Grexit, the NCR (Bangalore and Palo Alto) based startup that lets you unleash the knowledge hidden inside your email has raised funding from Citrix Accelerator and Vijay Shekhar Sharma (founder of One97).

Grexit’s core concept revolves making a sense of information (knowledge) that is stored in email discussion threads. Grexit enables you to create ‘smart folders’ (for Google Apps email account) and start sharing information to Grexit’s online repository (simple forward the email to add@grexit.com), which can be accessed by team members.

The key question for Grexit to answer is whether it’s competing with KM (Knowledge Management) tools or Enterprise Collaboration/Task Management services – that is, which IT department will pay for their service. In its current form, project managers are the ones who needs these services and Grexit’s competition comes from free software like Wikis etc.

» Useful Read: 5 Basic Email Etiquettes for Entrepreneurs

» Guest post by Grexit Team: CC is Evil, So Is Its First Cousin [Inbox Clutter]