Private Equity

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Data governance platform Redacto raises Rs.12-Cr led by PeerCapital

Indian Startup Times   Redacto  

Hyderabad-based privacy and data governance platform Redacto has raised INR 12 crore (around USD 1.4 million) in a seed funding round led by PeerCapital and Antler India, with participation from a group of angel investors.The company plans to use the funds to enhance its AI systems, expand its product and engineering teams, and drive enterprise adoption among financial institutions and digital businesses navigating the complex world of data compliance.Founded in 2025 by Shashank Karincheti and Amit Kumar, Redacto helps organisations automate compliance, manage sensitive data, and monitor how third parties handle information.