Deep Algorithm Solutions, a cybersecurity and AI startup focused on fraud prevention in digital financial ecosystems, has raised nearly $1.25 million (Rs 10.8 crore) in its seed funding round led by Unicorn India Ventures, it announced on Wednesday.
The round also saw participation from other angel investors, the startup said in a statement.
The funds raised will be primarily used to scale engineering and threat intelligence teams, accelerate GTM activities in India and Southeast Asia, expand integrations with key enterprise platforms (Azure AD, Okta etc.), enhance the behavioural AI and fraud analytics engine, the statement added.
The company plans to expand its sales presence in BFSI hubs like Mumbai and Bengaluru, and is in advance talks with clients in Kenya, South Africa, and the UAE. It is also building channel partnerships with system integrators and cloud marketplaces, the statement added.
Founded in December 2021 by JP Mishra, Deep Algorithm’s flagship platform includes adapIDAI (adaptive behavioural intelligence identity security risk engine) and BotShield (prevent zero-day attack, DDOS mitigation and run time application security).
INDIA DEAL MONITOR
Here are the prominent venture capital transactions in India announced from July 15-16, 2025.
Startup | Headquarter | Investment Size (USD) | Investment Stage | Lead Investor(s) | Other Investor(s) | Industry | Verticals |
---|---|---|---|---|---|---|---|
Deep Algorithm Solutions | Hyderabad | 1,250,000 | Seed | Unicorn India Ventures | - | Software | Big Data |
Fire AI | Mumbai | - | Pre-Seed | Venture Catalysts | Gaurav Khatri (Co-founder and CEO of Nois, Amit Kumar Singh (Former Managing Director, Central Warehousing Corporation) | Software | AI and Machine Learning |
Mufin Green Finance | Delhi | 6,500,000 | Debt | Developing World Markets (DWM) | - | Financial Services | Fintech Lending |
Truemeds | Mumbai | 20,000,000 | Series C | Peak XV Partners | - | Pharmaceuticals | E-commerce |
Trupeer | Bengaluru | 3,000,000 | Seed | RTP Global | Salesforce Ventures | Software | AI and Machine Learning |
The Wedding Company | Bengaluru | 1,000,000 | Pre-Seed | LVX, Tremis Capital | Wakefit co-founder Chaitanya Ramalingegowda, Ajith Pai, Dropbox co-founder Arash Ferdowsi | Consumer Services | - |
Dial4242 | Mumbai | 1,040,000 | Pre-Series A | IAN Group | BioAngels, IIM Bangalore’s NSRCEL | Healthcare Services | Ridesharing/Transport |
Aquila Clouds | Gurugram | - | - | Finvolve | - | Software | Fintech |
KNOT | Mumbai | 3,000,000 | Pre-Series A | Kae Capital | Sparrow Capital, Boundless Ventures LLP, founders of SNITCH, The Souled Store, and Bonkers Corner | Retail | E-commerce |
Zulu Club | Gurugram | 250,000 | pre-Seed | TDV Partners | - | Retail | E-commerce |
Zuppa | Chennai | 1,500,000 | Bridge | Rahul Dewan, founder of Sangam Talks | Ajay Gupta, The Mangwani Family Office former owners of Aquapharm Chemicals Pvt Ltd | ||