Cybersecurity startup Mitigata raises $5.9 million in Series A round from Nexus Venture Partners, others

Cyber Resilience Platform Mitigata has raised $5.9 million in a Series A funding round led by Nexus Venture Partners, with participation from Titan Capital and WEH Ventures. 

The startup will use the funds to improve its AI-based security and risk tools, expand its services and grow in both Indian and global markets.

Read Also- Explain the Importance of Corporate Governance in Modern Business

“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 organisations,” said Mohit Anand, Co-founder and CEO, Mitigata. 

“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,” said Anand Datta, Partner, Nexus Venture Partners. 

About Mitigata 

Founded in 2021 by Mohit Anand, Sarthak Dubey, Mayank Morya, and Akshit Kaushik, the Bengaluru-based Mitigata offers a complete cyber resilience platform that combines cybersecurity, risk management, compliance, and cyber insurance in one AI-powered solution.

Mitigata aims to set up three global security operation centers in Bengaluru, Mumbai, and Delhi, while also expanding its teams in security, insurance, and compliance.

Advertisment

It currently supports over 500 businesses across 25 industries and is India’s first IRDAI-approved insurance broker dedicated entirely to cyber insurance.