Essel Group-owned ZEEL invested Rs 522 Cr in SugarBox

SugarBox raised Rs 522cr from its existing investor ZEEL, would deploy funds towards operational and financial strengthening of the company SugarBox creates a hyperlocal data distribution ecosystem by installing CDN Edge servers, which users can connect to over a local WiFi network. Users have to look for ‘SugarBox’ WiFi & connect, open ZEE5 or Freeplay App and register using their mobile number to stream & download movies without buffering or data charges. SugarBox POIs are available on public transport, public places, rural areas, hotels & co-living spaces and malls, claims 200+ POIs, 1 million network reach and over 50,000 data carriage

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