India, April 28, 2025: In a significant leap
towards digital governance and compliance automation, Confiex Data Room Private Limited, India's most trusted Virtual
Data Room provider, announced the official launch of DocullyVDR E-Tender and DocullyVDR
E-Audit, two enterprise-class solutions designed to streamline procurement
and auditing processes across India's public and private sectors.
With India's Digital
Personal Data Protection (DPDP) Act coming into force and growing scrutiny
over procurement and audit practices, the launch of these platforms offers
much-needed transparency, accountability, and speed in governance workflows.
"India is moving rapidly towards digital-first
governance. With DocullyVDR E-Tender and E-Audit, our mission is to eliminate
friction, plug information leaks, and build a culture of audit-readiness and
competitive fairness," said Mr.
Harvinder Singh, Founder & CEO of Confiex Data Room. "These
solutions are customised for India, rooted in our legal ecosystem, hosted on
MEITY-approved data centres, and built to deliver global-grade data
security."
DocullyVDR E-Tender is an end-to-end tender
lifecycle management platform. From controlled RFP publishing to real-time
Q&A, encrypted bid submissions, and centralised evaluation, the platform
eliminates room for manipulation or insider influence.
Here's how:
● Tamperproof audit trails and dynamic access logs for complete
transparency
● Granular document-level access, dynamic watermarking, and 2FA for
secure bid handling
● On-platform discussions, voting, and alerts to ensure alignment across
departments
● Compliance with DPDP Act, Indian IT Act, and Evidence Act, ensuring legal
defensibility
● No dependency on internal IT teams – completely cloud-based and
independently operable
"We've ensured that no
one sees more than they are meant to. Fair access, secure submissions, and
airtight logs ensure that procurement is fair, transparent, and legally
defensible," added Mr. Singh.
Aligned with the principle of "Auditing the Audit", DocullyVDR E-Audit enables
companies to manage audits in a secure, traceable digital environment.
Whether internal, statutory, or forensic, the platform
offers:
● Complete activity logs on every document, every user, every
action
● Digital comments, Q&A logs, and version tracking, maintaining accountability across
parties
● Audit readiness for investigations, tracking what was reviewed,
skipped, or flagged
● Multi-party collaboration with approval flows and
permission-based sharing
This is a first-of-its-kind solution that helps companies prepare a full record of how audits were
conducted, enabling faster resolution during investigations and empowering
regulators with tamperproof evidence trails.
Both solutions are hosted on Microsoft Azure in India, with VAPT
audits conducted by MEITY-approved cybersecurity firms. With an
architecture built on file-level
security, data segregation, and daily encrypted backups, DocullyVDR meets
the demands of India's modern governance systems.
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About Confiex Data Room
Founded by Mr.
Harvinder Singh, a pioneer in India's VDR industry since 2008, Confiex Data
Room has enabled thousands of strategic transactions across M&A,
fundraising, IPOs, and government processes. Confiex brings together localized compliance, audit-trail
integrity, and enterprise-grade technology for India's most sensitive and
regulated workflows.
For media inquiries, demos, or partnership
discussions:
📧 info@confiexdataroom.com
| 🌐 www.confiexdataroom.com