Digiboxx, a Mumbai, Maharashtra-based homegrown file storage, and sharing platform, raised an undisclosed amount in pre-Series A round led by CapGro Pvt.
The company will use the funds for product development, deeper penetration into its current markets, scaling operations, expanding its team, and enhancing its technology platform.
It will also use the investment to scale up its core engineering efforts to support customer demand.
Company: Digiboxx Technologies and Digital India Pvt. Ltd.
Raised: undisclosed
Round: pre-Series A
Funding Month: November 2021
Lead Investors: CapGro Pvt
Additional Investors:
Company Website: https://digiboxx.com/
Software Category: Digital file storage and sharing platform
About the Company: Founded in 2020, DigiBoxx is an intelligent Indian digital file storage and sharing platform that’s secure, fast, intuitive, and easy on the pocket. The cloud storage platform was launched by Amitabh Kant, Chief Executive Officer, NITI Aayog, and enables individuals and small-medium enterprises (SMEs) to store personal and work data. DigiBoxx intended to make digital asset management go vocal for locals, Digiboxx has built a robust technology that’s world-class & yet keeps in mind the flavors of India. Digiboxx is optimized for all devices and has access to the internet across all bandwidths in different parts of the country.
Source: https://www.vccircle.com/cashfree-invests-in-uae-based-telr-explores-global-expansion