Protectt.ai To Acquire Controlling Stake In Bosch’s AIShield
AI-native cybersecurity startup Protectt.ai plans to acquire a controlling stake in AIShield, an AI security platform incubated within Bosch Global…
Protectt.ai, an AI-native cybersecurity startup, is set to acquire a controlling stake in AIShield, an AI security platform developed within Bosch Global Software Technologies (BGSW). The transaction, comprising both primary and secondary components, will see Protectt.ai acquire the majority stake while Bosch retains a minority stake.
Founded in 2022 by Shiv Kumar and Amit Phadke, AIShield develops security solutions for machine learning models, generative AI applications, and AI supply chains, helping enterprises defend against AI-based attacks and address compliance risks. By combining AIShield's AI security capabilities with Protectt.ai's mobile security platform, the combined entity aims to expand into enterprise AI security.
Protectt.ai, founded in 2020 by Manish Mimani and Mohanraj Selvaraj, provides mobile threat defence solutions and plans to leverage AIShield's expertise to build an India-developed AI security platform for private companies and government organisations.
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