JSS STEP, India Accelerator, and a number of angel investors have invested 10 million INR in FretBox, a Noida-based SaaS platform for dormitories. The money will be utilised to scale operations, increase product offerings, and fuel the company's growth.

FretBox is assisting university and college residence halls with the digital transformation of their campuses by upgrading security, communication, support, and fund collection systems. Student proof of presence has become easy, frictionless, and available to the warden thanks to FretBox. On the other hand, it makes it easier for students to lodge grievances, request leaves, and keep up with hostel news around-the-clock.

Customers include universities and colleges in the states of Delhi-NCR, UP, Madhya Pradesh, Orissa, and Jharkhand. By Q2 2023–2024, FretBox hopes to target 50+ colleges as it rapidly grows. JSS STEP is a startup accelerator that offers early-stage startups in India financing, mentorship, and tools. Successful technology businesses in industries like healthcare, education, fin-tech, clean-tech, and SaaS, to mention a few, have historically benefited from the accelerator's help.

India Accelerator is a startup accelerator that offers early-stage startups in India financing, mentorship, and assistance. The accelerator works closely with entrepreneurs to support their growth and success through its network of knowledgeable mentors and investors. JSS STEP and India Accelerator led the investment round, which also included a number of angel investors.