Editorial Team

Fretbox a  SaaS based proptech start-up for hostels, PGs’ and housing communities, recently received an investment of 4million rupees to expand their operations in Tier II and Tier III cities. This investment was made by industry experts such as by Persistent System board members, an ex-CIO of Tata Motors, and an Invasystems VP.

This expansion was commenced at the thought of PM Modi encouraging our nation to invest in Tier II and Tier III cities.

In the light of this investment Mr. Ashish Gupta, Co-founder and CEO of Fretbox said, ‘We are really grateful of our investors in trusting and investing in Fretbox. Currently, Fretbox is fully functionally operational in Pune, Bhopal, Indore, and Bhubaneshwar. With this funding our target is being concentrated solely in expanding our presence in other Tier II and Tier III cities.’

With this investment Fretbox has on-boarded many industry veterans as Board Observer some of them are Mr Kedar Paranjpye, and Siddharth Kaul.

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