{"id":2800,"date":"2024-05-23T11:32:49","date_gmt":"2024-05-23T11:32:49","guid":{"rendered":"https:\/\/www.founderlabs.in\/?p=2348"},"modified":"2024-06-26T10:37:20","modified_gmt":"2024-06-26T10:37:20","slug":"noida-based-b2b-proptech-saas-company-proptech-solution-start-up-fretbox-ashish-gupta-ceo","status":"publish","type":"post","link":"https:\/\/www.founderlabs.in\/?p=2800","title":{"rendered":"Student Living Experience Platform FretBox Secures Seed Investment Led by CXO Factor"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Under recent funding series on Start ups, Noida-based B2B Proptech SaaS company, FretBox has secured seed investment from CXO Factor.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>The investment scenario<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">CXO Factor is a leading investment advisory firm based in Los Angeles. This investment marks CXO Factor\u2019s first investment in the Indian startup ecosystem.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Existing investors from FretBox\u2019s &nbsp;Angel and Pre-seed funding rounds have also increased their investment in this Seed funding round.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">As higher education in India experiences rapid growth, there is an increasing demand for modern hostel infrastructure and advanced technology to support digitization and automation.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">FretBox, a scalable and specialized vertical SaaS platform, caters exclusively to university student accommodation and is well positioned for substantial growth in this burgeoning market.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><em>Ashish Gupta, CEO \u2013 FretBox, stated on the occasion, &#8220;The investment and support will be used to rapidly develop our technical offerings and expand our reach.<\/em><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><em>&#8221; Bishnu Sahoo, CTO&nbsp; &nbsp;and Sidharth Kaul, COO echoed their sentiments, emphasizing the importance of the funding in accelerating the company&#8217;s growth and innovation.<\/em><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The company has transformed the university student living experience at prestigious campuses, including Galgotias University in Noida, Thapar Institute in Patiala, KIIT in Bhubaneswar, Oriental University in Indore, and People&#8217;s University in Bhopal, benefiting 60,000 students.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Further, over 50 additional universities are currently in discussions to implement FretBox\u2019s solutions to enhance hostel management and provide a stress-free living experience for students.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>About FretBox<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Established in 2022, FretBox offers a comprehensive proptech solution for university and college hostels. The platform offers features such as a notice board, visitor log, amenities booking, digital assistant, fee collection, and security desk. Serving a diverse clientele, FretBox partners with both private and government institutions, committed to enhancing the student living experience through digital innovation.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>FretBox has transformed the university student living experience at prestigious campuses, including Galgotias University in Noida, Thapar Institute in Patiala, KIIT in Bhubaneswar, Oriental University in Indore, and People&#8217;s University in Bhopal, benefiting 60,000 students.<\/p>\n","protected":false},"author":3,"featured_media":2831,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[645],"tags":[912,913,914,915,916,917,918,919,920],"class_list":["post-2800","post","type-post","status-publish","format-standard","has-post-thumbnail","category-funding","tag-cxo-factor","tag-fretbox","tag-higher-education","tag-hostel-accommodation","tag-los-angeles","tag-pre-seed-funding","tag-proptech","tag-student-living-experience","tag-university-student"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.3 (Yoast SEO v27.8) - 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