Microsoft-backed Rubrik: India’s Cybersecurity Superhero!

December 26, 2023
1 min read

US-based startup Rubrik Inc, backed by Microsoft, is planning to strengthen cybersecurity in India through acquisitions. The company, which focuses on cloud data management and security, believes that the cybercrime business will be worth $10 trillion by 2025, making cybersecurity the third-largest economy globally. Rubrik’s chairman, co-founder, and CEO, Bipul Sinha, emphasizes the need for increased cyber defense in India as cyber attacks become more inevitable with the country’s digital growth and newly-announced laws. In addition to expanding its business in India, Rubrik is partnering with a cyber insurance provider to assist financial services companies. The company has also launched a $10-million ransomware recovery warranty campaign in India to cover expenses for restoring protected data. Rubrik serves more than 5,000 enterprise customers, including Pepsico, Honda, GSK, Sephora, and Home Depot.

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