Red Fox Protection Services Pvt. Ltd has secured an undisclosed amount of funding from a high net worth representative in an angel round, as per company statement.
Red Fox is providing services at a 30% bargain compared with other top three organised security service players, said Rawtani who will serve as a strategic advisor to the firm.
Rawtanis Artifice Advisors offers investment banking and portfolio management services.
The company made a turnover of nearly Rs 20 crore in the financial year 2016-17. We have a workforce of more than 3,000 security personnel, said RajendraShekhavat, CEO of Red Fox.
Red Fox initiated its services in July 2009 and is now working in Gujarat and Rajasthan.
The company provides security services in malls, hospitals, industrial locations and majorly to celebrity events and cricket matches.
Security and Intelligence Services Ltd, G4S India and Tops Security Ltd are also some big companies in this sector.