When was Digio founded?

Digio was founded in 2016 and raised its 1st funding round within a year of its incorporation.

Where is Digio located?

Digio is headquartered in Bengaluru, India. It is registered at Flat C-1603, Oak Block, Salarpuria Greenage Apts Bomanhalli, Hosur Main Road, Bangalore, Bangalore, Karnataka, India, 560068.

Who is the current CEO of Digio?

Abhinav Parashar of Digio. They have also founded 1 company.

Which legal entities is Digio associated with?

Digio is associated with DIGIOTECH SOLUTIONS PRIVATE LIMITED and 1 other.

How many employees does Digio have?

As of Jul 31, 2025, Digio has 80 employees, reflecting a 36% year-over-year growth in headcount.

Is Digio a funded company?

Digio is a funded company, having raised a total of $11.9M across 3 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Aug 18, 2016.

How much is Digio worth?

The latest valuation of Digio is $***** as of Dec 31, 2022.

When was the latest funding round of Digio?

Digio's latest funding was a $***** Seed round on Dec 30, 2022, with participation from 1 investor. Its primary sector is GRC Software. In India, the GRC Software sector has seen $83.4M in funding in 2026 to date.

What is the annual revenue of Digio?

Annual revenue of Digio is between ₹100 Cr and ₹500 Cr as on Mar 31, 2025

Where does Digio rank among its competitors?

Digio ranks 11th amongst 6702 active competitors, of which 697 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Sift, which secured $507K in Oct, 2025.

Who are the top competitors of Digio?

Digio's top competitors include Automattic, Box and Kaltura. Among them, Sift secured the most recent funding round in October, 2025.

Digio - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Provider of digital solutions for KYC, document management, and digital signatures. It offers tools for customer onboarding, identity verification, and compliance. Solutions include document creation, secure repositories, version control, and form builders. The company facilitates digital signing, recurring collections, and consent management.

Website: www.digio.in
Social
Email ID: *****@digio.in
Phone Number: +91 **********
Registered Address: Flat C-1603, Oak Block, Salarpuria Greenage Apts Bomanhalli, Hosur Main Road, Bangalore, Bangalore, Karnataka, India, 560068

Key Metrics

Founded Year

2016

Location

Bengaluru, India

Stage

Seed

Total Funding

$11.9M in 3 rounds

Latest Funding Round

Seed, Dec 30, 2022, $*****

Post Money Valuation

$***** as on Dec 31, 2022

Investors

Rainmatter & 4 more

Ranked

11^th among 6702 active competitors

Annual Revenue

₹100 - ₹500 Cr as on Mar 31, 2025

Employee Count

80 as on Jul 31, 2025

Similar Companies

Box & 6886 more

View Digio's full profile

Digio is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
DIGIO INTERNET PRIVATE LIMITED CIN: U67100KA2021PTC144708 , India, Active	Mar 01, 2021	0 - ₹10 Cr (As on Mar 31, 2025)	2 (As on Jul 31, 2025)
DIGIOTECH SOLUTIONS PRIVATE LIMITED CIN: U72900KA2016PTC092338 , India, Active	Apr 12, 2016	₹100 - ₹500 Cr (As on Mar 31, 2025)	78 (As on Aug 01, 2025)

Digio has raised a total funding of $11.9M over 3 rounds. Its first funding round was on Aug 18, 2016. Its latest funding round was a Seed round on Dec 30, 2022 for $*****. 1 investor participated in its latest round. Digio has 4 institutional investors and 1 angel investor.

Here is the list of recent funding rounds of Digio:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 30, 2022	6428664	Seed	9450894	1041048	1252622	4960921
Jun 05, 2017	2888122	Angel	3867650	5784940	6971029	5180022
Aug 18, 2016	8265524	Seed	7298784	1995939	Rainmatter	Straddle Capital

Access funding benchmarks and valuations. Sign up today!

View details of Digio's funding rounds and investors

The founders of Digio are Abhinav Parashar and Sanket Nayak. Abhinav Parashar is the CEO of Digio.

