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.
- Website
- www.digio.in
- 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
Legal entities associated with Digio
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 | $23.9K (As on Mar 31, 2025) | 2 (As on Jul 31, 2025) | |
DIGIOTECH SOLUTIONS PRIVATE LIMITED CIN: U72900KA2016PTC092338 , India, Active | Apr 12, 2016 | $15M (As on Mar 31, 2025) | 78 (As on Aug 01, 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 |
View details of Digio's funding rounds and investors
Digio's founders and board of directors
Founder? Claim ProfileHere 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
- Sanket Nayak: Co-Founder of Digio. They serve on the board of 1 company.Contact Info: 1 email address
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 |
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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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:
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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 | 85/100 | |
2nd | Box 2005, Redwood City (United States), Public | AI based platform for secure collaboration, content management,
and workflow | $693M | 80/100 | |
3rd | Kaltura 2006, New York City (United States), Public | Provider of video solutions for webinars, events, hubs, and virtual classrooms | $145M | 78/100 | |
4th | Jumio 2010, Sunnyvale (United States), Acquired | Provider of AI-powered identity verification solutions | $196M | 76/100 | |
5th | Provider of a platform for identity verification and risk management | $62.7M | 75/100 | ||
6th | Provider of automated and expert-led identity verification and digital trust services | $40M | 75/100 | ||
7th | M2P Fintech 2014, Chennai (India), Series D | Provider of APIs enabling banking, lending, and payment financial services | $188M | 74/100 | |
8th | Riskified 2013, New York City (United States), Public | AI-based payment fraud prevention solutions for e-commerce solution | $232M | 74/100 | |
9th | AI-based crypto payments and fraud prevention solutions for businesses | $19M | 73/100 | ||
10th | Platform offering E- Commerce analytics solutions | $28.2M | 73/100 | ||
23rd | Provider of digital solutions for KYC, document management, and digital signatures | $11.9M | 69/100 |
Looking for more details on Digio's competitors? Click here to see the top ones
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.
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Matera raises R $ 500 million with Warburg Pincus to accelerate expansionFusoes & Aquisicoes•Jul 17, 2024•Matera, Warburg Pincus, Matera, C6bank and 5 others
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Will these Indian soonicorns end the dry spell of no unicorns in 2023?Business Today•Apr 28, 2023•Log9, Simpl Energy, Digio, Ecozen Solutions
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Digio raises mammoth growth stage funding from GrowwSpice Route Legal•Feb 06, 2023•Groww, Digio, Digio
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Thai digital payments startup Digio banks $4m in series B fundingTech in Asia•May 13, 2020•Digio, , , Digio and 3 others
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Fintech venture Digio raises ₹2.5 crore from ZerodhaBusiness Line•Aug 18, 2016•Zerodha, Digio, Rainmatter, TradeLab and 3 others
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