Pantherun Technologies

About Pantherun Technologies

Pantherun Technologies Private Limited is a cybersecurity innovator founded in 2019 by Srinivas Shekar and Tiffany Chan, with its headquarters in Bengaluru, India. Srinivas Shekar, the CEO, is a technology entrepreneur with a background in secure networking, embedded systems, and FPGA-based architectures, having previously co-founded and exited multiple tech ventures. The company has developed a patented, AI-powered data protection algorithm that provides real-time AES encryption for high-speed data throughputs without requiring key exchanges, making data breaches significantly more difficult.

The core of Pantherun's technology is an AI-defined key generation process. Instead of traditional handshakes, it computes a unique key for each transmission by running a statistical correlation algorithm on past data exchanged between a source and destination. This method eliminates vulnerabilities associated with key exchange protocols like SSL/TLS and is designed to be resistant to quantum computing threats. The technology is versatile, offered as Verilog IP for FPGAs and silicon, or as a software library compatible with Windows, Linux, Android, iOS, and RTOS. This makes it suitable for resource-constrained edge devices in sectors such as industrial IoT, railways, defense, and smart cities.

Pantherun operates on a B2B model, licensing its IP to customers. The company has demonstrated its technology's effectiveness in a project with Indian Railways, where it reduced transmission latency for CCTV video feeds by 40%. Since its first funding round in March 2022, Pantherun has raised a total of $7.55 million over four rounds from investors including ThinKuvate, Capital 2B, SIDBI Venture Capital, and Piper Serica. As of April 2025, the company had a valuation of ₹238Cr and reported annual revenue of ₹1Cr for the fiscal year ending March 31, 2024.