Data Safeguard Secures Seed Funding from Auxano Capital

Bengaluru-based Data Safeguard India, a startup specializing in privacy management and fraud prevention, has successfully raised its seed funding round from Auxano Capital.

The newly secured capital will be strategically deployed to accelerate the company's business expansion initiatives, significantly bolster its research and development efforts, and further enhance its AI-powered technology stack.

This technological advancement will be crucial in supporting compliance with India's Digital Personal Data Protection (DPDP) Act and in effectively combating the growing threat of synthetic fraud.

Established in 2022 by Sudhir Sahu, Data Safeguard offers a suite of advanced solutions leveraging artificial intelligence and machine learning to secure both structured and unstructured data. Its key product offerings include ID-PRIVACY, ID-REDACT®, and ID-MASK® for comprehensive data redaction and masking, alongside ID-AML and ID-FRAUD, which are designed to detect and prevent sophisticated synthetic identity fraud.

Sudhir Sahu, the Founder and CEO of Data Safeguard, emphasized the critical importance of their work in today's digital environment, stating, "Privacy Management and Fraud Prevention have become critical concerns for businesses in today's digital landscape. Auxano Capital's investment will enable us to expand our footprint and enhance our AI-driven technology stack to address these growing challenges."

Data Safeguard's innovative solutions are currently utilized by a diverse range of organizations, including banks, fintech companies, hospitals, e-commerce platforms, government entities, and cloud service providers, to ensure robust data protection and adherence to regulatory requirements.

Brijesh Damodaran, Co-founder of Auxano Capital, expressed his firm's support for Data Safeguard's mission, stating, "Data Safeguard is building essential digital infrastructure for trust and compliance. We're proud to support their mission."

DSG Leadership