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VIRTUAL DATA ROOM

our cost effective pricing
Starting Rs.10,000 / month for upto 10 GB and 100 unique viewers

Refer Standard Contract for details.

Price is subject to this contract
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FREQUENTLY ASKED QUESTIONS

How does Right2Data’s VDR work? What are the steps?

Right2Data works through an easy-to-use but strong security-based process, which includes OTP based secured access, The possibility of creating a data room in a matter of minutes, user-friendly bulk upload and document organising facilities, set granular permissions for administrators and users of the documents, Email-based invitation to participants with customised access levels, and subscribers can also Monitor all activities of the users with detailed audit trails and analytics, and a detailed summary of access provided. 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.

Starting a Virtual Data Room in Right2Data is very easy and doesn’t require any technical training. The step-by-step procedure to start a data room is:

  1. Define the purpose and scope of the data room (M&A, Fundraising, Legal)
  2. Compare pricing, features, security, data host location, customer support, and other factors to choose a VDR service provider that best suits your needs.
  3. Set up an account (register, select storage size, and configure basic settings)
  4. Finalise the folder structure (create categories like M&A files, financial documents, legal documents, due diligence, IP, etc).
  5. Upload documents ( supports Bulk uploads)
  6. Upload or enter the viewer list and create their groups if required.
  7. Set Permissions and assign role-based permissions (view, print, download)
  8. Generate an invoice and make the payment
  9. Publish the data room and edit accordingly.

What are the dissimilarities of a Virtual Data Room (VDR) compared to cloud storage?

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.

How long does setting up a data room on the Right2data platform take?

Setting up a data room in Right2Data can be done in a matter of minutes with all custom settings; it doesn’t take days or weeks like some traditional ones. Right2Data’s process is streamed lined from Quick registration with immediate access by the help of our experts, Bulk zip file document upload with drag-and-drop functionality feature, Predefined administrator and user roles for quick permission setup, most of our clients have their data room operational within 25 minutes of its initiation, allowing you to start sharing documents securely immediately within 30 minutes of its registration initiation.

How much does a Virtual Data Room cost?

Right2Data’s Virtual Data Room has very reasonable pricing plan with no hidden charges. We provide all basic features and several premium features. The Virtual Data Room upto 10GB storage is provided with Rs. 10,000 per month with 100 unique viewers per month.

    The pricing of basic features:
  • Minimum base price per event: Rs. 10,000 for up to 10 GB, 100 readers and for 1 month.
  • For each additional month: Rs. 10,000/month.
  • For each additional GB: Rs. 1000/GB.
  • For each additional user: Rs. 100/user.
  • Manual support and services: Rs. 10,000 / Hour
    Premium Add-on features
  • Geo Tagging ₹5000/Month
  • Geo Fencing ₹5000/Month
  • Double Authentication ₹5000/Month
  • Voter Selfie ₹5000/Month
  • Water Mark ₹5000/Month
You can follow the link for more detailed information regarding it. Contact us for a detailed quote for your specific requirements. https://right2data.in/pricing/

When and how can I change the settings of a data room?

The settings of the data room can be changed at any time while accessing the data room by the administrator during an active subscription. The administrator can set up the desired settings while creating the data room, as well as while using it, this facility is not provided to the viewers. The administrator can navigate the data room’s “EDIT tab”, available just beside the name of the data room on the right-hand side of the admin panel dashboard. The users can be added and their permissions such as View, Print, Download or restriction of any can be modified at any time The administrator can click on the “EDIT” tab and can update data room settings, The subscriber can also extend time, assign permission, add users, create groups, or edit/upload files from the edit navigation bar. When the admin makes the desired changes to the Virtual Data Room, all the viewers/users are notified via email that the data room has been updated, or the admin is granted the authority to disable push notifications for the data rooms updates to all the viewers.

What are the roles of the Administrator of Right2Data’s data room?

The admin is the primary authority for the data room that has been created, with responsibility for technical, operational, and security domains. The administrator creates the data room, configures the access levels for the viewer, such as (View, Print, Download), (restricted download allowing print and view), or disables print or view. The administrator can invite the viewers while assigning role-based access. The administrator can monitor the real-time activity through the track activity, reply to the questions raised, download the full audit trail, upload or delete files, add or remove viewers, create groups, assign role-based access, etc. They can also enforce security protocols, such as two-factor authentication, IP restriction, Geo-fence, geo-tag, and manage data room’s lifecycles, such as extending timelines, subscription renewal, or permanently deleting the data room. In any disputes, the administrator serves as the single point of contact for resolving access rights or compliance queries.

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