202129 Nov

Indian Cloud Storage Service Startup Digiboxx Valued at $15 Mn in Pre-series A Funding Round

Summary

Starting in 2020 December, Digiboxx aims to become the preferred public cloud storage platform of India and has secured more than 1.0 Million users.The company plans to use the capital proceeds for the next phase of its growth, which includes product development, penetrating deeper into current markets, scaling operations, expanding its team, and strengthening its technology platform. And as a new company, we have to develop an understanding in them that we are making an impact.”Nitin Narang, Director, CapGro Private Limited, said “We are delighted to have invested in Digiboxx. We are keen to provide the resources and support to help the company further build and refine its unique product strategy and market position.”DigiBoxx™ is an intelligent Indian digital file storage and sharing platform that’s secure, fast, intuitive, and easy on the pocket. With the goal to make digital asset management ‘go vocal for local’, we have built a robust technology that’s world-class and yet keeps in mind the flavors of India. It is a tech startup founded and promoted by Arnab Mitra, MD, LIQVD ASIA, along with Vivek Suchanti and Ashish Jalan, Concept Group.

Source: Indianweb2

Funding

$1.5M
Amount
Nov 29 2021
Date
-
Investor
Digiboxx
Company

Classifications

Companies