Mitigata, a full-stack cyber resilience platform, has raised $5.9 million in its Series A funding round led by Nexus Venture Partners, with continued backing from existing investors Titan Capital and WEH Ventures.
The fresh funds raised will be used to develop its AI-powered security and risk management platform, enhance its suite of cyber resilience services, and scale operations across major Indian cities and international markets.
This investment will also be used to strengthen its capabilities across the full cyber risk lifecycle, including prevention, mitigation, response, and risk transfer. Mitigata will also double down on hiring top-tier talent across security, insurance, and compliance to drive innovation and scale.
As part of its growth plans, Mitigata will establish three dedicated Global Security Operations Centers (SOCs) in Bengaluru, Mumbai, and Delhi to scale its AI-driven threat detection, incident response, and managed security services across the country.
Founded in 2021 by Mohit Anand, Mayank Morya, Sarthak Dubey, and Akshit Kaushik, Mitigata is a full-stack cyber resilience platform and the first IRDAI-regulated insurance broker fully focused on cyber insurance.
Mitigata unifies security, compliance, and insurance into a single, intelligent platform. Its AI-driven risk manager provides real-time visibility and actionable insights across the entire cyber risk spectrum. Mitigata enables organizations to build strategic, scalable, and cost-effective cyber resilience.
The company’s platform leverages AI-powered tools alongside deeply integrated services to deliver real-time, outcome-driven cyber protection. Core capabilities include RELIQ, its proprietary Cyber Risk Quantification model, Attack Surface Monitoring, Threat Intelligence, Dark Web & Brand Monitoring, Phishing Simulations, and GRC Automation.
Mitigata also offers a robust suite of services, including 24×7 SOC monitoring, VAPT, CERT-In empanelled audits, incident response, digital forensics, and deployment of cybersecurity tools. The company uniquely embeds Forward-Deployed Security Engineers (FDSEs) within client environments, enabling hands-on, real-time threat detection and response, ensuring organizations not only gain visibility but actionable, on-ground protection.
Mitigata partners with all major general and public-sector insurers, including HDFC ERGO, ICICI Lombard, TATA AIG, Bajaj Allianz, and New India Assurance.
Mohit Anand, Co-founder and CEO, Mitigata, said, “Most businesses still treat cyber insurance and security as separate cost centers, often relying on fragmented vendors and siloed solutions. At Mitigata, we’ve reimagined and Indianised the model — delivering integrated, high-impact cyber resilience that combines security and insurance into a single, cost-efficient solution tailored to the unique needs of Indian organizations.”
Sarthak Dubey, Co-founder and COO, Mitigata, said, “Our mission goes beyond traditional cybersecurity — we are building strategic resilience for India’s digital economy by driving cybersecurity innovation from within. This directly supports the vision of an Atma Nirbhar Digital India, particularly in the critical domains of cybersecurity and national security.”
Anand Datta, Partner, Nexus Venture Partners, said, “We believe the future of cybersecurity and Insurance is an integrated, full-stack approach. Mitigata is pioneering a new AI-led services approach to cyber resilience that covers the entire lifecycle—from prevention and mitigation to risk transfer via insurance. Their model is precisely what Indian enterprises need to thrive securely. We are proud to be partners with this mission-driven team from day zero.”
Deepak Gupta, General Partner, WEH Ventures, said, “In a short span of time, Mitigata has become the trusted partner for solutioning cybersecurity and insurance across enterprises as they face up to this mounting challenge. It has been a privilege to see their outstanding traction, and we are extremely proud to back them again as they scale up and build out a true “Made in India” full-stack AI-based offering, which is the need of the hour.”
