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AI NewsHyderabad Startup Deep Algorithm Raises ₹16 Cr to Expand AI-Driven Identity Security Platform
6:10 PM IST · April 23, 2026
Hyderabad-based cybersecurity startup Deep Algorithm’s Pre-Series A funding was led by Unicorn India Ventures.
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“We launched UPI in 2016 and reached our first billion transactions by 2019. In a very short time, we scaled massively into a national payment system."
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The initiative seeks to bring together data, compute resources, talent, and funding from multiple countries and organisations to develop frontier AI systems.
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Cyient Foundation has proposed an investment of approximately ₹7.5 crore over three years.
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AMD has announced the winners of its AI Engage 2026 program, recognising AI developers, researchers, and students across India for outstanding projects, research, community engagement, and innovation.
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