December 24, 2020
Number of start-ups has gone up to 225 in 2020 from 175 in 2018
With opportunities opening up in the cyber security space, young entrepreneurs have set their eyes on developing niche information technology security and data protection products. That the number of start-ups in the cyber security products space has gone up to over 225 in 2020 from 175 two years ago shows the increased interest among the new breed of entrepreneurs in this sunrise sector.
Bengaluru tops the list with 49 such start-ups, followed by Maharashtra with 38, Delhi with 26, Hyderabad with 14 and Chennai with 7 start-ups.
“It is heartening to note that 63 per cent of them have integrated artificial intelligence and machine learning capabilities in their products and 78 per cent of them are cloud-ready,” Rama Vedashree, Chief Executive Officer of DSCI (Data Security Council of India), said.