Deep Algorithm Solutions Secures $1.7M Pre-Series A Funding to Boost AI Cybersecurity and Fraud Prevention

Indian AI cybersecurity startup Deep Algorithm Solutions has raised $1.7 million in a pre-Series A funding round.

The funding, equivalent to Rs 16 crore, was led by Unicorn India Ventures with participation from SB Investment, Prakash Govindan, and Himanshu Singhal.

Company History and Previous Funding

Founded in December 2021 by JP Mishra, the Hyderabad-based firm previously secured Rs 10.8 crore in seed funding from the same lead investor in 2025.

This latest round brings total capital raised to over $3 million, fueling rapid growth in a competitive landscape.

Core Products and Market Impact

Deep Algorithm Solutions specializes in Continuous Identity Risk Management using behavioral biometrics and AI.

Its flagship products, adapID-AI and BotShield-AI, combat identity fraud, DDoS attacks, and zero-day threats.

The company serves major clients like Canara Bank, Karnataka Bank, DCB Bank, and NCRTC in BFSI and government sectors.

Future Expansion and Projections

Proceeds will drive international market entry, product enhancements, and the launch of an agentic identity platform.

JP Mishra highlighted the shift to dynamic behavioral signals for defending against evolving AI-driven threats.

The startup projects a threefold ARR increase from FY25 to FY26 and 20-fold growth by FY27.

This investment signals strong momentum for India's AI cybersecurity sector amid rising digital fraud challenges.