Protectt.ai makes majority investment in AIShield
Protectt.ai has made a majority investment in AIShield, an AI security platform incubated within Bosch Global Software Technologies.
The capital will go toward product development, research and development, and global market expansion, according to Protectt.ai founder and chief executive Manish Mimani.
Protectt.ai brings expertise in mobile application security and experience working with global banks and other regulated organisations. AIShield brings research-driven capabilities in AI model assessment, red teaming, runtime protection and safety guardrails.
The combined business aims to build a full-stack AI security offering, covering both securing AI systems and using AI to identify vulnerabilities in applications and infrastructure. AIShield brings more than 40 patent filings and 11 granted patent families.
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A bank can have a secure mobile application and still face risks in the AI services behind it. Customer-facing chatbots, voicebots and AI agents that support onboarding or internal processes need their own security controls.
The combined strategy emphasises securing AI systems throughout their lifecycle, addressing vulnerabilities in models, applications and autonomous agents while strengthening enterprise visibility, governance and operational control. Banking and financial services are a key starting point because of Protectt.ai's strong customer relationships, with automotive, manufacturing and government also named as important markets.
Protectt.ai says it is working towards bringing AIShield's offerings to the UAE market. It describes the Middle East as an important market for its expansion plans, as organisations there accelerate AI adoption amid growing security and regulatory expectations.
Mimani described the rationale this way: "We were already building AI security capabilities because we could see how quickly banks and other enterprises were adopting AI."
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