Homegrown file storage and sharing platform Digiboxx raised an undisclosed sum led by CapGro Pvt Ltd in pre-Series A at $15 million valuation.
Individuals and small and medium-sized businesses (SMEs) can store personal and business data on the cloud storage platform. Digiboxx is optimised for all devices and has internet access across all bandwidths in various parts of the country. According to the platform, it currently supports eight regional languages and plans to add more soon. The funds will be used for product development, deeper market penetration in existing markets, scaling operations, expanding its team, and improving its technology platform. It will also use the funds to expand its core engineering efforts in order to meet customer demand. Digiboxx, which was founded in 2020, claims to have over 1 million users on its platform.