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{{short description|Indian computer company executive}}
{{Infobox person {{Infobox person
| name = Saket Modi | name = Saket Modi
| birth_date = {{birth date and age|df=yes|1990|07|31}} | image =
| caption =
| birth_date = {{Birth date and age|1990|07|31}}
| birth_place = ], ] | birth_place = ], ]
| nationality = Indian | nationality = Indian
| alma_mater = ],<br>] | alma_mater = ], ]
| occupation = ] and ], ] | occupation = ]
| known for = Co-founder of Safe Security
| title = CEO, Safe Security
}} }}


'''Saket Modi''' (born July 31, 1990) is an ], co-founder and ] of Safe Security, a ] and digital business risk quantification company, based out of ], ].<ref name="Balachandaran"/><ref>{{Cite web|date=2021-02-05|title=Cybersecurity startup Lucideus undergoes a rebrand|url=https://www.techcircle.in/2021/02/05/cybersecurity-startup-lucideus-undergoes-a-rebrand|first=Shweta|last=Sharma|access-date=2021-02-15|website=Techcircle}}</ref>
'''Saket Modi''' (born 31st July, 1990) is a ]-based ].<ref>{{cite news |last= Goyal|first= Malini|date= 2 September 2019|title= India's tech founders love America|url= https://economictimes.indiatimes.com/small-biz/startups/features/indias-tech-founders-love-america/something-in-the-hawa/slideshow/70944095.cms|work= ]|location= |access-date= 24 January 2020}}</ref> He is the ] and ] of ], an enterprise cyber security platforms company backed by ]'s former ] and ] ].<ref name="BCD">{{cite news|last1=Chaudhary|first1=Deepti|title=Why John Chambers loves Saket Modi’s Lucideus|url=https://www.fortuneindia.com/technology/breaking-the-cyber-web/102624|publisher=Fortune India|access-date=24 January 2020}}</ref> Saket has been featured in the 40 under 40 list of ],<ref name="fortuneindia">{{cite news|title=40 Under 40|url=https://www.fortuneindia.com/40under40/saket-modi-rahul-tyagi-vidit-baxi?year=2019|publisher=]|access-date=24 January 2019}}</ref> 35 under 35 list of ]<ref name="entrepreneur">{{cite news|last1=|first1=|title=A Password To Security - Saket Modi, 26, Founder, Lucideus TECH
|url=https://www.entrepreneur.com/slideshow/288525#6|publisher=]|access-date=24 January 2020}}</ref> and 30 under 30 list of ].<ref name="ABC">{{cite news|last1=Dhamija|first1=Anshul|title=30 Under 30: Saket Modi - Hacking and securing the world wide web|url=http://www.forbesindia.com/article/30-under-30/30-under-30-saket-modi-hacking-and-securing-the-world-wide-web/42331/1|publisher=]|date=18 February 2018|access-date=24 January 2020}}</ref>


==Early life== == Early life ==
Modi is born and raised in ], India. His father is a businessman.<ref name="Balachandaran">{{cite news|last1=Balachandaran|first1=Manu|date=26 April 2018|title=Saket Modi: Hacking for the greater good|work=]|url=http://www.forbesindia.com/article/innovation-nation/saket-modi-hacking-for-the-greater-good/50031/1}}</ref><ref name="Morgan">{{Cite web|date=2020-08-03|last=Morgan|first=Steve|title=Lucideus Goes From Elevator Pitch To Silicon Valley High-Flyer|url=https://cybersecurityventures.com/lucideus-goes-from-elevator-pitch-to-silicon-valley-high-flyer/|access-date=2021-01-05|website=Cybercrime Magazine}}</ref> He attended school at ]. In school, Modi was often found in the computer laboratory and it is there that he realised he could access the chemistry question paper stored in a password protected file.<ref name="Balachandaran" /> By using a simple ‘]’ tool, which was available for free on the Internet, he was able to unlock the paper.<ref name="Morgan" /> He later confessed to his teacher but this small incident helped Modi realize that he could use his skills for social good.<ref name="Morgan" /> In 2012, he received his undergraduate ] degree from the ], ] with a major in ].<ref>{{cite news|last1=Dhamija|first1=Anshul|date=18 February 2016|title=30 Under 30: Saket Modi - Hacking And Securing The World Wide Web|language=en|work=]|url=https://www.forbesindia.com/article/30-under-30/30-under-30-saket-modi-hacking-and-securing-the-world-wide-web/42331/1}}</ref> As an undergraduate student, Saket conducted several hands-on workshops on ethical hacking at ] (IIT) campuses across India.<ref name="Balachandaran" />
Born and raised in ], ], Saket attended his primary school education at ] and earned a degree in technology from the ] in 2009.<ref name="forbesindia">{{cite news|last1=Balachandaran|first1=Manu|title=Saket Modi: Hacking for the greater good|url=http://www.forbesindia.com/article/innovation-nation/saket-modi-hacking-for-the-greater-good/50031/1|publisher=]|date=26 April 2018}}</ref> Saket is also a ] and holds a degree from the ], ] on the ].<ref name="ABC"/><ref name="The Economic Times">{{cite news|last1=|first1=|title=Delhi-based cyber security firm Lucideus battles hackers|url=https://economictimes.indiatimes.com/small-biz/startups/delhi-based-cyber-security-firm-lucideus-battles-hackers/articleshow/19625360.cms?from=mdr|publisher=]|date=19 April 2013}}</ref>


