SaaS based start-up raises INR 236 crores in pre-seed funding led by Titan Capital

SaaS based start-up CloudFiles has raised INR 2.36 crores in pre-seed round of funding led by Titan Capital.

The funding also saw participation from marquee group of angel investors including Ashish Garg – Founder & CEO at Eltropy and Renil Komitla – CEO at Terralogic Software. The company will use the funds to expand the team, and for product & business development.

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. The team’s vision is to create an integration-first Saas, trying to go where the users are rather than bringing them to their platform. Within 6 months they have partnered with over 30 businesses having over 2,500 file uploads and over 12,000 views, an Express Computer report added.

“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 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 global audience,” said Vishesh Singhal, Founder & CEO, CloudFiles.

“CloudFiles is very uniquely positioned to securely facilitate documents sharing for businesses between teams and clients. We are also amazed seeing speed of execution by team,” said Bipin Shah, Partner at Titan Capital.

CloudFiles’ features include – File Upload & Link Generation, Link Security through ID Validation, Detailed and insightful file analytics, File Viewed event for automation. It aims to help the sales & marketing teams by completely getting integrated into their existing workflows.