Deep Algorithm secures ₹10.8 Cr in seed round to redefine AI-Powered cybersecurity and fraud prevention
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In a decisive push to tackle growing cybersecurity threats in the digital financial ecosystem, Deep Algorithm Solutions, a Hyderabad-based cybersecurity and AI startup, has raised ₹10.8 crore in seed funding led by Unicorn India Ventures, with participation from prominent angel investors.
Founded in December 2021 by JP Mishra, Deep Algorithm focuses on leveraging indigenous AI to combat sophisticated cyber fraud, particularly in banking and fintech environments. The company’s cutting-edge solutions—adapIDAI, an adaptive behavioral intelligence identity security platform, and BotShield, a tool for preventing zero-day attacks and ensuring runtime application security—are already live at a major private sector bank and a government organization.
“This round validates our belief that continuous authentication and behavioral intelligence will be central to the future of digital trust,” said JP Mishra, Founder and CEO. “We’re solving nuanced identity security problems through AI that is both homegrown and highly contextualized.”
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