About Digii
Digii is a company based in Bengaluru (India) founded in 2013 by Hemant Sahal.. Digii has raised $6.05 million across 10 funding rounds from investors including Manipal Global, Sprout Venture Partners and Cks Consulting. The company has 84 employees as of April 06, 2024. Digii offers products and services including Administration System, Learning Management System, Admission Automation, and Campus Experience Platform. Digii operates in a competitive market with competitors including Anthology, Beanstack, Classera, Transact Campus and Tribal Group, among others.
- Headquarter Bengaluru, India
- Employees 84 as on 06 Apr, 2024
- Founders Hemant Sahal
- Stage Minicorn
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Sectors
TechnologyEducation
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Email
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Phone
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Website
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Social
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- Legal Name Butterfly Innovations Private Limited
- Date of Incorporation 05 Aug, 2013
- Jurisdiction Gurugram, Haryana, India
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Annual Revenue
$860.72 K (USD)76.26as on Mar 31, 2023
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Net Profit
$-671.64 K (USD)-49.95as on Mar 31, 2023
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EBITDA
$-668.71 K (USD)-60.85as on Mar 31, 2023
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Total Equity Funding
$6.05 M (USD)
in 10 rounds
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Latest Funding Round
$2.05 M (USD), Series B
Jul 01, 2024
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Investors
Manipal Global
& 25 more
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Employee Count
84
as on Apr 06, 2024
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Products & Services of Digii
Digii offers a comprehensive portfolio of products and services, including Administration System, Learning Management System, Admission Automation, and Campus Experience Platform. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Handles institutional workflows like fee and human resource management
Facilitates course registration and attendance tracking for students
Automates processes for student admissions and CRM integrations
Manages clubs, events, and communication on campus
Funding Insights of Digii
Digii has successfully raised a total of $6.05M across 10 strategic funding rounds. The most recent funding activity was a Series B round of $2.05 million completed in July 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 10
- Last Round Series B — $2.1M
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First Round
First Round
(21 Jan 2014)
- Investors Count 26
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2024 | Amount | Series B - Digii | Valuation | The Singhal Children Trust | |
| May, 2022 | Amount | Series A - Digii | Valuation | Prime Venture Partners |
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| Aug, 2021 | Amount | Series A - Digii | Valuation | Prime Venture Partners |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Digii
Digii has secured backing from 26 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Manipal Global, Sprout Venture Partners and Cks Consulting. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital fund focused on tech startups
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Founded Year | Domain | Location | |
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Early-stage venture capital investing in consumption and technology sectors in India.
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Founded Year | Domain | Location | |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Digii
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Digii
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Digii Comparisons
Competitors of Digii
Digii operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Anthology, Beanstack, Classera, Transact Campus and Tribal Group, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
LMS and CRM solutions are provided for educational institutions.
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| domain | founded_year | HQ Location |
SaaS and app-based library management solutions are provided.
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| domain | founded_year | HQ Location |
Management software and e-learning platforms are delivered for educational institutions.
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| domain | founded_year | HQ Location |
Cashless campus transactions are enabled via mobile app solutions.
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| domain | founded_year | HQ Location |
Student information systems, education services, analysis, and benchmarking are provided.
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| domain | founded_year | HQ Location |
Cloud-based ERP software is delivered to universities for resource planning.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Digii
Frequently Asked Questions about Digii
When was Digii founded?
Digii was founded in 2013 and raised its 1st funding round 1 year after it was founded.
Where is Digii located?
Digii is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Who is the current CEO of Digii?
Hemant Sahal is the current CEO of Digii. They have also founded this company.
Is Digii a funded company?
Digii is a funded company, having raised a total of $6.05M across 10 funding rounds to date. The company's 1st funding round was a Series A of $1.29M, raised on Jan 21, 2014.
How many employees does Digii have?
As of Apr 06, 2024, the latest employee count at Digii is 84.
What is the annual revenue of Digii?
Annual revenue of Digii is $860.72K as on Mar 31, 2023.
What does Digii do?
Digii was founded in 2013 in Bengaluru, India, as a provider of software solutions for higher education institutions. Administrative processes and campus experiences are digitized through a mobile and web-based platform. Key features encompass admission management, curriculum management, timetable management, placement management, fees management, and additional tools. Interactions among students, faculty, and administrators are facilitated for academic and career matters. The mobile app is accessible on Android and iOS devices.
Who are the top competitors of Digii?
Digii's top competitors include Anthology, Beanstack and TeamLease Edtech.
What products or services does Digii offer?
Digii offers Administration System, Learning Management System, Admission Automation, and Campus Experience Platform.
Who are Digii's investors?
Digii has 26 investors. Key investors include Manipal Global, Sprout Venture Partners, Cks Consulting, Prime Venture Partners, and The Singhal Children Trust.
What is Digii's valuation?
The valuation of Digii is $21.23M as of Jul 2024.
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