TAC Security eyes turnover of $1 billion by 2025
TAC Security, a cyber security consulting and risk assessment firm, is eyeing a turnover of $1 billion (₹7,300 crore) over the “next five years” (by 2025). Business growth is expected on the back of the company expanding its range of offerings and increasing its geographical presence.
According to Trishneet Arora, Founder & CEO, TAC Security, the company has been witnessing a near-300-per-cent growth in turnover over the last few years. It is hopeful of maintaining the revenue growth rate over the next five years.
Increase in revenue has also been marked by addition of new customers. In FY19, it added 20 new customers, while for the 10-month period of FY20, it has added 15-odd new clients. The company is hopeful of maintaining 100-odd customers by the end of this fiscal, he said. TAC Security claims to have a “high” customer-retention rate of 99 per cent.