Nexus Venture invests in secure digital platform provider Uniken

Nexus Venture Partners, India’s leading venture capital firm, announced investment in Uniken, a market leader in creating ‘Secure Digital Enterprises’.

“Uniken is disrupting the digital security space with its REL-ID platform that provides military grade security with rich digital experience. We are very impressed with the Uniken team’s passion and speed of execution and excited about this partnership.” said Sandeep Singhal, Co-founder, Managing Director, Nexus Venture Partners who will be joining Uniken’s board.

Uniken, is a proven security and innovation partner to leading banks and financial institutions, and currently has over a million users on its flagship REL-ID platform. REL-ID, a next generation secure digital platform developed at the Uniken Innovation Center, is a holistic plug and play solution which secures the trusted relationships of an enterprise and enables the delivery of a rich, ubiquitous and secure digital experience to its customers, partners and employees across various platforms and devices.

Founded in 2003 by a team of senior executives from Tata Research Center, Infosys, IMR Global Services, Uniken is headquartered in Odessa, Florida with its Innovation Center based in Pune, India. “The advent of technologically advanced ways to deliver online services to customers, collaborate digitally with partners and provide a digital workspace to employees – has given birth to new set of threats which are capable of thwarting traditional security controls thereby breaking trust between the organisation and its customers, partners and employees” said Gopi Gopalan, Chairman of Uniken Board.

“We are seeing rapid adoption of our path breaking REL-ID platform which provides secure, rich and consistent experience with simplified infrastructure and low investment. With this round of funding, we expect to further leverage the massive market opportunity and accelerate our growth.”

Sanjay Deshpande, Founder Director, CEO and Chief Innovation Officer, Uniken said “Nexus Venture Partners’ confidence in Uniken validates our longstanding belief that the use of internet for service delivery puts organizations at risk and no amount of security patches will help as internet was never designed to be a secure channel. REL-ID is the only platform that solves this problem at the foundation.”