Tata Capital Innovations Funds invests undisclosed amount in enterprise IT company.

Vaultize, an India-based enterprise IT company which provides a platform for file sharing and encryption, has raised an undisclosed amount of funding from Tata Capital Innovations Fund, the venture capital fund managed by Tata Capital, itself part of India-based industrial conglomerate Tata.

The funding will help the company to expand geographically, with immediate plans to establish operations in the US and Europe. The company will also use the funds towards building its sales, marketing and engineering teams, and to enhance…