Hornet Decentratech, a crypto forensics and investigation platform, has raised ₹4 crore in seed funding from Artha Venture Fund.
The funds raised will be used to expand into B2C, B2B, and B2G markets by enhancing risk analysis tools, strengthening regulatory compliance solutions, and extending its presence across multiple regions.
Hornet plans to utilize the funds in three key areas:
- B2C App for Risk Analysis & Asset Monitoring – Aimed at individual users, offering real-time insights into cryptocurrency risks and asset movements.
- B2B AML/CTF Compliance Solutions – Providing financial institutions, including crypto exchanges, with cutting-edge tools to meet Anti-Money Laundering and Counter-Terrorism Financing regulations.
- B2G Expansion – Strengthening Hornet’s collaborations with government agencies across India and internationally to bolster law enforcement capabilities in crypto-related investigations.
Over the next 12 months, Hornet is committed to scaling its operations across multiple verticals:
- B2C Launch – A dedicated risk analysis and asset management app.
- B2B Expansion – A specialized AML compliance product for financial institutions.
- B2G Growth – Extending Hornet’s existing forensics solutions to more states and international markets.
Souvik Haldar, CEO of Hornet, said, “This funding validates our vision to make India self-reliant in crypto and dark web forensics. As financial institutions face increasing challenges related to Anti-Money Laundering (AML) and Counter-Terrorism Financing (CTF) compliance, Hornet remains committed to equipping crypto exchanges with the best-in-class solutions. We are grateful to Artha Venture Fund and our partners for their trust and support as we scale our impact.”
Founded in 2023 by Souvik Haldar and Subhro Jyoti Mondal, Hornet is a cryptocurrency forensics and investigation platform.
It is a 100% indigenously researched and developed crypto forensics product, serving law enforcement agencies (LEAs), financial institutions, and crypto exchanges.
Hornet specializes in tracking, monitoring, and investigating cryptocurrency-related crimes, including money laundering and dark web activities.
