IIT Madras-incubated Plenome raises Rs 6.5 crore from Indian and foreign investors

IIT Madras-incubated startup Plenome Technologies has raised Rs 6.5 crore in a seed funding round from a combination of Indian and foreign investors.

The round was led by Luxembourg-based Ovington Capital Partners, with participation from UAE-based AADI and veteran Indian investor Manish Gandhi.

Founded by Shanti Swarup Bhatnagar awardee Prof. Prabhu Rajagopal and co-founders Vijayaraja Rathinasamy and Anirudh Varna, Plenome is developing blockchain- and AI-based software infrastructure aimed at secure, interoperable data management for sensitive applications in healthcare and e-governance.

The fresh capital will support the startup's efforts to expand globally and accelerate the rollout of its proprietary platforms across verticals like organ donation, remote voting, and clinical data systems.

Its flagship offering, BlockTrack OraganEase, is already in trial use with a state-level organ transplant authority in South India. The platform enables secure management and transfer of sensitive organ donation data through a patent-protected distributed ledger architecture, ensuring tamper-proof records and seamless interoperability across stakeholders.

In parallel, Plenome's blockchain-powered remote voting platform, BlockVote, has already been deployed for student elections at IIT Madras and is being pitched for broader use in large enterprises and institutions. Uniquely, the system is built around a pay-per-use model, which Plenome believes makes it viable for scaling across public and private sector voting needs.

Plenome is also piloting Ashwin, a multilingual, voice-enabled suite of AI tools for electronic data capture and diagnostics in the healthcare space. Initially targeted at dental clinics, Ashwin is being extended to ophthalmology, cosmetic procedures, and fertility care. The platform combines a structured, user-friendly interface with AI-based analytics and insight generation on the backend, leveraging blockchain to ensure data integrity and security.

The startup claims that its patent-backed architecture allows for secure storage and retrieval of data across multiple organisations and geographies, a feature critical to both cross-institutional healthcare and global e-governance deployments. Plenome is also working on what it describes as a “distributed AI protocol,” envisioned as a ground-truthed framework for critical sectors that require verifiable data pipelines.

Plenome was spun out of Prof. Rajagopal’s research group at IIT Madras’ Center for Nondestructive Evaluation. His work focuses on automation and data engineering, and the startup continues to build upon these research foundations. Co-founder Rathinasamy brings expertise in embedded systems, while Varna, a blockchain specialist, leads distributed architecture and smart contract development.

Co-founder Vijayaraja Rathinasamy stated, “At Plenome, we are driven by the conviction that technology should be purposeful and inclusive, reaching those at the margins and delivering outcomes that are tangible, equitable, and sustainable.”

Anirudh Varna added, “By decentralising critical systems from healthcare diagnostics to secure voting, we are putting power directly into people’s hands. We are looking forward to scale our Ashwin and BlockVote platforms globally.