For discussion Private & Confidential

Building NtangledState's India market presence.

A commercial partnership to convert India's regulatory tailwind into a customer base.

Prepared for Sasikaran Selvendran, Founder & CEO
and the leadership team, NtangledState Inc.
Engagement scope India go-to-market lead
I
The opening

A window that won't stay open.

India's digital trust market is reaching the point where manual certificate operations stop being a back-office inconvenience and start being a board-level risk.

The DPDP Act of 2023, the RBI cyber-security framework, SEBI's CSCRF mandate, IRDAI guidelines, and CERT-In's six-hour incident reporting rule have collectively turned trust-layer governance from an IT hygiene problem into a regulatory obligation with audit consequences. Every regulated Indian enterprise is now obligated to demonstrate what NtangledState already enables.

The market opportunity is real. What is less obvious — and more important — is the timing. The global CLM incumbents are still treating India as a secondary market run through Bangalore-based account executives reporting to managers in Singapore or Dublin. The Indian buyer, particularly in BFSI and public sector, values local presence and local accountability. That is the gap a focused India motion can occupy now, before Venafi, Keyfactor, and DigiCert decide to invest seriously.

NtangledState has the product, an Indian subsidiary, and an engineering team already on the ground. What it does not yet have is a commercial engine in India. This proposal addresses that gap directly.

II
The gap

What founding-stage India typically lacks.

At the stage NtangledState is at — product live, founding customers being assembled, brand still being built — the India market needs six things working in parallel. Most early-stage entrants get one or two right and stall on the rest.

  • A targeted account list of regulated Indian enterprises mapped to the buying committee and the trigger event for each account.
  • Outbound demand generation tied to that list, run with the discipline of a sales operation and not the cadence of a marketing campaign.
  • Visible presence at the events and forums where Indian CISOs, Heads of Infosec, and Head of IT Risk gather — not generic tech conferences.
  • Marketing assets that speak to Indian regulatory language and Indian board-level concerns, not assets adapted from North American copy.
  • An India face — someone available in Indian working hours, on short notice, who can represent the company credibly in front of buyers.
  • The freedom to do all of this without committing to a senior India hire before product-market fit in the market is proven.
Founding-phase India is not a marketing problem. It is a commercial build-out that uses marketing as one of several tools.
III
The engagement

An embedded India lead, accountable for outcomes.

I propose to act as NtangledState's commercial lead for India during the founding phase — embedded, accountable, and building the go-to-market motion from zero.

The engagement is a single point of accountability for India revenue activity, operating with the autonomy and ownership of an India head and the cost structure of a consulting partnership. The implicit promise is straightforward: I become the person who picks up the phone when something needs to happen in India.

The work spans six areas, treated as one connected operation rather than separate workstreams:

  1. Account strategy and targeting. Identify and prioritise 200–300 target accounts across banking, NBFCs, insurance, large fintechs, public sector, and select Indian healthcare IT firms. These segments are chosen for three reasons: they sit directly under RBI, SEBI, IRDAI, DPDP, or CERT-In mandates that make certificate governance an audit obligation; their digital footprints generate certificate volumes that manual processes cannot scale to; and their buyers — CISO, Head of Infosec, Head of IT Risk — already understand the trust-layer problem and do not need to be educated from zero. Each priority account is mapped to its buying committee and a trigger event that justifies a conversation now.
  2. Outbound demand generation. Multichannel outreach against the target list — LinkedIn, email, calling — run with the discipline of a sales motion. A dedicated outbound caller is brought on early in the engagement, hired and managed by me.
  3. Paid acquisition. Google and LinkedIn campaigns against CISO and Head-of-Security personas, with the budget calibrated to learning velocity in the first quarter and ROI in subsequent quarters.
  4. Industry presence. Representation at BFSI security forums, ISACA and DSCI events, Nasscom security tracks, and selected closed-door CISO roundtables. Speaking slots, sponsorships, and curated meeting series as opportunities arise.
  5. Channel and partnerships. A referral network of audit firms, BFSI consultancies, system integrators, and security advisory practices that can introduce NtangledState into accounts where direct outbound stalls.
  6. Sales enablement and India positioning. India-specific pitch decks, regulatory mapping documents per framework, ROI calculators, and case-study development as references emerge. Coordination with the engineering team for demos and proof-of-concept exercises.

Leadership receives weekly pipeline visibility, monthly progress reviews, and a quarterly business review covering pipeline health, conversion analytics, market signals, and strategic recommendations.

Optional extension
Beyond India — supporting US & UK outreach from Bangalore.

Where useful, this engagement can extend to support outbound prospecting for US and UK markets from India — taking advantage of the time zone overlap with North American mornings and European afternoons for activity that does not require local presence on the ground. Scope, cadence, and incremental investment for this would be defined separately if and when the leadership wishes to activate it.

IV
Outcomes

What progress looks like across phases.

Outcomes are framed in four phases rather than as quarterly hard targets. The early phases are about establishing the motion and learning the market. The later phases compound that learning into closed business.

