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Karnataka-based SaaS startup for secure file sharing and engagement tracking, CloudFiles has raised Rs 2.36 crores in pre-Seed round funding led by Titan Capital.
The funding also saw participation from marquee groups of angel investors including Ashish Garg (Founder & CEO at Eltropy) and Renil Komitla (CEO at Terralogic Software).
“The startup plans to use fresh funds to expand the team, and for product & business development,” the statement added.
Founded by BITS Pilani & IIM Bangalore alumni team of Vishesh Singhal, Ankit Gupta, and Siddharth Garg in January 2021, CloudFiles is a SaaS application for sharing files securely & tracking viewer’s engagement. The app helps sales & marketing teams secure their documents and generate & qualify better leads.
Speaking on the funding, Vishesh Singhal, Founder & CEO, CloudFiles, said, “We are happy to have partnered with industry leaders who believed in our product & team and will guide us to the next level.”
“Indian Saas for the global market is picking up pace and it’s very encouraging to see successes like Freshworks. The funding will help us create a truly valuable file-sharing product for a global audience,” Vishesh added.
Commenting on the investment in CloudFiles, Bipin Shah, Partner at Titan Capital, said, “CloudFiles is very uniquely positioned to securely facilitate documents sharing for businesses between teams and clients. We are also amazed at the speed of execution by the team.”