200 million+ cyber threats and fraudulent activities monthly, highlighting the critical role of AI-driven security in protecting digital transactions.
Its solutions are widely used in industries such as banking, insurance, non-banking financial companies (NBFCs), fintech, stock exchanges, and government mobile applications. As the use of mobile apps continues to grow, Protectt.ai is playing a key role in safeguarding digital assets from security threats.
Global Expansion and Future Growth Plans
With cyber threats becoming more advanced, Protectt.ai is expanding its AI-first security solutions to global markets, focusing on the United States, Middle East, and APAC regions. The startup is investing in new cybersecurity technologies, hiring top talent, and forming strategic industry partnerships to strengthen its position as a leader in mobile threat defense.
Looking ahead, Protectt.ai aims to develop next-generation cybersecurity solutions that will further enhance fraud prevention and mobile application security. The company’s long-term vision is to establish itself as a global leader in AI-driven mobile security, ensuring that businesses and consumers stay protected in an era of increasing digital transactions.
According to Vishal Gupta, Partner at Bessemer Venture Partners, Protectt.ai is well-positioned to tackle evolving cyber risks through its AI-driven approach. As mobile usage rises, ensuring the security of digital transactions and mobile applications has become a top priority. Protectt.ai’s rapid growth and cutting-edge security solutions make it a key player in the future of mobile cybersecurity.
