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PNN New Delhi [India] May 22 Noida-based B2B Proptech SaaS company FretBox has secured seed investment from CXO Factor a leading investment advisory firm based in Los Angeles This investment marks CXO Factor first investment in the Indian startup ecosystem Existing investors from FretBox Angel and Pre-seed funding rounds have also increased their investment in this Seed funding round 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 FretBox FretBox a scalable and specialised vertical SaaS platform caters exclusively to university student accommodation and is well positioned for substantial growth in this burgeoning market Ashish Gupta CEO - FretBox stated on the occasion The investment and support will be used to rapidly develop our technical offerings and expand our reach Bishnu Sahoo CTO and Sidharth Kaul COO echoed their sentiments emphasizing the importa

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