Netenrich Deepens India Commitment with Strategic BFSI Win and New Mumbai Office

Mumbai, Maharashtra, India – Business Wire India

Netenrich, a leader in outcome-driven security operations, today announced a new customer engagement with Nuvama Group (NSE:BSE - Nuvama), one of India’s leading Wealth Management firms. This engagement, focused on transforming security operations, coincides with the opening of Netenrich’s new office in Mumbai, which will serve as a hub for the company’s focus on India’s financial services sector.

This engagement with Nuvama Group is a landmark example of Netenrich’s strategic focus on the Indian BFSI sector. It signals a significant step in the company’s regional growth strategy and reflects its commitment to delivering adaptive, intelligence-driven security tailored to India’s regulated financial sector.

The move deepens Netenrich’s investment in India, transitioning from a long-standing R&D and engineering presence to a direct, customer-facing operation. With years of experience delivering outcome-based security for complex enterprise environments, the company is now focused on bringing its proven model to India’s financial sector.

“Our expansion into Mumbai marks a critical step in our commitment to securing India’s financial sector,” said Raju Chekuri, Chairman and CEO of Netenrich. “Legacy SIEMs and fragmented XDR tools are no match for today’s GenAI-enabled threats. Financial leaders need a modern, data-driven security model that delivers measurable outcomes, not more alerts. Our considerable advantage is our foundation on the Google SecOps Enterprise platform, where our Adaptive MDR offering combines powerful technology with deep domain expertise. This enables institutions move from reactive defense to intelligent, outcome-driven security operations.”

To address these modern challenges, Nuvama Group is strengthening its overall security posture by deploying Netenrich Adaptive MDR (Managed Detection and Response), a data- first, intelligence-driven service that combines proactive threat detection, continuous risk assessment, and automated response capabilities.

“We’ve reached a point where proactive, intelligence-driven security is no longer optional,” said Harsh Jha, Chief Technology Officer (CTO) at Nuvama Group. “Netenrich brought the technical depth and operational clarity we were looking for, not just in tooling, but in execution. They understood what we needed and responded with practical solutions.”

This new customer engagement is a cornerstone of Netenrich’s broader regional vision. The Mumbai location will serve as a hub for sales, field engineering, and client engagement, complementing the company's existing technology centers in Hyderabad, Bhimavaram, and Bengaluru.

The new office is located at:

Netenrich Technologies Private Limited,

G Block, Plot C 59, 11th Floor, Platina, Bandra Kurla Complex, Mumbai, Maharashtra – 400051, India

Netenrich plans to expand its local team and deepen its collaborations with cloud providers and compliance experts as it grows its India presence. With increasing demand for cybersecurity talent and expertise in India’s BFSI space, the company expects Mumbai to play a critical role in its regional strategy.

Netenrich’s approach also aligns with India’s evolving regulatory landscape. It’s Adaptive MDR solution helps BFSI institutions address mandates from key regulators such as RBI, SEBI, and CERT-In by combining contextual threat monitoring, automated response, and compliance-ready reporting.

About Nuvama Group

Nuvama has built a strong foundation of trust and reputation in the Indian market over 25 years. As one of India’s leading integrated wealth management firm in India, Nuvama oversees INR 4,30,651 Cr of client assets and caters to a diverse set of clients which includes 12+ lac affluent and HNIs and 4,250+ of India’s most prosperous families, as of Q4 FY25. Nuvama offers wealth management solutions, covering investment advisory, estate planning, investment management, lending and broking services for individuals, institutions, CXOs, professional investors, and family offices. It also offers a wide bouquet of alternative asset management products and is a leading player in capital markets.

For more details, please visit: https://www.nuvama.com.

About Netenrich

Netenrich is redefining security operations with a proactive, shift-left approach. Our Adaptive MDR solution, powered by Resolution Intelligence Cloud™ technology, leverages artificial intelligence and big data to deliver customized experiences and data-driven results for every client. With a focus on agility and innovation, our solution evolves with your changing needs and brings you a step closer to achieving autonomic operations. As a trusted and pure-play Google partner specializing in Google SecOps, we've transformed hundreds of customers across various sectors, including technology ISVs, healthcare, finance, and technology. From our global hubs, we provide 24/7 proactive uninterrupted operations, peak performance, and peace of mind.

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