Bengaluru, November 13, 2024 – Pantherun Technologies, a leading innovator in data encryption, has been recognized as one of NASSCOM’s Emerge 50 startups for 2024. This prestigious accolade highlights Pantherun’s work in leveraging deep tech to secure data on any device, contributing to transformative solutions in the wireless and IoT space.

The NASSCOM Emerge 50 Awards, now in their fourteenth year, celebrate the most promising technology startups in India, spotlighting those driving significant innovation and reshaping industries on a global scale. Pantherun Technologies’ inclusion in this elite list underscores its commitment to pioneering “Made in India” technologies that are setting new benchmarks in data security and IoT.

“Our recognition as a NASSCOM Emerge 50 startup is a testament to our dedication to innovation and excellence in deep tech,” said Mr. Srinvas Shekar, CEO and Co-Founder, Pantherun Technologies. “We are proud to be at the forefront of India’s deep tech sector, delivering cutting-edge solutions that safeguard data and empower industries worldwide by developing solutions that not only enhance connectivity but also ensure data security in an increasingly digital world.”

According to NASSCOM, India’s deep tech ecosystem has seen remarkable growth, with investments doubling from $1.3 billion in 2019 to over $2.5 billion in 2023. The sector, driven by advancements in AI, IoT, and advanced materials, now boasts over 3,000 startups. Government initiatives, such as the Deep Tech Mission and the establishment of Technology Innovation Hubs, have played a pivotal role in fostering this innovation boom.

As India solidifies its position as a global telecom manufacturing powerhouse, Pantherun Technologies is poised to play a crucial role in shaping the future of secure, connected technologies. The NASSCOM Emerge 50 recognition affirms Pantherun’s position as a leader in driving deep tech innovation, promoting national growth, and enhancing global connectivity.