Hotline: 1800 102 2007
X
Loading
Search Business Opportunities
2015-03-21

Enterprise collaboration startup CollateBox raises Rs 1.2 cr through LetsVenture

Founded in 2012, CollateBox helps enterprises collaborate with their teams on multiple projects in the mobile world securely.

US and Bangalore-based CollateBox Inc, which helps employees of enterprises collect, share and act on data, has raised around Rs 1.2 crore ($180,000) from a group of angel investors and Teninnovate through equity crowd-funding platform LetsVenture, according to a VCCircle report.

The fund would be mainly used to take the product to the global markets.

Founded in 2012 by Ravindra Krishnappa and Ralph Vaz, CollateBox helps enterprises collaborate with their teams on multiple projects in the mobile world securely.

Krishnappa, co-founder and CEO of CollateBox, is an entrepreneur and angel investor with over 28 years of corporate, startup and technology experience and has worked with companies such as Oracle. He earlier founded Inatech InfoSolutions. Vaz, co-founder and CTO, has worked with companies such as EPiServer APAC, Ebbon Dacs, XP Software Solutions and Netgalactic. Earlier, he founded Wolf Frameworks India Pvt Ltd which is offering Platform-as-a-Service (PaaS) solutions.

CollateBox has been built for everyday tasks—from collating daily expense report to managing student data of an entire district with selective sharing and summaries.

“We were looking at raising $150,000 but we received such an overwhelming response that we received 20 per cent more than what we were looking for. LetsVenture helped us reach out to investors beyond our known circle,” said Krishnappa.

Related opportunities
  • About LaabhaLaabha is the apparel and lifestyle division of Guuno..
    Locations looking for expansion New Delhi
    Establishment year 1995
    Franchising Launch Date 2015
    Investment size Rs. 20lac - 30lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater South Delhi New Delhi
  • About My Home FitnessVoted as Vogue’s Beauty Fitness Expert Of..
    Locations looking for expansion Maharashtra
    Establishment year 2016
    Franchising Launch Date 2016
    Investment size Rs. 10lac - 20lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai City Maharashtra
  • "A Legacy to be inherited & gifted to Generations" GYMKHANA CLUB..
    Locations looking for expansion New Delhi
    Establishment year 2016
    Franchising Launch Date 2016
    Investment size Rs. 5 Cr. above
    Space required 5 - 10 acre
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater South Delhi New Delhi
  • Ayurvedic, Herbal & Organic Products
    We are looking for Dealer & Distributors from all over..
    Locations looking for expansion Madhya Pradesh
    Establishment year 2010
    Franchising Launch Date 2010
    Investment size Rs. 2lac - 5lac
    Space required 600 - 1000 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Indore Madhya Pradesh
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities