AI-based data privacy startup Redacto has raised ₹12 crore ($1.4 million) in a seed funding round led by PeerCapital and Antler India, with participation from angel investors.
Key Highlights
- Redacto raised ₹12 crore in a seed funding round led by PeerCapital with angel investor participation.
- The funds will help Redacto expand operations, enhance technology, and accelerate product development in India.
The newly raised funds will be used to enhance Redacto’s AI systems, expand its product and engineering teams, and boost enterprise adoption across sectors.
Founded in 2025 by Shashank Karincheti and Amit Kumar, Redacto offers an AI-powered data privacy and governance platform that enables enterprises to automate privacy compliance, manage sensitive data, and oversee third-party data handling efficiently.
The company currently partners with payment firms and NBFCs and is in discussions with banks, fintechs, and insurance companies preparing for Digital Personal Data Protection (DPDP) Act compliance.
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The startup competes with Indian and global players like SecurWeave, Privado, TrustCheckr, Scrut Automation, Luciditi, and Seclore, offering comprehensive data privacy, security, and compliance automation solutions.
