By
Tricitynews
Chandigarh March 16, 2021:- Bengaluru based cybersecurity solutions provider InstaSafe
Technologies becomes India’s fastest growing cybertech startup, according to
Deloitte India’s Tech Fast 50 India 2020 Awards.
The “Technology Fast 50” India 2020
programme ranks the fastest growing technology companies in India based on
their percentage revenue growth over the past three financial years. Instasafe
Technologies was ranked amongst the top 10 startups as it clocked a
year-on-year revenue growth of 574%.
Commenting on the development, Sandip Kumar
Panda, CEO of InstaSafe
Technologies said that with
cybersecurity moving from the confines of security team discussions to
conversations amongst CXOs in the boardroom, it is apparent that businesses are
realising the indispensable nature of a robust cybersecurity posture. At the
same time, give the incredible speed at which threat actors are
evolving and innovating, a simplified, cloud ready security solution is the
need of the hour. This is what InstaSafe has been trying to achieve - securing
businesses and simplifying the challenge of access from anywhere with a
hyperflexible, scale as you go solution. Our incredible growth story is
testament to the fact that security, as a concept and a precaution, has started
being taken seriously by CISOs. We hope to be able to continue to make the
internet safer and connected through a process of continuous innovation and
improvement.
An Underdog in the worldwide
Cybersecurity market, InstaSafe has been quietly pioneering Zero Trust Security
and Crowd sourced Security Solutions in India. Today, InstaSafe serves
customers across 20+ Countries and organisations across verticals from
Governments, enterprises and MSMEs to leading startups. InstaSafe has helped
corporates across diverse domains in their quest to stay productive during the
COVID crisis and also secured companies from cyberattacks during Covid and
beyond.
The startup expanded its existing
customer base multi-fold and a cloud traffic surge of 25x with users, adding
more than 1,20,000 clients for business continuity, amidst the COVID crisis.
and witnessed revenue growth of XXX% over the last year. Some of the highlights
of this surge in customers were the deployments locations across India,
Singapore, Philippines, Romania, South Africa, Middle East, Western Europe,
& United States.
Instasafe is also recognized as one of
the 5 start-ups listed by the
Ministry of Electronics & Information Technology (Meity) & Data
Security Council of India(DSCI), Government of India for creating a secured
work environment at home, and has been recommended by Gartner as a preferred
solution for crafting a remote work strategy, along with Microsoft and Google
Cloud.
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