NSEIT Acquires Global Cybersecurity Company, Aujas

NSEIT, a wholly owned subsidiary of NSE, has acquired a global cybersecurity company, Aujas Networks Limited (Aujas) to further strengthen its cybersecurity offerings. NSEIT will help Aujas scale its services and capabilities, with a strong focus on helping customers stay ahead of IT security challenges.

Aujas founded in 2008, provides information security consulting and IT risk management services with operations in India, Middle East and North America. Aujas has 400 skilled cybersecurity professionals and over 390 customers globally. Its service portfolio includes information risk advisory, identity & access management, threat management and security analytics.

NSEIT provides a range of information technology services to the exchange ecosystem, banking, financial service and insurance (BFSI) for close to two decades and is constantly growing its offering in the digital, analytics and cybersecurity space. Today’s acquisition will help NSEIT provide globally benchmarked cybersecurity offering to enterprises, including cybersecurity assessments, risk management, cutting edge security product implementation and security monitoring & response.

Vikram Limaye, MD & CEO, NSE said that NSE has played a transformative role in Indian capital markets. NSE is constantly looking for opportunities to further strengthen and secure the capital market ecosystem. Cybersecurity, according to him is the key to secure the exchange ecosystem and BFSI. Towards this, NSE Group aims to setup the requisite security infrastructure to continue the transformative drive, he said.

NSEIT CEO & MD N Muralidharan said that teaming up with Aujas would help them offer next-generation cybersecurity services and platforms to address emerging security threats. NSEIT and Aujas will now focus on offering market-leading solutions to their global customers. Aujas is a perfect fit for them, thanks to former’s expertise in cybersecurity transformation services, strong team, and global customers, he said.

Aujas, according to its CEO Sameer Shelke, is now a significant company in the cybersecurity market, working with various organizations globally to build and transform their security strategies and controls. Aligning to the NSE Group would enable them to accelerate growth in newer competencies and enhance opportunities for their fantastic team, he said.

Interestingly, Aujas will continue to be led by its current management team. Sameer Shelke will lead Aujas as its Chief Executive Officer, while Srinivas Rao will serve as Mentor. Neither of the companies disclosed the financial terms of the private transaction. DCS Advisory India was the exclusive financial advisor for Aujas and its shareholders.