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Sequretek

Mumbai-based cybersecurity company offering the Percept XDR and NG SIEM platform plus managed security services.

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50/100Incremental Innovator

Overview

Sequretek, founded in 2013 by Pankit Desai and Anand Naik, sells the Percept platform, which includes XDR, endpoint detection and response, identity governance and managed security services. It serves roughly 120 customers across manufacturing, financial services, pharma and retail, according to press profiles.

It raised an $8 million Series A led by Omidyar Network India in late 2023.

Innovation Matrix Assessment

Innovation Velocity 5/10

Broad platform expansion from MSS into XDR, EDR and IGA over a decade.

Operational Value 6/10

Bundled platform plus managed service helps resource-limited teams.

Market Momentum 5/10

$8M Series A from Omidyar Network India and about 120 customers reported; modest scale.

Category Disruption 4/10

Integrated XDR with managed delivery is common in the market.

Real-World Efficacy 4/10

Gartner Peer Insights listing exists but no independent tests or named incidents found.

Enduring Relevance 6/10

Detection and response demand persists, though competition from larger platforms is strong.

Why CISOs Should Care

Offers detection, response and managed monitoring in one package for mid-market and emerging-market enterprises.

What Makes It Different

Pairs a platform with its own managed service, targeting buyers without a mature SOC.

The Matrix Verdict

50/100 — INCREMENTAL INNOVATOR

Sequretek sits at the boundary of Incremental Innovator: solid, established, but with limited differentiation or independent efficacy proof.

Editorial Note: Claims vs. Verified Findings

Customer count and Gartner association are partly company-reported; a peer-review listing is not an analyst endorsement.

Sources