Spice Route Legal was pleased to advise Digio, India’s most prominent digital documentation platform on a minority investment from Groww. With the aim of furthering India’s digital transformation, Digio offers products for digital document signing, KYC, NACH registration, and debit processes. The platform enables Aadhaar holders to digitally e-sign documents, and complete e-KYC formalities.

This infusion of funds has come from Groww, an online investment platform which allows users to invest in stocks and mutual funds. Interestingly, Digio and Groww have been strategic partners for years now, with Digio providing e-KYC and e-signing services to the users that wish to register on Groww’s platform.

Our team, led by Mathew Chacko and comprising Nikhil Joseph, Harsh Kumra, and Jumana Basheer advised on this deal.