==Career== == Career ==
In 2012, while in his fourth year of college, Saket Modi, Vidit Baxi and Rahul Tyagi started Lucideus (now known as Safe Security) at the incubation center in ], using capital from their personal savings and family.<ref name="Balachandaran"/> In 2013, Lucideus opened its first office in ].<ref name="Balachandaran"/> The company was known for doing a security assessment of the ], an ]-based mobile payment platform designed by the ].<ref>{{cite news |last1=Peermohamed |first1=Alnoor |title=Saket Modi, the millennial who keeps your data on the BHIM app safe |url=https://www.business-standard.com/article/companies/saket-modi-the-millennial-who-keeps-your-data-on-the-bhim-app-safe-118092500387_1.html |work=] |date=25 September 2018}}</ref><ref name="Chaudhary">{{cite news |last1=Chaudhary |first1=Deepti |title=Why John Chambers loves Saket Modi's Lucideus |url=https://www.fortuneindia.com/technology/breaking-the-cyber-web/102624 |work=] |date=26 October 2018 |language=en}}</ref>
In 2012, Saket Modi teamed up with his friends Vidit Baxi and Rahul Tyagi and started ].<ref name="fortuneindia"/><ref>{{cite news|title=Budget 2019 For startups|url=https://www.livemint.com/budget/news/budget-2019-for-startups-the-angel-is-in-the-details-1562347965406.html|publisher=]|date=5 July 2019}}</ref>


In 2017, Lucideus secured its initial round of funding with $2 million from Sri Shivananda (], ]), Rajan Anandan (Managing Director, ]), ] (ex-Senior Vice-chairman, ]), Vikas Agnihotri (Operating Partner, ]), Mickey Doshi (CEO, ], India), among others.<ref>{{cite news|last1=Ghoshal|first1=Anirban|date=11 May 2017|title=Lucideus Tech secures funds from angel investors|work=]|url=https://www.livemint.com/Companies/kUdYziPD8Vqn8fyzBky1lL/Lucideus-Tech-secures-funds-from-angel-investors.html}}</ref><ref>{{cite news|last1=Sarkhel|first1=Aritra|date=9 May 2017|title=Lucideus Tech raises funding from Rajan Anandan, Govind Rajan & others|work=]|url=https://tech.economictimes.indiatimes.com/news/startups/lucideus-tech-raises-funding-from-rajan-anandan-govind-rajan-others/58588357}}</ref>
In 2013, Lucideus opened its first office in ]<ref name="forbesindia"/> and subsequently, opened other 5 offices in ], ], ], ] and ].<ref>{{cite news|title=This Indian cybersecurity startup wants to repeat its winning strategy abroad|url=https://www.techcircle.in/2019/01/23/this-indian-cybersecurity-startup-wants-to-repeat-its-winning-strategy-abroad|publisher=Techcircle|date=23 January 2019}}</ref><ref>{{cite web |url= https://inc42.com/buzz/lucideus-bags-7-mn-funding-to-become-indias-most-valuable-cybersecurity-startup/|title= Lucideus Bags $7 Mn Funding To Become India’s Most Valuable Cybersecurity Startup|last= S|first= Shanthi|date= 3 December 2019|website= |publisher= Inc42|access-date=24 January 2020}}</ref>


