Seclore and SmartRX raises funds from Ventureast

Seclore raises $6 million from Helion venture partners and Ventureast

Dealing in Information Rights Management and in providing secure outsourcing systems, Seclore entered into a joint investment with Helion Venture Partners and Ventureast with an investment of around $6 million. Seclore will be using these funds to create global expansion  along with building their technology team.

An initiative of IIT Bombay graduates, Vishal Gupta and Abhijit Tannu, Seclore is currently having clients such as Daimler, Linde, Panasonic, CapGemini, Reliance and Airtel using its technology for securing critical information. Seclore’s technology enables enterprises to continuously control and monitor information in the form of documents, emails, designs and images within and outside the enterprise’s infrastructure. The company is currently having presence across North America, Western Europe and South Asia.

SmartRX raises $500,000 from Ventureast and others

Also, in another deal Smart Cloud Technologies Pvt. Ltd., the developer of SmartRX, a software platform for patient management received $500K from Ventureast Tenet fund with two other unknown investors. SmartRX will be using funds to develop a customer base in India and Abroad.

Founded in 2011, Smart Cloud Technologies is a bangalore based healthcare company which provides online healthcare solutions, consultation, etc. and in managing patient database and appointments.

Ventureast is a pioneering Indian VC fund manager with close to $300 million under management. Helion is a multi-stage, India-focused venture fund with over $600 million under management.