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Digio - About the company

Digio is a seed company based in Bengaluru (India), founded in 2016 by Abhinav Parashar and Sanket Nayak. It operates as a Provider of digital solutions for KYC, document management, and digital signatures. Digio has raised $11.9M in funding from Rainmatter and Groww, with a current valuation of *****. The company has 5605 active competitors, including 690 funded and 544 that have exited. Its top competitors include companies like Automattic, Box and Kaltura.

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.
Social
XFacebook
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
Post Money Valuation
***** as on Dec 31, 2022
Investors
Ranked
Annual Revenue
₹127Cr as on Mar 31, 2025
Employee Count
80 as on Jul 31, 2025
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Digio's funding and investors

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
2281312
Seed
3288207
4915347
3226469
5741472
Jun 05, 2017
5103108
Angel
9715159
2381785
2106208
5650867
Aug 18, 2016
9305496
Seed
8575565
1435431
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Digio's founders and board of directors

Founder? Claim Profile
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:

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
Team
-
Current
10y 1m
Team
-
Current
10y 1m

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:
Employee count trend for Digio
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Digio's Competitors and alternates

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
Logo for Automattic
Automattic
2005, San Francisco (United States), Series E
Developer of open-source content management system
$896M
85/100
2nd
Logo for Box
Box
2005, Redwood City (United States), Public
AI based platform for secure collaboration, content management, and workflow
$693M
80/100
3rd
Logo for Kaltura
Kaltura
2006, New York City (United States), Public
Provider of video solutions for webinars, events, hubs, and virtual classrooms
$145M
78/100
4th
Logo for Jumio
Jumio
2010, Sunnyvale (United States), Acquired
Provider of AI-powered identity verification solutions
$196M
76/100
5th
Logo for Idfy
Idfy
2011, Mumbai (India), Series F
Provider of a platform for identity verification and risk management
$62.7M
75/100
6th
Logo for IDnow
IDnow
2010, Munich (Germany), Acquired
Provider of automated and expert-led identity verification and digital trust services
$40M
75/100
7th
Logo for M2P Fintech
M2P Fintech
2014, Chennai (India), Series D
Provider of APIs enabling banking, lending, and payment financial services
$188M
74/100
8th
Logo for Riskified
Riskified
2013, New York City (United States), Public
AI-based payment fraud prevention solutions for e-commerce solution
$232M
74/100
9th
Logo for Simplex
Simplex
2014, Ramat Gan (Israel), Acquired
AI-based crypto payments and fraud prevention solutions for businesses
$19M
73/100
10th
Logo for Profitero
Profitero
2009, Dun Laoghaire (Ireland), Acquired
Platform offering E- Commerce analytics solutions
$28.2M
73/100
23rd
Logo for Digio
Digio
2016, Bengaluru (India), Seed
Provider of digital solutions for KYC, document management, and digital signatures
$11.9M
69/100
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Digio's Latest cap tables and shareholding

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
3799586
2438554
5717065
5426591
9489129
3753149
1299626
7435003
1266355
5726242
2926296
4331945
6355060
4119855
1005439
1669138
Fund
22.57%
243Cr
1371948
5188211
3356178
5510574
4479729
7235445
6452398
2846530
6242678
3271883
8313798
9200425
2125533
3924063
1460323
9379747
Angel
0.28%
3Cr
0
0
0
0
0
0
0
0
0
0
Other People
0.35%
3.69Cr
0
0
0
0
ESOP Pool
13.39%
144Cr
6713857
1362623
7135770
2648907
Total
100.00%
1,070Cr
5816307
9865907
7377012
2930085
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of Digio's Shareholding

Digio's Investments and acquisitions

Digio has made no investments or acquisitions yet.

News related to Digio

Media has covered Digio for 1 event in last 1 year, It was about company updates.
Digio doubles down on international marketsFinancial ExpressMar 26, 2026Digio
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FAQs about Digio

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