India, June 5 -- AI-powered cybersecurity startup Innefu Labs has raised $30 Mn (about Rs.285.2 Cr) in its Series B funding round led by Singapore-based growth equity firm Panthera Growth Partners.

The funding, which included a mix of primary and secondary transactions, comes as the startup prepares for an initial public offering (IPO) and looks to expand its presence in international markets following its recent expansion into the Middle East.

Founded in 2010 by Tarun Wig and Abhishek Sharma, Innefu provides cybersecurity software for defence, intelligence, law enforcement, revenue intelligence and enterprise customers.

The startup said the fresh capital will be used to accelerate global expansion, strengthen R&D, and build sovereign ...