Business EconomyPosted at: Nov 12 2026 3:02PM


SecurEyes clocks ₹100 crore turnover, eyes institutional funding

Bengaluru, Nov 12 (UNI) Bengaluru-based cybersecurity company SecurEyes, founded by two MCA graduates from Odisha's Cuttack, has crossed the ₹100-crore turnover mark through a completely bootstrapped business model and is preparing for its next phase of global expansion, including its first institutional funding round.
Established in 2006 by Karmendra Kohli and Seemanta Patnaik, the company has grown from a four-member startup operating out of a rented rooftop apartment in Bengaluru into an international cybersecurity firm with eight offices worldwide and more than 1,000 clients, including union Ministries, central banks and multinational corporations.
As the company completes 20 years of operations, the founders are exploring institutional investment to accelerate expansion, while retaining control over the terms of funding.
Unlike technology startups that depend on venture capital to scale operations, SecurEyes followed a zero-debt growth strategy, prioritising financial discipline, maintaining a six-month emergency cash reserve and reinvesting profits into the business.
The company also balanced its domestic and international operations, with overseas assignments generating higher margins and Indian government and corporate engagements providing long-term business stability.
Kohli, CEO and Director, and Patnaik, CTO and Director, studied Master of Computer Applications under Utkal University before pursuing different career paths to develop specialised expertise. Kohli moved to the United States to specialise in internet security, while Patnaik went to Japan to gain experience in enterprise solutions.
Before launching SecurEyes, the duo developed an open-source security tool, 'Goldfinger', which recorded more than one million downloads, strengthening their technical credentials.
The company initially faced the challenge of creating awareness about cybersecurity among businesses at a time when digital security was still an emerging segment in India. Its early clients included ING Vysya Bank and government initiatives.
SecurEyes operates through two principal verticals — cybersecurity consulting and proprietary technology products.
Its consulting services include security testing, governance, risk and compliance (GRC) frameworks and enterprise-level developer training. Its AI-driven software platforms address cyber risk, third-party risk and operational risk management.
In 2023, its supervisory platform developed for financial regulators received international recognition from a consortium of 131 central banks, the founders said.
The company has also established the SecurEyes Cyber Security Academy to address the shortage of skilled professionals through industry-oriented training.
The founders see growing demand for cybersecurity solutions as businesses and financial institutions increasingly depend on digital infrastructure. They also believe India's technology talent, including professionals from smaller cities, can build globally competitive enterprises.
Patnaik attributed the company's two-decade journey to trust-based relationships with clients, employees and business partners, while Kohli emphasised perseverance, mentorship and partnerships built around complementary skills.
From a rooftop startup to a ₹100-crore enterprise, SecurEyes is now looking to strengthen its international presence and expand its technology portfolio.
UNI BDN
Tags: #SecurEyes clocks ₹100 crore turnover# eyes institutional funding
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