OMVAPT Pvt. Ltd. is an information security services startup focusing on consciousness.
What is OMVAPT?
OMVAPT is a visionary project founded by Krishna Gupta in 2016, specializing in information security. The startup has successfully woven together the ancient concept of omnipresence (‘OM’ in Sanskrit) with modern technological prowess encapsulated in ‘VAPT’ (Vulnerability Assessment and Penetration Testing).
VAPT is commonly known as ethical hacking. Though colloquially referred to as ethical hacking, in the security context, it is termed as VAPT, inspiring the company’s nomenclature.
As data protection becomes an integral aspect of day-to-day lives, from small businesses to personal affairs, this solo-founder startup recognizes the importance of securing information, both digital and offline. Information Security, positioned as covering both Information Technology (IT) and IT security, assumes a prominent role at the forefront.
The vision of the startup is “to ensure the information is safe in the organization.”
The endeavor involves mitigating risks for countless global companies, aligning with secure design principles as per European information security standards, and prioritizing security throughout every business facet.
In Krishna’s simplified version “The plan is to be a top-notch information security company globally.”
The mission of the startup is “to ensure proactive security of the information in the organization for at least a crore of organizations around the world.”
Startup | OMVPAT Pvt. Ltd |
Website | omvapt.com |
Founded | 2016 |
Headquarters | Bengaluru, India |
Services | Information Security, FixaRisk |
Revenue Model | b2b,b2c, Subscription Based |
OMVAPT Quick Overview
How did it start?
This idea of the startup is actually not entirely new. It started brewing two decades back when Mr. Gupta used to work and was in the manual removal of viruses for a project in Symantec. He gained vast experience in offensive security.
Imagine being a cyber detective on the attack, not waiting for threats but actively hunting and stopping the bad guys. Methods like offensive penetration testing are used to uncover and shut down harmful operations in the cyber world. It’s a proactive way to keep the digital space safe.
VAPT being his core passion and expertise, his dream bloomed and this project started. The tagline for the company stands as ‘We secure risks’.
Area of Operation
Headquartered in Bengaluru, India, the journey of this venture goes beyond geographical boundaries, and by the year 2019, has expanded to Europe in Tallinn, Estonia.
Problem Solvers- FixaRisk
A distinctive angle of the solo-funded startup’s offerings is- FixaRisk, an initiative designed to address contemporary challenges such as moonlighting, the great resignation, and the persistent shortage of cybersecurity skills. It acknowledges the preferences of the emerging GenZ workforce and provides freelance opportunities on a global scale.
Positioned as a cybersecurity platform, it caters to the specific needs of MSMEs, offering solutions for vulnerabilities, risk identification, and resolution from the viewpoint of potential attackers.
Revenue Model
In terms of revenue, this project adopts a diversified approach, catering to both B2B and B2C segments. The introduction of FixaRisk as a Cyber Security Freelancing platform and the subscription model for customers seeking VAPT assessments reflect the company’s adaptability to evolving market demands.
Target market
As of now this B2B startup primarily directs its services toward Indian MSMEs and startups in other countries.
OMVAPT Team Size
The company boasts a team of 15-30 employees, primarily consisting of Offensive Security Certified Experts, reflecting the company’s commitment to expertise in the cybersecurity domain.
Expansion Plans
Looking forward, OMVPAT outlines strategic plans for stabilizing and expanding its team. The company also harbors ambitions of venturing into the US and Singapore markets, recognizing the global nature of cybersecurity challenges.
SWOT Analysis
The strength of this startup lies in its Team members, who are handpicked and have their own set of required expertise.
The weakness of OMVPAT lies in the huge market because society is at security risk, and therefore this product needs a strong push.
The opportunities lie in the untapped huge market, where every small business to the regular household could be a potential customer.
The threat is that educating and persuading price-conscious Indian consumers pose hurdles.
As Krishna mentioned, hiring freshers is a bit challenging for the targeted roles, plus the competition in the market is increasing every year.
OMVAPT Funding
The company has pursued a bootstrap strategy, relying on internal resources to fuel its growth. This approach underscores their commitment to autonomy and self-sustainability, distinguishing this Bengaluru-based startup from peers that seek external funding.
OMVAPT Founders
At the helm of OMVAPT is founder and Managing Director Krishna Gupta, steering the company toward its overarching mission of ensuring proactive security for information in organizations worldwide.
Smt. Anu Gupta holds the position, as an additional director primarily involved in administrative and compliance purposes.
Rewards and Recognitions
The information security provider is acknowledged and recognized by StartUp India and the Start-Up Karnataka Government.
This further underscores OMVPAT’s standing in the startup ecosystem.
More
What sets OMVPAT apart in terms of funding and problem-solving initiatives?
OMVPAT has adopted a bootstrap strategy, relying on internal resources for growth, distinguishing it from startups seeking external funding. The company addresses contemporary challenges through its initiative called FixaRisk, catering to the emerging GenZ workforce by providing freelance opportunities on a global scale.