India's Data Resolve Technologies has raised more than $1m from the IDFC Parampara Early Stage Opportunities Fund, according to a company statement. The fund is a partnership between IDFC Alternatives, the private equity arm of IDFC Group, and venture capital firm Parampara Capital. Data Resolve offers a cloud-based solution to data leaks, corporate fraud and employee productivity, with more than 100 clients already signed up to the service. In addition to its funding from IDFC, DataViz also announced that it had received an undisclosed amount in seed money from IDFC.
India's Data Resolve Technologies has raised more than $1m from the IDFC Parampara Early Stage Opportunities Fund, according to a company statement. The fund is a partnership between IDFC Alternatives, the private equity arm of IDFC Group, and venture capital firm Parampara Capital. Data Resolve offers a cloud-based solution to data leaks, corporate fraud and employee productivity, with more than 100 clients already signed up to the service. The firm will use the funds to grow its sales and tech teams, launch products and expand across India and the Middle East, according to CEO Dhruv Khanna.