Bengaluru-based startup secures major funding for global risk platform
India’s fast-growing cybersecurity landscape received a major boost as Safe Security raised $70 million in fresh funding to scale its cyber-intelligence and risk management platform. Headquartered in Bengaluru, the company is known for its AI-driven, predictive tools that help large enterprises measure, manage, and mitigate cyber risk in real time.
The funding round was led by Avataar Ventures, with participation from existing backers including BT Group, Vertex Ventures, and Telstra Ventures. With growing enterprise demand for proactive security, the company plans to expand globally, with a focus on regulated industries such as banking, telecom, and healthcare.
The deal underscores rising investor appetite for cyber-intelligence tools—especially those that can integrate artificial intelligence to manage risk at scale.
How Safe Security became a global risk partner
Founded in 2012 by Saket Modi and Rahul Tyagi, Safe Security began as a cybersecurity services firm focused on penetration testing and ethical hacking. Over time, the founders realized that most organizations lacked a real-time understanding of their risk exposure.
In response, they developed SAFE (Security Assessment Framework for Enterprises)—a predictive cyber risk quantification platform. SAFE scores an organization’s security posture across people, process, and tech layers, using live data.
This marked a shift from services to SaaS. In 2019, the company rebranded and pivoted fully into product development. Since then, Safe Security has added several Fortune 500 clients and entered global partnerships with cloud and telecom majors.
AI-driven cyber-intelligence tools for enterprises
Safe Security’s core product offers real-time risk visibility across digital assets using AI and machine learning. Unlike traditional static assessments, the platform connects to existing infrastructure to generate a risk score that updates as systems evolve.
Moreover, the solution integrates external threat intelligence with internal posture data. This allows CISOs to prioritize risks based on both likelihood and business impact.
The SAFE platform is now used by firms across sectors such as banking, telecom, and retail. Its predictive models have proven particularly valuable for companies preparing for audits or regulatory reviews. Partners include BT Group and Infosys, both of which have integrated the platform into their enterprise offerings.
Investor demand for cyber-intelligence tools
The $70 million Series B round led by Avataar Ventures is one of the largest in Asia’s cybersecurity space this year. It signals growing investor belief in next-gen cyber-intelligence tools that can go beyond alerts and offer quantifiable insights.
According to Avataar’s managing partner Mohan Kumar, “Safe Security is addressing one of the biggest gaps in the cybersecurity market: making cyber risk measurable and actionable. Their AI-native approach is exactly what global enterprises need.”
Furthermore, participation from telcos like BT and Telstra highlights interest from infrastructure players whose networks form the backbone of digital economies. These companies are not only investors but also key adopters of Safe’s platform.
Scaling from India to global cyber markets
With this funding, Safe Security plans to scale operations in the US, UK, and Middle East while expanding R&D in India. Hiring across engineering and data science teams is already underway in Bengaluru and Pune.
In addition, the company plans to deepen integrations with cloud platforms like AWS and Azure, making it easier for global clients to deploy the platform. These moves will position Safe as a default intelligence layer for enterprises managing hybrid and multi-cloud environments.
CEO Saket Modi emphasizes that risk transparency is no longer optional. “Boards are asking hard questions about cyber exposure. We give them the answers—in real time and in dollars,” he said.
This ability to translate technical threats into business metrics gives Safe Security an edge in an industry that increasingly requires board-level accountability.
India’s cybersecurity shift from services to product
Safe Security’s rise reflects a larger shift happening in India’s tech ecosystem. Once seen primarily as a services hub, the country is now producing global software products in verticals like security, fintech, and SaaS.
Startups like Safe, which combine deep domain knowledge with enterprise-focused AI, are leading the way. Moreover, India’s large talent pool and regulatory tailwinds are making it easier to build compliant, scalable solutions for global markets.
As a result, Safe Security is not just a company to watch—it’s a signal that Asia is ready to lead the next era of enterprise cybersecurity innovation.
