FretBox is a SaaS-based platform designed to streamline the management of hostels, PG accommodations, and co-living spaces. The software offers a comprehensive suite of tools that enhance security, communication, rent collection, and complaint management, making it a valuable asset for property managers and residents alike.
FretBox was founded in 2015 by Ashish Gupta, Sidharth Kaul, Bishnu Sahoo, Pranjul Gupta, and Sachin Mandwariya. The company has steadily grown, focusing on the digital transformation of hostel management. Initially targeting the Indian market, FretBox has expanded its operations to several cities, including Pune, Bhopal, Indore, Bhubaneshwar, and Delhi NCR.
FretBox has raised a total of $170K over multiple funding rounds. The most recent funding round was a Seed round on May 22, 2024, led by CXO Factor. The company is valued at approximately $1.03 million as of the latest available data.
FretBox offers a range of features designed to simplify hostel management. These include:
FretBox continuously updates its platform with new features to meet the evolving needs of its users. Some of these include AI-driven functionalities, biometric integrations, and advanced security measures like turnstile gates
FretBox emphasizes a customer-centric approach with a focus on delivering high-quality solutions. The company values digital transformation and aims to provide hassle-free living experiences through its innovative technology. It also ensures data protection and privacy through verified contracts and certified due diligence processes
FretBox serves a diverse range of clients including prestigious institutions such as Galgotias University, Thapar Institute, KIIT, Oriental University, and People's University. It impacts around 60,000 students directly with its solutions, with over 50 other universities in discussions to implement FretBox's offerings. The company supports a wide range of businesses from startups to large enterprises.
