In Startup50 2017: Since its inception in 2012, Innefu Labs, the enterprise security company, has signed deals Mahindra & Mahindra, CRPF and Border Security Force, organisations which prioritise cybersecurity and leave nothing to chance. In November 2017, the company raised its Series-A of US$ 2 million from private equity fund, IndiaNivesh.

Founders: Tarun Wig, Abhishek Sharma

Seizing the cyber-security opportunity: At a time when most vendors are focused on providing IT services, cyber-security solutions provider, Innefu Labs’ solutions pertain to biometrics authentication and multi-factor authentication, in addition to using data analysis to stay ahead of virtual threats to its client companies.  The company takes pride in clinching prime clients such as Mahindra & Mahindra, CRPF and Border Security Force, companies that can ill afford to take a chance in this regard. This is a testament to its domain expertise and the quality of service it provides.

Innefu Labs’ clientele comprises over 100 companies that also  come from industries such as banking and financial services.

Growing at a steady pace: In April 2017, Innefu Labs raised funding worth Rs. 10 crore from private equity fund, IndiaNivesh. The company plans to utilise these funds on product and technology development, increasing its team size from the current number of 60 and entering new markets such as Sri Lanka and Bangladesh. This apart, Innefu Labs plans to ramp up sales within India in the next two years.

Quick Facts:

• Innefu Labs uses multi-factor authentication in addition to data analysis to see off virtual threats
• Clinched clients such as Mahindra & Mahindra, CRPF and Border Security Force for whom cyber-security is paramount

In Numbers

60

No. of employees at Innefu

100+

No. of enterprise clients served

INR 10 crore

Capital raised from IndiaNivesh