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. It had said the fund will look to make Series A investments in sectors where technology, intellectual property and innovation are key differentiators. 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. In addition to its funding from IDFC, DataViz also announced that it had received an undisclosed amount in seed money from IDFC.