Phase 1 Foundation
Target account list built and prioritised. Outbound sequences drafted. SDR recruitment underway. India positioning collateral in draft. Industry events scoped for the coming quarter.
Phase 2 Activation
SDR onboarded and outbound running at agreed cadence. First qualified conversations with target persona. Paid acquisition baseline established. First regulatory mapping document in production. Initial channel partner conversations underway.
Phase 3 Traction
Qualified pipeline building. First serious POC or pilot conversations with named accounts. Outbound playbook iterating based on what is working. Reference conversations beginning with early adopters. First closed-door CISO roundtable hosted or attended.
Phase 4 Scaling
Earliest paying customers in production. Channel partnerships beginning to refer business. Case-study development underway. Outbound motion documented and ready for handover or scale-up when the company chooses to invest further.

These are working targets, not contractual commitments. The right early-stage measure is whether the motion is producing learning velocity and qualified pipeline. The contractual commitment is the work and the discipline; the outcomes above form the basis for joint review at each phase transition.

V
Economics

Pricing, structure, and the reference comparison.

The engagement is structured as a fixed monthly retainer for the lead role, plus pass-through costs at actuals for everything that scales with activity.

Monthly engagement fee
$2,500per month

Billed in USD. Covers the lead role end-to-end — strategy, account targeting, outreach development, partner outreach, SDR recruitment and management, sales enablement, leadership reporting, and quarterly business reviews. No additional charges for time, calls, or coordination. Applicable taxes per jurisdiction of the invoicing entity.

Pass-through costs, billed at actuals with receipts:

SDR salary and statutory cost All-in monthly cost for the dedicated outbound caller
$400–550 / month
Paid media spend Google and LinkedIn campaigns; budget adjusts by quarter
$500–1,500 / month
Tools and software LinkedIn Sales Navigator, outbound stack, email marketing tools, calling software
$150–250 / month
Event participation Sponsorships, speaking slots, booth presence; by prior approval
$500–2,000 / event
Domestic travel For customer meetings, events, partner conversations
At actuals
Content production Design, video, web work; by prior approval
At actuals
The reference comparison

A senior commercial hire in Bangalore at the VP or Director level in B2B marketing and business development commands $25,000–$35,000 in annual CTC, with equity typically expected. Fully loaded with statutory costs, recruiter fees, equipment, and onboarding time, the first-year cost lands between $35,000 and $45,000 before tools, ad spend, or a supporting team.

This engagement delivers senior-level execution at roughly half the annual cost, with a built-in execution layer through the SDR, no equity ask, and a clear review point at the end of the first quarter if the model needs to change.

Pass-through costs are invoiced monthly against receipts, with the SDR salary processed directly through Centrust India payroll if that is operationally simpler. Paid media accounts can be set up either under NtangledState's billing or under the engagement, whichever the leadership prefers.

VI
Rationale

Why this structure fits NtangledState's stage.

Three reasons this works at the founding stage.

The first eighteen months in a new market is mostly listening, learning, and adjusting. A senior full-time India hire in this phase carries a fixed cost and an emotional commitment that is hard to unwind if the model needs to pivot. An embedded engagement gives you the senior brain and the operating discipline without the irreversible commitment.

Hiring a junior outbound layer and running it well is exactly what a full-time India head would do anyway. This engagement does that work, faster, because the hiring decision and the day-to-day management overhead is mine, not yours. The engineering team continues to do what it does best; the commercial layer in front of them is built and managed separately.

The Indian buyer values relationships, presence, and accountability over decks and demos. Banking and public-sector procurement cycles reward vendors who show up consistently, in person, in the time zone. That presence is what this engagement supplies — and what a Canada-based account executive, however capable, cannot.

The right early-stage commercial structure is the one that maximises learning velocity per dollar spent, not the one that maximises titles.
VII
About the lead

Brief credibility.

Around twenty years in B2B and B2C marketing and product marketing, including VP-level roles and senior marketing positions at IQVIA, Intuit, Xoxoday, and BTC. The recurring thread across these roles has been building marketing and demand-generation functions from scratch at early-stage and mid-stage technology companies — which is exactly the work this engagement requires.

Bangalore-based.

Completed an advanced certification in Generative AI and Prompt Engineering at the Indian Institute of Science, Bangalore in December 2024. A working understanding of how LLM-based systems operate is relevant context given that PKISecOPS is positioning around AI-powered automation, and the Conversational PKI roadmap is core to the platform's longer-term differentiation. The marketing narrative — particularly in India, where AI fluency in enterprise tooling is becoming a procurement requirement — needs to be authored by someone who understands both sides.

VIII
Next steps

A 60-minute conversation, then a decision.

The proposed next step is a 60-minute discovery call with leadership covering three areas:

  • Current pipeline state, customer references, and the status of the Founding 25 campaign in India and elsewhere.
  • The engineering team's bandwidth for demo support, proof-of-concept exercises, and India-specific technical questions during the sales cycle.
  • Alignment on the first six months — specific accounts to prioritise, channels to lead with, and the first event or moment to anchor the India market entry around.

Following that conversation, a seven-day window to finalise commercial terms, with engagement start within a month of agreement.

The aim of the conversation is to walk out with a shared view on the first two months of work and a decision on whether to proceed.

In closing

The India motion built now becomes the India business compounded over the next five years.

The first ten Indian customers are the hardest. They are also the ones that determine whether NtangledState's India story becomes a footnote in a global investor deck or a meaningful pillar of the company.

For discussion Available for the introduction call at the leadership team's convenience.