In 2018, ]'s former Chairman and CEO ] led an investment round of $5 million through JC2 Ventures to invest in Lucideus. Chambers asked Modi to describe his business in 15 seconds and was hooked by the reply.<ref>{{Cite web|last=Singal|first=Aastha|date=2018-11-01|title=Tale of a 15-Second Pitch That Left Ex-Cisco Chairman John Chambers Impressed|url=https://www.entrepreneur.com/article/322670|access-date=2021-03-03|website=Entrepreneur|language=en}}</ref><ref name="Chaudhary"/>
Saket’s team has been responsible for the security assessment of the ], an ]-based mobile payment platform designed by ] and launched by the ], ] on 31st December 2016.<ref>{{cite news|title=Saket Modi, the millennial who keeps your data on the BHIM app safe|url=https://www.business-standard.com/article/companies/saket-modi-the-millennial-who-keeps-your-data-on-the-bhim-app-safe-118092500387_1.html|publisher=]|date=25 September 2018|access-date=24 January 2020}}</ref><ref name="BCD"/><ref>{{cite news|title=NPCI hires cybersecurity consultants to protect systems
|url=https://cio.economictimes.indiatimes.com/news/digital-security/npci-hires-cybersecurity-consultants-to-protect-systems/57745594|publisher=]|date=21 March 2017|access-date=24 January 2020}}</ref>


In 2019, Lucideus expanded its operations to the USA and other markets in the ] region, and shifted their headquarters to ], ].<ref>{{Cite web|date=2019-12-03|title=Lucideus Bags $7 Mn Funding To Become India's Most Valuable Cybersecurity Startup|url=https://inc42.com/buzz/lucideus-bags-7-mn-funding-to-become-indias-most-valuable-cybersecurity-startup/|access-date=2020-11-19|website=Inc42 Media|language=en-US}}</ref>
⚫ ==Awards and recognition==

⚫ {| class="wikitable"
== Public appearances ==

Modi has appeared as a guest on television programs including ],<ref>{{Cite web|title=Startup Street: Here's how social media influencers are redefining brand building|url=https://www.cnbctv18.com/videos/startup/startup-street-heres-how-social-media-influencers-are-redefining-brand-building-8224561.htm|access-date=2021-03-03|website=cnbctv18.com|language=en-US}}</ref> ],<ref>{{Cite web|title='We want to become the Netflix of cybersecurity'|url=https://www.fortuneindia.com/technology/we-want-to-become-the-netflix-of-cybersecurity/104910|access-date=2021-03-03|website=www.fortuneindia.com|language=en}}</ref> ],<ref>{{Cite web|last=Panel®|first=Expert|title=Council Post: 14 Tech Experts Predict Which Industries And Sectors Will Benefit Most From AI|url=https://www.forbes.com/sites/forbestechcouncil/2021/01/20/14-tech-experts-predict-which-industries-and-sectors-will-benefit-most-from-ai/|access-date=2021-03-03|website=Forbes|language=en}}</ref> and ].<ref>{{cite news |url=https://www.youtube.com/watch?v=TdL5Uw_5wY0&t=51s |title=How Safe Is Your Mobile Device?|work=]}}</ref> Also, he has spoken on various subject of ] and entrepreneurship at international forums like ], ], ], ], ], ], etc.<ref>{{cite news |title=Entrepreneur India Congress |url=https://www.entrepreneurindia.com/2016/saket-modi.php |work=]}}</ref>

