Can you provide an overview of redinent Innovations’ journey and highlight the key innovations that have led to this recognition?
Redinent’s journey started when the founders- me, Arko Dhar and Cdr K Arun, were having some deep discussion on how privacy is getting compromised in today’s digital world. Coming from Cyber security domain and Risk assessment background, when we started the vulnerability of IoT devices around us, we were surprized by the scale at which these devices are vulnerable, we could see that at a global scale there are more than 100 Million IoT devices that are marked vulnerable or even worse, have been hacked and their owners are not even aware about it. Our research could establish close to 8 million vulnerable IoT devices listed in India, and hackers can very easily take advantage of them.
With so many data points in hand, we started thinking about the reasons that IoT ecosystem around us is so vulnerable. This led to a discussion on mechanisms to protect IoT devices., This is when we realised the vacuum in the market and then subsequently decided to set up a Startup dedicated towards IoT security.
In our journey, we have been fortunate to get quick customer engagement contracts, and also get funding from Startup India, DST through IIT-Patna TIH, Investment platform Cogniphy and of course our friends and family. In a short span of 16 months, Redinent proudly serves, some of the most famous smart townships, industrial and Oil and Gas Giant, law enforcement agency etc.
Today Redinent proudly serves customers in 4 continents, and 5 countries, and is growing from strength and is also recognised as a start up that has disclosed multiple zero days and has been awarded 1 patent, has obtained ISO27001 and has featured in national and international media.
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Esta historia es de la edición July 2023 de Outlook Business.
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