A virtual data room (VDR), which is also known as a data room, is a security-enhanced internet-based platform for storing and sharing sensitive documents. It is widely used for sharing financial documents, M&A due diligence, fundraising, and legal processes where the security of document sharing is crucial for its safekeeping. Unlike traditional physical data rooms, VDRs offer 24/7 easy access from anywhere around the world with enhanced security, tracking, access authorisation, and collaboration features.

Right2Data is Indias most secure, affordable virtual data room provider, specifically placed for the Indian markets cost-effective needs. It stands out by offering complete virtual data protection, security compliance, localised customer support in Hindi and English, India-based secure servers, and specialised features for Indian regulatory requirements. With transparent pricing and an understanding of local business practices, Right2Data provides better data room service value compared to the internationally expensive alternatives.

Right2Data works through an easy-to-use but strong security-based process:

1. OTP based secured access
2. The possibility of creating a data room in a matter of minutes
3. User-friendly bulk upload and document organising facilities,
4. Set granular permissions for administrators and users of the documents,
5. Email-based invitation to participants with customised access levels,
6. Monitor all activities of the users with detailed audit trails and analytics, and a detailed summary of access provided.
7. Collaborate efficiently with Q&A modules and real-time notifications to facilitate understanding of the context within the shared documents.

The Right2Data’s platform can be easily accessed through the website, by phone or laptop.

While both platforms’ primary purpose is to store data online, virtual data rooms provide significantly greater security and control of the data than regular cloud storage. The main differences between the VDR and cloud storage are

1. Security: VDRs have military-grade encryption, whereas the cloud storage has basic protection.
2. Access controls: Data rooms offer document-level permissions to all the folders and sub-folders, but cloud storage provides folder-level permissions only.
3. Tracking (VDRs provide detailed audit trails of all user activities vs. limited logs),
4. Compliance (Virtual data rooms meet stringent regulatory compliance set by the particular governments),
5. Collaboration tools (VDRs include specialised features for due diligence of M&A, Finance, legal firms, and real estate businesses)
6. Professional support (Virtual data rooms offer dedicated assistance from setting up the data room to providing customizable access permissions and complete report download facilities).

A dedicated expert is provided to assist the client if any problem arises during the period of data storage. VDRs are for highly confidential business transactions and their related documents storage, although Cloud storage is for everyday files.

The Right2Data’s virtual data room assists through a centralised, granular permission control for the sharing of financial, legal, and compliance documents with prospective investors or acquirers. Our Virtual Data Room (VDR) expedites and secures due diligence for Indian start-ups and small and medium enterprises. Right2data’s data room ensures real-time tracking, a complete summary of the data accessed report, while lowering risks and delays in high-stakes transactions.