⚫ == Awards and honours ==
⚫ {| class="wikitable" style="font-size:90%;"
|- |-
! Year !! Award !! Awarding organization !! Ref ! Year !! Name !! Awarding organisation !! Ref.
|- |-
|2016
| ] || ''Entrepreneur of the Year'' || ] ||<ref name="entrepreneur1">{{cite news|last1=|first1=|title=Entrepreneur of the Year in Service Business - CyberSecurity|url=https://www.entrepreneurindia.com/awards_winner.php|publisher=Entrepreneur India|date=}}</ref>
|30 under 30
|]
|<ref>{{cite web|url=https://www.forbesindia.com/article/30-under-30/30-under-30-saket-modi-hacking-and-securing-the-world-wide-web/42331/1 |title=30 Under 30: Saket Modi - Hacking and securing the world wide web |website=forbesindia.com |access-date=1 March 2021}}</ref>
|- |-
|2016
| ] || ''40 under 40'' || ] ||<ref name="fortuneindia"/>
|30 under 30
|]
|<ref>{{cite web|url=https://www.forbes.com/30-under-30-asia-2016/#77976bc326d6 |title=Forbes 30 under 30 Asia |website=forbes.com |access-date=3 March 2021}}</ref>
|- |-
|2017
| ] || ''40 under 40'' || ]||<ref>{{cite news|last1=Dar|first1=Vaishali|title=Running a Startup is One of the Most Simplest Things a Person Can Do|url=http://bwdisrupt.businessworld.in/article/-Running-a-Startup-is-One-of-the-Most-Simplest-Things-a-Person-Can-Do-Saket-Modi-Lucideus/10-11-2017-131267/|publisher=]|date=10 November 2017|access-date=24 January 2020}}</ref>
|Under 30 Summit Asia
|]
|<ref>{{cite web|url=https://www.forbes.com/sites/forbespr/2017/06/28/forbes-hosts-its-second-annual-under-30-summit-asia-in-manila/?sh=783210a052c1 |title=Forbes Hosts Its Second Annual "Under 30 Summit Asia In Manila |website=forbes.com |access-date=1 March 2021}}</ref>
|- |-
|2017
| ] || ''35 under 35'' || ]||<ref name="entrepreneur"/>
|India's 21 Young Guns
|]
⚫ |<ref>{{cite web|url=https://economictimes.indiatimes.com/speakers/saket-modi/articleshow/62837991.cms?from=mdr |title=WCRC The Economic Times - Saket Modi |website=economictimes.indiatimes.com |access-date=1 March 2021}}</ref>
|- |-
|2017
| ] || ''20 under 26'' || ]||<ref>{{cite news |last= Bains|first= Pahull|date= 9 February 2017|title= Meet the 20 people under the age of 26 you need to know about|url= https://www.vogue.in/galleries/meet-countrys-smartest-gen-z-ers-moment?https://www.vogue.in/galleries/meet-countrys-smartest-gen-z-ers-momenthttps://www.vogue.in/galleries/meet-countrys-smartest-gen-z-ers-momentamp=&page=2|work= ]|location= |access-date= 24 January 2020}}</ref>
|20 under 26
|]
|<ref>{{cite web|url=https://www.vogue.in/galleries/meet-countrys-smartest-gen-z-ers-moment |title=Meet the 20 people under the age of 26 you need to know about |website=vogue.in |access-date=1 March 2021}}</ref>
|- |-
|2017
| ] || ''30 under 30'' || ]||<ref name="ABC"/>
|30 under 35
|]
|<ref>{{cite web|url=https://www.entrepreneur.com/article/288526 |title=Presenting the Entrepreneur 2017 League of 35 Under 35 |website=entrepreneur.com |access-date=1 March 2021}}</ref>
|- |-
|2017
| ] || ''30 under 30'' || ]||<ref>{{cite magazine |last= |first= |date= |title= U30 Summit Asia 2019|url= https://issuu.com/forbesasia/docs/forbes_under_30_summit_asia_2019_pictorial_lres|magazine= Forbes under 30 summit Asia|location= |publisher= ]|page=2|access-date= 24 January 2020}}</ref>
|40 under 40 Achiever of the Year
|]
|<ref>{{cite web|url=http://bwdisrupt.businessworld.in/article/-Running-a-Startup-is-One-of-the-Most-Simplest-Things-a-Person-Can-Do-Saket-Modi-Lucideus/10-11-2017-131267/ |title='Running a Startup is One of the Most Simplest Things a Person Can Do' - Saket Modi, Lucideus |website=businessworld.in |access-date=1 March 2021}}</ref>
|- |-
|2018
| ] || ''Indian Ambassador of Cybersecurity'' || ]||<ref>{{cite news |last= |first= |date= 20 August 2017|title= Hacking iPhone difficult but not impossible: Saket Modi at India TV’s special show on mobile hacking|url= https://www.indiatvnews.com/business/india-hacking-iphone-difficult-but-not-impossible-saket-modi-at-india-tv-s-special-show-on-mobile-hacking-397269|work= ]|location= ]|access-date= 24 January 2020}}</ref>
|40 under 40
|]
|<ref>{{cite web|url=https://www.fortuneindia.com/40under40/saket-modi-vidit-baxi-rahul-tyagi?year=2018 |title=SAKET MODI, VIDIT BAXI, RAHUL TYAGI, 27, 28, 30 |website=fortuneindia.com |access-date=1 March 2021}}</ref>
|-
|2019
|Entrepreneur of the Year
|]
|<ref>{{cite web|url=https://www.entrepreneurindia.com/2019/awards_winner.php |title=Entrepreneur of the Year - Award Winners |website=entrepreneurindia.com |access-date=1 March 2021}}</ref>
|-
|2019
|40 under 40
|]
|<ref>{{cite web|url=https://www.fortuneindia.com/40under40/saket-modi-rahul-tyagi-vidit-baxi?year=2019 |title=SAKET MODI, RAHUL TYAGI, VIDIT BAXI, 28, 31, 29 |website=fortuneindia.com |access-date=1 March 2021}}</ref>
|} |}


