I'm incredibly excited to finally share that PurpleRain has closed its Pre-Seed funding round, raising ₹40 lakh at a ₹5.7 crore post-money valuation.
This journey has been anything but normal. It meant taking investor calls during lunch breaks, writing code late into the night, balancing meetings with everyday life, getting rejected more times than I can count, and continuing to build anyway.
PurpleRain started with a simple goal: make cybersecurity accessible for small and medium businesses without the complexity and ridiculous costs that usually come with it.
This funding gives us the opportunity to move faster. We'll be investing in the product, growing the team, and bringing our vision to more businesses over the coming months.
A huge thank you to everyone who believed in PurpleRain before this announcement. To our investors, mentors, partners, friends, and early supporters, thank you for trusting the vision.
This is our first funding round.
We're just getting started.
Yash Kulkarni
Founder & CEO, PurpleRain