“At least three more individual investors have co-invested. Gridle is also in talks with another angel investment group in India to participate in this round. The capital raised from this round will be used for product development,” a source told Techcircle.in
The startup hasn’t confirmed the funding yet.
Gridle, founded by Shah, Abhishek Doshi and Anupama Panchal, makes communication easy through visual, cloud and economical collaboration. Webs and intuitive search along with basic features like file sharing, calendars and instant messaging, make it a useful and effective tool for teams working cross border.
The startup is one of the 10 startups chosen to be a part of the 2013 batch at iAccelerator, the incubation program run by IIM Ahmedabad.