Here are the details of Digio's key team members:

Abhinav Parashar: Co-Founder & CEO of Digio and founder of 2 other companies, Instawise and Instawise. They serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number
Sanket Nayak: Co-Founder of Digio. They serve on the board of 1 company.
Contact Info: 1 email address and 1 phone number

Digio's Board of Directors

Digio's board has 2 active members. Abhinav Parashar and Sanket Nayak are part of team.

Here is the list of Digio's board of directors:

Name	Type	Representing	Status	Duration
Abhinav Parashar	Team	-	Current	10y 5m
Sanket Nayak	Team	-	Current	10y 5m

View details of Digio's Founder profiles and Board Members

Digio's employee count trend

Digio has 80 employees as of Jul 25. The total employee count is 36.0% more than what it was in Jul 24. Here is Digio's employee count trend over the years:

Uncover Digio's growth story! Sign up today!

Access Tracxn on any website

Our Google Chrome extension lets you view company details while browsing their websites

Install Tracxn Extension

Top competitors of Digio include Automattic, Box and Kaltura. Here is the list of Top 10 competitors of Digio, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Automattic 2005, San Francisco (United States), Series E	Developer of open-source content management system	$896M	Tiger Global Management, Endurance International Group ... & 32 others	85/100
2nd	Box 2005, Redwood City (United States), Public	AI based platform for secure collaboration, content management, and workflow	$693M	DFJ, USVP & 38 others	80/100
3rd	Kaltura 2006, New York City (United States), Public	Provider of video solutions for webinars, events, hubs, and virtual classrooms	$145M	Goldman Sachs Investment Partners, Nexus Venture Partners ... & 16 others	78/100
4th	IDnow 2010, Munich (Germany), Acquired	Provider of automated and expert-led identity verification and digital trust services	$40M	Seventure Partners, BayBG Venture Capital ... & 40 others	75/100
5th	Sift 1997, San Francisco (United States), Series D	Provider of an AI-powered platform for fraud detection and prevention	$162M	Insight Partners, Spark Capital & 22 others	75/100
6th	M2P Fintech 2014, Chennai (India), Series D	Provider of APIs enabling banking, lending, and payment financial services	$188M	8i Ventures, Beenext & 63 others	74/100
7th	Jumio 2010, Sunnyvale (United States), Acquired	Provider of AI-powered identity verification solutions	$201M	Millennium Technology Value Partners, Great Hill Partners ... & 10 others	74/100
8th	Simplex 2014, Ramat Gan (Israel), Acquired	AI-based crypto payments and fraud prevention solutions for businesses	$19M	Cumberland Mining, FundersClub & 12 others	73/100
9th	Profitero 2009, Dun Laoghaire (Ireland), Acquired	Platform offering E- Commerce analytics solutions	$28.2M	Scaleworks, Seedcamp & 10 others	73/100
10th	Riskified 2013, New York City (United States), Public	AI-based payment fraud prevention solutions for e-commerce solution	$232M	Founder Collective, Genesis Partners & 21 others	73/100
11th	Digio 2016, Bengaluru (India), Seed	Provider of digital solutions for KYC, document management, and digital signatures	$11.9M	Rainmatter, Straddle Capital & 3 others	72/100

Get insights and benchmarks for competitors of 2M+ companies! Sign up today!

Looking for more details on Digio's competitors? Click here to see the top ones

Founders (largest shareholder) own 63.42%, Funds own 22.57%, Angels own 0.28% and Other People own 0.35%. The net worth of Digio's founders is INR 682Cr as of Dec 31, 2022.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	63.42%	682Cr	6139685	8046803	3033360	8198694
Abhinav Parashar	4130134	6398807	5653402	1597167	9187649	3984610
Sanket Nayak	5232967	1114233	5361254	3032127	3590814	3987001
Fund	22.57%	243Cr	2128838	5510685	1763680	6604880
Rainmatter	6993198	6169617	3528186	1938188	5121524	1810427
Groww	3058093	5026844	8276970	1703455	2705601	7057772
Angel	0.28%	3Cr	0	0	0	0
Pratyush Prasanna	0	0	0	0	0	0
Other People	0.35%	3.69Cr	0	0	0	0
ESOP Pool	13.39%	144Cr	7563987	3296712	6347652	1013625
Total	100.00%	1,070Cr	5619237	4469543	8066041	6722627