Saket Modi


Saket Modi is an Indian entrepreneur based in Palo Alto. He is the co-founder and CEO of Lucideus, a computer security company. He is a public speaker about ethical hacking and computer security.

Early life

Born and raised in Calcutta, India, Saket attended primary school at Lakshmipat Singhania Academy. He received an undergraduate degree in technology from the LNM Institute of Information Technology, Jaipur in 2012 or 2013.
He is an ethical hacker. In 2008, he hacked into his school's IT system, gaining access to a chemistry question paper and that's when he realized that he could use his skills for social good. As an undergrad student at LNM, Saket conducted 2-day hands-on workshops on ethical hacking at Indian Institutes of Technology campuses across the country for a fee. During this time he "shot to national prominence" demonstrating how to hack into a smart phone in 20 seconds.

Career

In 2012, while in his fourth year of college, Saket Modi, Vidit Baxi and Rahul Tyagi started Lucideus at the incubator IIT Bombay, using capital from their personal savings and family. In 2013, Lucideus opened its first office in New Delhi. Among the company's accomplishments include doing a security assessment of the BHIM, an Aadhaar-based mobile payment platform designed by the National Payments Corporation of India.
In 2018, Cisco's former Chairman and CEO John T. Chambers led an investment round of $4 million through JC2 Ventures to invest in Lucideus. Chambers asked Modi to describe his business in 15 seconds and was hooked by the reply.

Public appearances

Modi has appeared as a guest on TV news programs including News 18, ET Now, NDTV, Bloomberg Quint Live TV and has spoken on various subject of information security and entrepreneurship at international forums like Mobile World Congress, CeBIT, Forbes under 30 Global Summit, Confederation of Indian Industry, Cyber-Tech, ISACA, TiE, TED, etc. In 2017, Saket was invited at India TV’s show on mobile hacking.

Awards and honours