==References== == References ==
{{Reflist}} {{Reflist}}


{{DEFAULTSORT:Modi, Saket}}
==External links==
]
⚫ * on ]
]

] ]
] ]
] ]
] ]
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Latest revision as of 23:07, 11 July 2024

Indian computer company executive
Saket Modi
Born (1990-07-31) July 31, 1990 (age 34)
Calcutta, India
NationalityIndian
Alma materLakshmipat Singhania Academy, The LNM Institute of Information Technology
OccupationEntrepreneur
Known forCo-founder of Safe Security
TitleCEO, Safe Security

Saket Modi (born July 31, 1990) is an entrepreneur, co-founder and CEO of Safe Security, a cybersecurity and digital business risk quantification company, based out of Palo Alto, California.

Early life

Modi is born and raised in Kolkata, India. His father is a businessman. He attended school at Lakshmipat Singhania Academy. In school, Modi was often found in the computer laboratory and it is there that he realised he could access the chemistry question paper stored in a password protected file. By using a simple ‘brute force’ tool, which was available for free on the Internet, he was able to unlock the paper. He later confessed to his teacher but this small incident helped Modi realize that he could use his skills for social good. In 2012, he received his undergraduate engineering degree from the LNM Institute of Information Technology, Jaipur with a major in computer science. As an undergraduate student, Saket conducted several hands-on workshops on ethical hacking at Indian Institutes of Technology (IIT) campuses across India.

Career

In 2012, while in his fourth year of college, Saket Modi, Vidit Baxi and Rahul Tyagi started Lucideus (now known as Safe Security) at the incubation center in IIT Bombay, using capital from their personal savings and family. In 2013, Lucideus opened its first office in New Delhi. The company was known for doing a security assessment of the BHIM, an Aadhaar-based mobile payment platform designed by the National Payments Corporation of India.

In 2017, Lucideus secured its initial round of funding with $2 million from Sri Shivananda (CTO, PayPal), Rajan Anandan (Managing Director, Sequoia Capital), Victor Menezes (ex-Senior Vice-chairman, Citibank), Vikas Agnihotri (Operating Partner, Softbank Group), Mickey Doshi (CEO, Credit Suisse, India), among others.

In 2018, Cisco's former Chairman and CEO John T. Chambers led an investment round of $5 million through JC2 Ventures to invest in Lucideus. Chambers asked Modi to describe his business in 15 seconds and was hooked by the reply.

In 2019, Lucideus expanded its operations to the USA and other markets in the APAC region, and shifted their headquarters to Palo Alto, California.

