Deep Algorithm's Funding Fireworks: Rs 16 Cr to Revolutionize Identity Security

Deep Algorithm announced the funding on April 23, 2026, marking a key milestone for the company founded in 2021 by JP Mishra. The round builds on prior seed investment of Rs 10.8 crore from the same lead investor, signaling strong follow-on support. With cyber threats evolving rapidly, this infusion positions the startup to address enterprise demands for adaptive security solutions.

Key Highlights

• Rs 16 crore raised in Pre-Series A, led by Unicorn India Ventures with UAE and US investors
• Targets international expansion and AI-driven identity security enhancements
• Builds on Rs 10.8 crore seed round; serves banks, fintech, and government clients
• 3X revenue growth FY25-FY26; 20X projected by FY27 amid rising cyber risks
  
  

Sources: The Hindu BusinessLine, MediaCatalyst, TechObserver, Ascendants