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    J&K Bank introduces API-based open banking services for corporate clients

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    Vakrangee expands service portfolio with Ageas Federal Life Insurance

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    IndusInd Bank bags recognition for digital payments excellence

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    Crisil invests Rs 33.25 crore to acquire minority stake in Online PSB Loans

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    Logic School of Management and IAB unveil CIAP program to empower global accounting professionals

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GoTrust raises $400K pre-seed funding to solidify data compliance offerings

The funding round also saw the participation of an acclaimed Indian actor and entrepreneur, further solidifying GoTrust's position in the data compliance industry

B2B Market Media by B2B Market Media
2 months ago
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GoTrust has announced the successful closure of a $400K pre-seed funding round led by Aevitas Capital.

The funding round also saw the participation of an acclaimed Indian actor and entrepreneur, further solidifying GoTrust’s position in the data compliance industry. GoTrust is a next-generation platform for privacy, data protection, and digital trust. It helps organisations take full control of their data, stay compliant, and build customer confidence.

The investment amount remains undisclosed, but the funding will be allocated towards accelerating product development, expanding the talented team at GoTrust, and broadening the company’s reach in both domestic and international markets.

GoTrust provides businesses with tools to navigate complex data protection regulations, including features such as consent management, data mapping, and risk assessment. The platform is aimed at helping companies meet compliance standards while building customer trust.

“We are thrilled to have the backing of Aevitas Capital at this critical stage of our journey,” said Himanshu Gautam, Founder and CEO of GoTrust. “In today’s data-driven world, privacy and compliance are paramount for every business. Our goal at GoTrust is to simplify compliance, empowering companies to focus on growth while seamlessly aligning with global privacy standards. This investment will further propel us towards achieving that mission,” he further added.

Anurag Seth, Co-Founder and CEO, Aevitas Capital, emphasised, “We are incredibly optimistic about the evolving global privacy landscape. In a world where data privacy regulations are constantly evolving, every company, regardless of size, must have access to the right tools to navigate the fast-changing compliance landscape. GoTrust’s innovative approach positions them perfectly to meet this critical need and support businesses in adapting to the dynamic compliance requirements.”

The investment arrives at a significant juncture marked by increasing regulatory scrutiny on data protection, propelled by frameworks like India’s Digital Personal Data Protection Act, GDPR, and CCPA.

GoTrust is strategically positioned to meet this rising demand by providing user-friendly and adaptable compliance solutions tailored to organisations of varying sizes, ensuring seamless adherence to evolving data protection standards.

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