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Time of India

Confiex launches platforms for streamlined procurement and audit

Confiex Data Room Private Limited, a virtual data room provider in India, recently announced the launch of DocullyVDR E–Tender and DocullyVDR E–Audit. These enterprise-class solutions are designed to improve procurement and auditing processes across India's public and private sectors. The introduction of these platforms occurs as India implements the Digital Personal Data Protection (DPDP) Act and increases scrutiny of procurement and audit practices. Confiex states that these tools offer improved transparency, accountability, and speed in governance workflows. Harvinder Singh, Founder and CEO of Confiex Data Room, said the company aims to reduce friction, prevent information leaks, and build a culture of audit readiness and competitive fairness with these platforms. He noted that the solutions are customized for India, based on its legal system, hosted in government-approved data centers, and built with data security. DocullyVDR E–Tender provides an end-to-end system for managing tenders. It includes features for controlled RFP distribution, real-time Q&A, encrypted bid submissions, and centralized evaluation, intended to limit manipulation or insider influence. Singh also emphasized the significance of data sovereignty for India's digital future, citing the rise in cyberattacks. He explained that Confiex uses MEITY-approved Microsoft Azure Data Centres to ensure compliance with Indian regulations and provide security features that give organizations better control over their sensitive data. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Men Over 50: Frequent Urination & Weak Stream? Do this Before Bed healthydayscare Click Here Undo DocullyVDR E-Tender and E-Audit represent Confiex's effort to gain a strong position in India's growing e-tender and digital audit market by prioritizing compliance, speed, and local data control. Singh believes their platforms will empower India to manage its digital assets under its own legal jurisdiction with increased transparency and trust.