Bengaluru-based privacy engineering startup PrivaSapien Technologies has raised Rs 8 crore in a seed funding round led by Omidyar Network India.
The startup plans to use the raised funds for research and product development, scaling sales and marketing efforts, and expanding its geographical footprint.
Founded by Abilash Soundararajan and Deepika Abilash, PrivaSapien is a business-to-business privacy engineering company that helps businesses to unlock data without violating user privacy.
The startup claims it is currently working with global technology partners in areas like cloud, consulting, and system integration and its products are being used in industries handling personal data like healthcare, finance, telco and connected devices.
Omidyar Network India is an impact investment firm that makes investments in early-stage enterprises in sectors such as emerging technology, education, and financial inclusion.