Aniket Pujari
The launch marks a significant development in the field of cyber risk management, as traditional governance, risk, and compliance companies have struggled to integrate automation and artificial intelligence effectively.
The app, according to Safe Security’s Co-Founder and CEO Saket Modi, can exponentially increase the efficiency of cyber risk management for business leaders.
“We have seen early results take efficiency up by 300% to 400%,” Modi shared, emphasising that SafeX allows security officers to access critical security insights at unprecedented speeds.
A recent KPMG survey of global CEOs revealed that cybersecurity is now the number one concern for business leaders worldwide. Modi emphasised that cybersecurity is no longer just a technical issue; it’s a core business risk that must be understood and managed by non-technical executives as well. SafeX seeks to bridge this gap by offering an intuitive, voice-enabled interface that allows users to ask questions about their organisation’s security posture and receive immediate, data-driven answers.
“It is one of the first apps of its kind, giving personalised insights while enabling users to act on those insights using Gen AI,” Modi said.
SafeX will be available for free on mobile devices, offering general data insights. However, enterprises that require more personalised and comprehensive data will need to purchase a subscription.
In a separate development, Redcliffe Labs, a omnichannel diagnostics service provider, has successfully raised $42 million in its Series C funding round. This latest investment round was spearheaded by Denmark-based investment firm IFU, which contributed $20 million. In addition, existing investor Leapfrog added $15 million, while the remaining funds were sourced from shareholders HealthQuad and Spark Growth Ventures.
With this infusion of capital, Redcliffe Labs aims to accelerate its expansion plans and enhance its diagnostics service offerings, particularly in underserved regions.
Aditya Kandoi, the Founder and CEO of Redcliffe Labs, expressed the company’s ambition to broaden its presence, especially in tier II and III cities. “We have more than 50% of our labs right now in tier II and III, and with this fundraise, we plan to establish 100 more labs in the next three years,” Kandoi shared.
Kandoi also highlighted Redcliffe’s strategy of partnering with entrepreneurs in the healthcare sector, particularly radiologists and pathologists who operate regional diagnostic chains. “We basically want to partner and grow these regional chains as well,” Kandoi said. This collaboration will enable Redcliffe Labs to expand its diagnostic network while maintaining local expertise and operational efficiencies, he said.
In addition to building new labs, Redcliffe Labs plans to enhance its infrastructure of collection centers, which will feed into its labs. “This traditional way of consuming diagnostics is very important when we go into the hinterland and serve people out there,” Kandoi emphasised.
Additionally, LearnTube, an AI-powered personalised learning platform, has successfully garnered initial commitments for its $2 million seed round. The funding round is supported by notable investors such as Blitzscaling Ventures, GoodWater Capital, and Bisk Ventures, alongside a grant from Act Capital. The funds are aimed at accelerating LearnTube’s expansion in live learning, global partnerships, and technological advancements.
Shronit Ladhani, Co-Founder of LearnTube stated, “We will be investing in building live learning products where AI creates, delivers, and sells courses, supported by a small team. We are also exploring global partnerships, particularly in the US market, as well as with content creators and job platforms.” He emphasised that these initiatives are set to fuel the company’s exponential growth over the next 12 to 18 months.
LearnTube currently has 17 lakh users and its revenue has surged 14 times in the past 15 months.
The platform’s standout feature is its AI-powered, personalised approach to learning. According to Ladhani, “LearnTube provides learners with courses custom-tailored to their needs. Our AI creates a course based on each user’s background and goals, offering the fastest and most effective learning path.”
Also, Suresh Sambandam, Founder & General Partner of Mudhal VC shared his views on how the firm is trying to solve funding woes for early stage startups.
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