CaaS platform Digiboxx reaches $15 Mn valuation

Cloud-storage-as-a-service startup Digiboxx has raised fresh funds and is now valued at $15 million in pre-series A funding. The funding round was led by CapGro Private Ltd.

The company plans to use the capital in product development, penetrating deeper into current markets, scaling operations, expanding its team and strengthening its technology platform. 

Launched by Amitabh Kant in 2020, Digiboxx is a digital file storage, sharing and data management solution which allows individuals as well as SMEs to store personal and work data. The platform is optimised for all devices that have access to the internet across all bandwidths present in different parts of the country.

The Mumbai-based software company has already secured more than 1 million users, supporting 8 regional languages and planning to launch in other regional languages soon. The firm is currently working with multiple Indian data centres to assure that data is being securely stored within the country’s borders.