Hornet Decentratech, a Kolkata-based startup specializing in crypto forensics and investigation, has secured ₹4 crore in seed funding from Artha Venture Fund, valuing the company at ₹28 crore. This investment, which includes participation from angel investor Deepak Daftari, aims to enhance Hornet's expansion into B2C, B2B, and B2G markets by improving risk analysis tools and strengthening regulatory compliance solutions. Hornet's CEO, Souvik Haldar, emphasized the company's commitment to making India self-reliant in crypto and dark web forensics, addressing challenges related to anti-money laundering and counter-terrorism financing compliance.
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