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 $60.7M 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 25th amongst 5898 active competitors, of which 693 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was Idfy, which secured $24.3M in Feb, 2026.

Who are the top competitors of Digio?

Digio's top competitors include Automattic, Box and Kaltura. Among them, Idfy secured the most recent funding round in February, 2026.

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

25^th among 5898 active competitors

Annual Revenue

₹100 - ₹500 Cr as on Mar 31, 2025

Employee Count

80 as on Jul 31, 2025

Similar Companies

Box & 6367 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	4867281	Seed	5622238	1404828	9125638	5805774
Jun 05, 2017	2154378	Angel	7713020	6362313	2432384	8303064
Aug 18, 2016	1757053	Seed	2909348	2714301	Rainmatter	Straddle Capital

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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 3m
Sanket Nayak	Team	-	Current	10y 3m

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:

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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, Andreessen Horowitz & 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, ORIX & 16 others	78/100
4th	Jumio 2010, Sunnyvale (United States), Acquired	Provider of AI-powered identity verification solutions	$196M	Great Hill Partners, Millennium Technology Value Partners ... & 10 others	76/100
5th	Idfy 2011, Mumbai (India), Series F	Provider of a platform for identity verification and risk management	$62.7M	Blume Venture, New Enterprise Associates ... & 40 others	75/100
6th	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
7th	Riskified 2013, New York City (United States), Public	AI-based payment fraud prevention solutions for e-commerce solution	$232M	Founder Collective, Entree Capital & 21 others	75/100
8th	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
9th	Simplex 2014, Ramat Gan (Israel), Acquired	AI-based crypto payments and fraud prevention solutions for businesses	$19M	Cumberland Mining, BITMAIN & 12 others	73/100
10th	Profitero 2009, Dun Laoghaire (Ireland), Acquired	Platform offering E- Commerce analytics solutions	$28.2M	Scaleworks, Polaris Partners & 10 others	73/100
25th	Digio 2016, Bengaluru (India), Seed	Provider of digital solutions for KYC, document management, and digital signatures	$11.9M	Rainmatter, Straddle Capital & 3 others	69/100

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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	5174808	6682006	4951709	6854493
Abhinav Parashar	2919313	4466837	6024070	9466114	6855049	6406272
Sanket Nayak	3955944	1168875	2833557	8497120	8832073	4460345
Fund	22.57%	243Cr	8317768	9186792	2670221	6993211
Rainmatter	8623156	3876259	7157372	5530995	3389185	5669417
Groww	3794610	6016026	8474131	2437719	8674262	5967400
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	1013305	7859908	1883449	6635016
Total	100.00%	1,070Cr	2221104	4093201	9590272	5930803