
Terrier Security Services India Private Limited
Terrier Security Services India Private Limited operates private Security Companies in India.
Date | Investors | Amount | Round |
---|---|---|---|
N/A | Seed | ||
Total Funding | 000k |
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In 1989, Captain S. Ravi and K.R. Prabhu founded Terrier Security Services, aiming to create a niche in India's integrated security industry. Headquartered in Bengaluru, the company started by providing manned guarding services and steadily grew its operations. Over the years, it expanded its portfolio to include a wide range of solutions like electronic surveillance, asset management, and perimeter intrusion detection systems, establishing a presence across more than 14 states. A significant turning point for Terrier came in October 2016, when the business services provider Quess Corp acquired a 49% stake in the company. This move marked Quess Corp's entry into the security solutions market and was part of its 'string of pearls' acquisition strategy. The partnership was designed to fuel Terrier's growth by integrating it into a larger business services platform. By May 2020, Quess Corp decided to increase its control, raising its stake in Terrier to 74% and making it a subsidiary. This increased investment aimed to enhance Terrier's operational control and integrate it more deeply into Quess's facility management offerings. The acquisition provided Terrier with the resources to scale its technology-driven security solutions, solidifying its position as a key player in the Indian market.