Public appearances

Modi has appeared as a guest on television programs including CNBC, Fortune (magazine), Forbes, and Bloomberg. Also, he has spoken on various subject of information security and entrepreneurship at international forums like Mobile World Congress, CeBIT, Confederation of Indian Industry, ISACA, TiE, TED (conference), etc.

Awards and honours

Year Name Awarding organisation Ref.
2016 30 under 30 Forbes India
2016 30 under 30 Forbes Asia
2017 Under 30 Summit Asia Forbes Asia
2017 India's 21 Young Guns The Economic Times
2017 20 under 26 Vogue India
2017 30 under 35 Entrepreneur
2017 40 under 40 Achiever of the Year Businessworld
2018 40 under 40 Fortune India
2019 Entrepreneur of the Year Entrepreneur
2019 40 under 40 Fortune India

References

  1. ^ Balachandaran, Manu (26 April 2018). "Saket Modi: Hacking for the greater good". Forbes India.
  2. Sharma, Shweta (2021-02-05). "Cybersecurity startup Lucideus undergoes a rebrand". Techcircle. Retrieved 2021-02-15.
  3. ^ Morgan, Steve (2020-08-03). "Lucideus Goes From Elevator Pitch To Silicon Valley High-Flyer". Cybercrime Magazine. Retrieved 2021-01-05.
  4. Dhamija, Anshul (18 February 2016). "30 Under 30: Saket Modi - Hacking And Securing The World Wide Web". Forbes India.
  5. Peermohamed, Alnoor (25 September 2018). "Saket Modi, the millennial who keeps your data on the BHIM app safe". Business Standard India.
  6. ^ Chaudhary, Deepti (26 October 2018). "Why John Chambers loves Saket Modi's Lucideus". Fortune India.
  7. Ghoshal, Anirban (11 May 2017). "Lucideus Tech secures funds from angel investors". Mint.
  8. Sarkhel, Aritra (9 May 2017). "Lucideus Tech raises funding from Rajan Anandan, Govind Rajan & others". The Economic Times.
  9. Singal, Aastha (2018-11-01). "Tale of a 15-Second Pitch That Left Ex-Cisco Chairman John Chambers Impressed". Entrepreneur. Retrieved 2021-03-03.
  10. "Lucideus Bags $7 Mn Funding To Become India's Most Valuable Cybersecurity Startup". Inc42 Media. 2019-12-03. Retrieved 2020-11-19.
  11. "Startup Street: Here's how social media influencers are redefining brand building". cnbctv18.com. Retrieved 2021-03-03.
  12. "'We want to become the Netflix of cybersecurity'". www.fortuneindia.com. Retrieved 2021-03-03.
  13. Panel®, Expert. "Council Post: 14 Tech Experts Predict Which Industries And Sectors Will Benefit Most From AI". Forbes. Retrieved 2021-03-03.
  14. "How Safe Is Your Mobile Device?". BloombergQuint.
  15. "Entrepreneur India Congress". Entrepreneur India.
  16. "30 Under 30: Saket Modi - Hacking and securing the world wide web". forbesindia.com. Retrieved 1 March 2021.
  17. "Forbes 30 under 30 Asia". forbes.com. Retrieved 3 March 2021.
  18. "Forbes Hosts Its Second Annual "Under 30 Summit Asia In Manila". forbes.com. Retrieved 1 March 2021.
  19. "WCRC The Economic Times - Saket Modi". economictimes.indiatimes.com. Retrieved 1 March 2021.
  20. "Meet the 20 people under the age of 26 you need to know about". vogue.in. Retrieved 1 March 2021.
  21. "Presenting the Entrepreneur 2017 League of 35 Under 35". entrepreneur.com. Retrieved 1 March 2021.
  22. "'Running a Startup is One of the Most Simplest Things a Person Can Do' - Saket Modi, Lucideus". businessworld.in. Retrieved 1 March 2021.
  23. "SAKET MODI, VIDIT BAXI, RAHUL TYAGI, 27, 28, 30". fortuneindia.com. Retrieved 1 March 2021.
  24. "Entrepreneur of the Year - Award Winners". entrepreneurindia.com. Retrieved 1 March 2021.
  25. "SAKET MODI, RAHUL TYAGI, VIDIT BAXI, 28, 31, 29". fortuneindia.com. Retrieved 1 March 2021.
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