About Digio
Digio is a company based in Bengaluru (India) founded in 2016 by Sanket Nayak and Abhinav Parashar. It operates as a SaaS (Software-as-a-Service), API-as-a-Product, and FinTech. Digio has raised $11.93 million across 3 funding rounds from investors including Groww, Pratyush Prasanna and Rainmatter. The company has 56 employees as of January 26, 2025. Digio offers products and services including DigiKYC, DigiDocs, DigiSign, DigiCollect, and DigiShield. Digio operates in a competitive market with competitors including Box, Adobe, DocuSign, Acquia and M-Files, among others.
- Headquarter Bengaluru, India
- Employees 56 as on 26 Jan, 2025
- Founders Sanket Nayak, Abhinav Parashar
- Stage Minicorn
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Sectors
TechnologyIndustrial Goods & Manufacturing Financial Services
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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 Digiotech Solutions Private Limited
- Date of Incorporation 12 Apr, 2016
- Jurisdiction Bangalore, Karnataka, India
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Annual Revenue
$12.05 M (USD)61.2as on Mar 31, 2024
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Net Profit
$4.91 M (USD)85.15as on Mar 31, 2024
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EBITDA
$5.92 M (USD)61.41as on Mar 31, 2024
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Total Equity Funding
$11.93 M (USD)
in 3 rounds
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Latest Funding Round
$11.53 M (USD), Seed
Dec 30, 2022
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Investors
Groww
& 3 more
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Employee Count
56
as on Jan 26, 2025
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Products & Services of Digio
Digio offers a comprehensive portfolio of products and services, including DigiKYC, DigiDocs, DigiSign, DigiCollect, and DigiShield.
Customer KYC is performed with comprehensive identity verification.
Documents and forms are digitized for efficient management.
Digital signatures are enabled through a trusted platform.
Recurring payments are automated with NACH compliance standards.
Screening and monitoring are provided for regulatory compliance.
Customer data privacy is managed with consent solutions.
People of Digio
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Funding Insights of Digio
Digio has successfully raised a total of $11.93M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $11.53 million completed in December 2022. 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.
Investors in Digio
Digio has secured backing from 4 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Groww, Pratyush Prasanna and Rainmatter.
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Indian fund focused on fintech, health, and climate initiatives.
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Single family office and venture capital firm
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An online platform for investments and trading services is offered.
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Investor details for Digio
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Investments & Acquisitions by Digio
Investment portfolio details for Digio
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Financial Statements - Digio
Detailed financials for Digio
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Digio Comparisons
Peer comparison for Digio
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Competitors of Digio
Digio 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 Box, Adobe, DocuSign, Acquia and M-Files, among others.
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AI-based platform for secure collaboration and content management is utilized.
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AI-powered platform manages marketing creatives and customer journeys.
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Cloud and AI-based electronic signatures and contract management are provided.
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AI powered digital experience and customer data management platform
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Documents are managed and automated for enterprise knowledge work.
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Document workflows are automated and managed for sales teams.
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Detailed competitors of Digio
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Latest news on Digio
Complete news archive for Digio
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Frequently Asked Questions about Digio
Digio was founded in 2016.
Digio is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Abhinav Parashar is the current CEO of Digio. They have also founded this company.
Digio is a funded company, having raised a total of $11.93M across 3 funding rounds to date.
As of Jan 26, 2025, the latest employee count at Digio is 56.
Annual revenue of Digio is $12.05M as on Mar 31, 2024.
Digital trust infrastructure is developed by Digio to support seamless customer onboarding and compliance across various industries. Solutions are offered for KYC verification, document digitization, digital signing, payment automation, and privacy management. Sectors such as capital markets, lending, banking, and insurance are served with regulatory-compliant tools. Enterprise API suites and no-code workflow builders are provided to enhance business processes in India.
Digio offers DigiKYC, DigiDocs, DigiSign, DigiCollect, and 2 more products and services.
Digio has 4 investors. Key investors include Groww, Pratyush Prasanna, Rainmatter, and Straddle Capital.
The valuation of Digio is $129.91M as of Dec 2022.