Business · Companies · 2 hrs ago

Protectt.ai to Acquire Controlling Stake in Bosch-Incubated AIShield

Protectt.ai to Acquire Controlling Stake in Bosch-Incubated AIShield

India-based Protectt.ai plans to acquire a controlling stake in AIShield, an AI security platform incubated within Bosch Global Software Technologies.

Bosch will keep a minority stake, and the deal will combine a primary share issuance with a secondary purchase; its value and completion date have not been disclosed.

AIShield develops tools to protect machine-learning models, generative AI applications and AI supply chains from attacks and compliance risks.

After the deal, it will operate independently under Protectt.ai, with its own management and a focus on research and product development.

The acquisition would extend Protectt.ai’s mobile security business into enterprise AI security, with plans to serve private companies and government organisations.

AIShield has 12 to 15 employees and aims to grow to 50 to 60 by March 2027; Protectt.ai is also exploring further acquisitions and partnerships in areas including API and cloud security.

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Manish MimaniProtectt.ai cofounder
There will be cash, a secondary component and future investments as required. The current structure is a combination of cash and ESOPs. Future investments will depend on the requirements of the business.
via Inc42