DataResolve selected in Top 2 Startup Companies from India
Dataresolve Technologies emerged as one of the top 2 startup companies in a Business Plan Competition called Navkriti, organised by NITIE in association with top Venture Capital firms and organizations like NEN and TIE , Mumbai during Empresario 2009. During the pre-selection process, Dataresolve was initially selected amongst the top 8 startups out of all the entries submitted from all over the country and finally under top 2 in the final presentation of the business plan.
The B-Plan Event Navkriti 2009
The major advantages in winning, as the Dataresolve team feels were having a really innovative approach along with technology to solve the problem of enterprise data theft from large number of small storage devices coming in the market and expected to keep on increasing in coming years. Fully automated sales system, targeting international customers and being able to bag 9 international deals in last 8 months were also felt to be important.
The jury members consisted of Anand Lunia from, Seedfund Advisors,Mr Sameer Guglani from Morpheus Ventures, Mr Rahul Chaudhri from Helion Ventures etc. Some of NITIE’s esteemed associates also included TIE Mumbai, NEN, and Nexus India Capital.
Winners of this competition have the opportunity of being considered by Seedfund for a potential seed fund upto 5 crores INR.
Dataresolve was founded and incubated in August,2008 from IIT Kharagpur,one of the the elite institutes of the country, under an incubation program called TIETS. The company was founded by IIT Kharagpur Alumni with the support of institute’s professors and industry experts with a vision to build one of the strongest product based technology company in Information Security. With most IT companies in India being service based, Dataresolve proudly claims itself to be one of the very few software product companies from India and probably the only company in DLP.
The Dataresolve Team receiving the trophy for the event Navkriti
The first and free home version product of the company called uHook USB Disk Security have already generated a lot of good response from internet community with over 20,000 users worldwide and the product being graded by PC QUEST under top 55 security products of 2009, helped the company build an appealing profile to market the enterprise version of the product.
Keep up the good work guys
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