Cybersecurity Startup Deep Algorithm Attracts ₹10.8 Cr to Scale Threat Intelligence and BFSI Deployments

  • Deep Algorithm is a cybersecurity and AI startup focused on fraud prevention in digital finance.
  • Deployed solutions at a major bank and government agency; engaging with banks and fintechs.
  • Received a patent from the Government of India in March 2024.
  • Expanding sales across Mumbai, Bengaluru; exploring partnerships in Kenya, South Africa, and UAE.
  • Funding will scale engineering and threat intelligence, expand integrations, and boost go-to-market efforts in India and Southeast Asia.
  • Launched adapIDAI for behavioral identity security and BotShield to guard against zero-day attacks and secure applications.

Mumbai/Hyderabad | July 16, 2025 — Deep Algorithm Solutions, a fast-rising cybersecurity and artificial intelligence startup focused on fraud prevention in digital financial ecosystems, has raised ₹10.8 crore in a seed funding round led by Unicorn India Ventures, with support from prominent angel investors.

Founded in December 2021 by cybersecurity expert JP Mishra, Deep Algorithm has built a pioneering suite of AI-powered solutions for safeguarding financial institutions and enterprises. Its core platforms include:

  • adapIDAI — an adaptive behavioral intelligence identity engine for continuous authentication and identity risk management
  • BotShield — an advanced defense system for zero-day attacks, DDoS mitigation, and runtime application protection

Deployment & Momentum

In the past 12 months, Deep Algorithm has:

  • Completed live deployments at a leading private bank, a government entity, and a private hospital
  • Completed two enterprise PoCs
  • Doubled product update cycles
  • Received a patent from the Government of India (March 2024) and filed an international patent (PCT)

Expansion & Roadmap

With growing traction, the company is set to:

  • Expand sales operations in BFSI hubs such as Mumbai and Bengaluru
  • Engage in active discussions with clients in Kenya, South Africa, and UAE
  • Build strategic alliances with system integrators and cloud marketplaces

The fresh capital infusion will accelerate:

  • Engineering and threat intelligence team growth
  • GTMs across India and Southeast Asia
  • Integrations with enterprise platforms such as Azure AD and Okta
  • Enhancement of its behavioral analytics engine for smarter fraud detection
“Our goal is to solve the most nuanced challenges in identity security and fraud prevention using indigenous AI,” said JP Mishra, Founder & CEO. “This investment validates our commitment to shaping the future of digital trust.”

Global Perspective

Unicorn India Ventures’ Anil Joshi emphasized that the BFSI sector’s demand for robust cybersecurity is only increasing. “Deep Algorithm is positioned to be a game changer in a critical space. Their experienced team and proprietary technology make them a strong contender for global scale.”

What’s Next

In the next 12–18 months, Deep Algorithm plans to:

  • Launch a SaaS offering for mid-market enterprises
  • Expand to two new international markets
  • Introduce an analytics dashboard for fraud/risk teams
  • Ramp up R&D on agentic AI for real-time fraud resolution

Backed by innovation centers and trusted by top institutions, Deep Algorithm is setting a new benchmark in cyber defense—blending deep tech, strategic agility, and scalable trust architecture.

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