To capitalise on the digital economy’s growth, 63 Moons plans to establish a pan-India franchise network, with pricing details to be disclosed on 1 March
63 Moons Technologies Ltd, a technology provider, announced its expansion into the cybersecurity sector targeting India’s mobile security and digital infrastructure market. The company revealed partnerships with ten global cybersecurity firms, spanning from Israel to the USA, to offer tailored protection solutions against cyber threats in the rapidly expanding digital infrastructure sector.
These alliances, including with companies like Blackberry, Resecurity, and Morphisec, aim to develop a top-tier cybersecurity suite. Jignesh Shah, Mentor and Coach at 63 Moons, emphasised the critical importance of cybersecurity in today’s landscape, highlighting the company’s commitment to innovation and disruption in this field.
63 Moons has introduced a comprehensive mobile security solution, CYBX, catering to India’s vast mobile phone market. Additionally, they’ve launched a custom enterprise solution, 63 SATS, aimed at safeguarding digital infrastructure. Another initiative, CYBERDOME, provides defence against digital attacks targeting critical public infrastructure networks.
These offerings are backed by a Centralised Security Operations Nerve Centre (SOC) and supported by a decentralised franchise network, according to Shah.
To capitalise on the digital economy’s growth, 63 Moons plans to establish a pan-India franchise network, with pricing details to be disclosed on March 1st. Shah highlighted the financial sector, particularly banking, as a key target market for their cybersecurity solutions.
Shah expressed optimism regarding India’s position in the global digital economy under Prime Minister Narendra Modi’s leadership. He also mentioned ongoing discussions with both public and private banks to offer their cybersecurity solutions.
“Given the unprecedented scale and viciousness of cyberattacks, cybersecurity is paramount for all individuals, institutions, corporate entities and countries.
We are continuing our legacy of innovation and disruption by entering into the cybersecurity arena,’‘ Jignesh Shah, Mentor and Coach, 63 moons said.
“Europe stands for the industrial economy, the USA for capitalism, Japan for electronic, China for manufacturing and the Gulf is for oil. The Indian economy will be identified as the digital economy of the world, based on the vision and environment that has been created by Prime Minister Narendra Modi”, Shah added.
Market projections indicate a significant growth potential, with the Indian cybersecurity market expected to reach ₹1 Lakh Crore by 2029, amidst a global market estimated to hit ₹42 Lakh Crore by 2030.
