IIT Madras-incubated Plenome Technologies Raises ₹6.5 Crore in Seed Funding
Plenome Technologies, a deep-tech blockchain and artificial intelligence startup incubated at IIT Madras, has secured ₹6.5 crore in seed funding from a mix of Indian and international investors. The funding round was led by Luxembourg-based Ovington Capital Partners, with participation from UAE-based AADI and seasoned investor Manish Gandhi.
About Plenome Technologies
Founded by Shanti Swarup Bhatnagar awardee Professor Prabhu Rajagopal, alongside embedded systems expert Vijayaraja Rathinasamy and blockchain specialist Anirudh Varna, Plenome focuses on developing secure and scalable blockchain-AI platforms for sensitive sectors such as healthcare and e-governance.
The company’s flagship solution, BlockTrack OrganEase, manages sensitive organ donation databases and is currently in trial deployment with a leading state transplant authority in South India. Another product, BlockVote, a blockchain-based remote voting platform with a pay-per-use model, has already been successfully used for student elections at IIT Madras and is now targeted for broader enterprise adoption.
In healthcare, Plenome is advancing AI-driven data capture and record management platforms under the product suite Ashwin, aimed at electronic health records and analytics, with ongoing trials in dental care.
Use of Funds and Future Plans
The ₹6.5 crore capital injection will support Plenome’s efforts to:
Expand into international markets such as the US, UK, and UAE where there is a growing demand for advanced data security solutions.
Accelerate development and deployment of their blockchain-AI platforms for secure data management in healthcare and digital voting.
Advance research towards pioneering distributed AI protocols integrating blockchain for enhanced security and scalability.
Significance
Plenome’s innovation builds on IIT Madras’s strong research base in automation, data engineering, and secure distributed ledger technologies. The startup aims to decentralize critical digital infrastructure, enhancing privacy, security, and interoperability in sensitive data-driven sectors.
Frequently Asked Questions ?
Who leads the seed funding round for Plenome Technologies?
The seed round was led by Ovington Capital Partners (Luxembourg), with participation from UAE-based AADI and investor Manish Gandhi.
What are Plenome’s primary products?
Key products include BlockTrack OrganEase for organ donation data management, BlockVote for remote voting, and Ashwin, an AI-driven healthcare data platform.
What sectors is Plenome targeting?
Primarily healthcare, organ donation management, and large-scale, secure digital voting for educational institutions and enterprises.
Where is Plenome planning to expand?
International expansion is focused on the US, UK, and UAE markets with mature regulatory frameworks and strong demand for data security.
Who are the founders of Plenome Technologies?
The company was founded by Professor Prabhu Rajagopal (IIT Madras), Vijayaraja Rathinasamy, and Anirudh Varna.
Published on: July 22, 2025
Published by: PAVAN
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