Where is Digio located?

Digio is located in Bengaluru, India .

Who is the current CEO of Digio?

Abhinav Parashar is the current CEO of Digio.

Which legal entities is Digio associated with?

Digio is associated with Digiotech Solutions Private Limited and 1 other.

How many employees does Digio have?

Digio has 70 employees as of Feb 28, 2025.

Is Digio a funded company?

Digio is a funded company, its first funding round was on Aug 18, 2016.

How much is Digio worth?

The latest valuation of Digio is ₹1,070Cr as on Dec 31, 2022.

When was the latest funding round of Digio?

Digio's latest funding round was on Dec 30, 2022.

What is the annual revenue of Digio?

Annual revenue of Digio is ₹103Cr as on Mar 31, 2024.

Where does Digio rank among its competitors?

Digio ranks 19 amongst 4882 active competitors.

Who are the top competitors of Digio?

Digio's top competitors are DocuSign, Box and ComplyAdvantage.

Digio - 2025 Company Profile, Team, Funding, Competitors & Financials - Tracxn

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 transaction and document management platform for enterprises. Digio has raised $11.9M in funding from Rainmatter and Groww, with a current valuation of ₹1,070Cr. The company has 4882 active competitors, including 640 funded and 411 that have exited. Its top competitors include companies like DocuSign, Box and ComplyAdvantage.

Company Details

Provider of digital transaction and document management platform for enterprises. It is a digital signing solution that enables secure, legal, and configurable electronic signing capabilities for organizations, providing an alternative to traditional paper-based documentation processes. The company's platform offers features such as document tracking, reminders, and audit trails to ensure seamless and compliant digital signing experiences.

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 Unclassified KA 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, $11.5M

Post Money Valuation

₹1,070Cr as on Dec 31, 2022

Investors

Rainmatter & 4 more

Ranked

19^th among 4882 active competitors

Annual Revenue

₹103Cr as on Mar 31, 2024

Employee Count

70 as on Feb 28, 2025

Similar Companies

DocuSign & 5878 more

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: U72900KA2021PTC144708 India, Active	Jan 02, 2021	$10.8K (as on Mar 31, 2024)	2 (as on May 31, 2025)
Digiotech Solutions Private Limited CIN: U72900KA2016PTC092338 India, Active	Apr 11, 2016	$12.5M (as on Mar 31, 2024)	73 (as on May 31, 2025)

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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 $11.5M. 1 investor participated in its latest round, lead by Groww.

Digio has 4 institutional investors including Rainmatter, Groww and Straddle Capital. Rainmatter is the largest institutional investor in Digio. There is only 1 Angel Investor in Digio.

Here is the list of recent funding rounds of Digio:

Date of funding	Funding Amount	Round Name	Post money valuation	Revenue multiple	Investors
Dec 30, 2022	$11.5M	Seed	2089154	6858356	Groww
Jun 05, 2017	Undisclosed	Angel	8385894	1093202	Pratyush Prasanna
Aug 18, 2016	$400K	Seed	4554495	7685626	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
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
Abhinav Parashar	Team	-	Current	9y 2m
Sanket Nayak	Team	-	Current	9y 2m

View details of Digio's Founder profiles and Board Members

Digio's employee count trend

Digio has 70 employees as of Feb 25. Here is Digio's employee count trend over the years:

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

Overall Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	DocuSign 2003, San Francisco (United States), Public	Cloud and AI based contract management and electronic signature software	$520M	HighGear Ventures, Brookside Capital & 86 others	80/100
2nd	Box 2005, Redwood City (United States), Public	AI based platform for secure collaboration, content management, and workflow	$693M	Starboard Value, Hercules Capital & 38 others	79/100
3rd	ComplyAdvantage 2014, London (United Kingdom), Series C	Cloud-based AML solutions	$137M	TriplePoint Capital, Ontario Teachers' Pension Plan & 38 others	76/100
4th	IDnow 2010, Munich (Germany), Acquired	Provider of KYC, identity verification, and AML solutions for banks and financial institutions	$40M	Corsair Capital, BlackRock & 40 others	74/100
5th	Trax 2010, Singapore (Singapore), Series E	Cloud-based data analytics solutions for retail shelf management	$1.03B	HighGear Ventures, Warburg Pincus & 32 others	74/100
6th	Quantexa 2016, London (United Kingdom), Series F	AI powered data and decision intelligence solutions	$546M	Macquarie Group, Warburg Pincus & 14 others	74/100
7th	Signicat 2006, Trondheim (Norway), Acquired	Provider of software solutions for identitiy management	$2.09M	Viking Venture, European Union & 5 others	73/100
8th	IDfy 2011, Mumbai (India), Series E	Provider of integrated identity verification and risk management solutions	$35.6M	New Enterprise Associates, Dream Incubator & 37 others	73/100
9th	SpotDraft 2017, Bengaluru (India), Series B	Provider of AI-powered contract management software	$105M	Naspers, Premji Invest & 53 others	72/100
10th	Onfido 2012, London (United Kingdom), Acquired	AI-powered digital identity verification solution	$242M	TPG, TempoCap & 102 others	72/100
19th	Digio 2016, Bengaluru (India), Seed	Provider of digital transaction and document management platform for enterprises	$11.9M	Rainmatter, Groww & 3 others	67/100

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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	1575712	5185017	9027619	9079404
Abhinav Parashar	9581437	5266439	3283337	7530033	8995602	9315562
Sanket Nayak	6567495	6657776	3712485	9672873	7093530	3185677
Fund	22.57%	243Cr	4443437	2704543	4957836	2578167
Groww	4048770	9636115	6731331	1528552	9560809	5615892
Rainmatter	1797064	7612030	1132840	7280042	5710494	6058553
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	4463243	3476291	9690905	6518004
Total	100.00%	1,070Cr	3983234	5874052	6941612	2188913