Argus Partners has acted as the legal counsel for Together Fund in data privacy start-up, Privado`s, fundraise of $14 million (~Rs. 111 crore) in its Series A round.
The funding round also saw participation from Insight Partners and Sequoia Capital India.
Founded in 2020 by Jasdeep Cheema, Prashant Mahajan, and Vaibhav Antil, Privado addresses privacy issues facing businesses. Privado is an open-source code scanning solution built for privacy that identifies data usage, discovers data flows and flags issues like excessive user permissions or data leakages to logs.
Speaking on the investment, the Co-Founder of Privado stated that, "The new funding will allow us to further our mission of embedding privacy into software development…"
The Argus team consisted of Neha Madan (Partner), Utsav Gandhi (Senior Associate) and Shaurya Jain (Associate).