Redacto has raised Rs 12 crore (around $1.4 million) in a seed funding round led by PeerCapital and Antler India, with participation from several angel investors.
The funds will be used to strengthen the company’s AI systems, expand its product and engineering teams, and drive enterprise adoption of its data privacy and governance platform.
Founded in 2024 by Shashank Karincheti and Amit Kumar, Redacto provides an AI-based data privacy and governance platform for enterprises. The platform helps organizations in banking, finance, and insurance manage data discovery, consent tracking, and vendor risk while complying with India’s Digital Personal Data Protection (DPDP) Act.
The startup is currently working with payment companies and NBFCs and is in discussions with banks, fintechs, and insurance firms preparing for DPDP compliance.
Its platform offers data mapping, consent management, vendor risk checks, breach workflows, and regulatory reporting through a single system.
The company’s product suite includes a Privacy Engine for automated data discovery, ConsentFlow for permission management, VendorShield for third-party risk monitoring, and TrustCentre for compliance sharing.
Redacto’s mission is to build a consumer-centric privacy platform that helps businesses comply with data protection laws while giving individuals better control over their personal data.
