Delhi based startup GrexIt, a collaborative email inbox add-on has managed to secure a second round of funding from One97 Communications. Though the exact quantum is unknown, going by pattern of Citrix’s accelerator program it could be anywhere between US$ 100,000 to US$ 400,000.
Commenting on the usage of funds GrexIt’s co-founder Niraj Ranjan Rout said “We will primarily use the funding for product development. We already have a beta version for Google Apps live, which we are enhancing and extending to other e-mail platforms.”
This basically means that the product is already available on Google’s App market, albeit in Beta stage & the team wants to adapt it for MS Exchange and Outlook. During incubation in 2010, GrexIt had applied & managed to raise funds from another startup accelerator “The Morpheus”.
GrexIt acts like a cloud storage device, but specially designed for storing important email conversations. Kind of like an online repository for emails that can be collectively shared (with inferences) with colleagues at a later stage. Emails can be send to this heaven by forwarding them to dedicated email address (firstname.lastname@example.org) or by using a browser extension which adds a ’Send To GrexIt’ button to your emails. One can then organize and control the conversations by making use of Shared Labels.
This means GrexIt basically allows creation of “Smart Folders” (Presently limited to Gmail). Subsequently, users can setup Access-controls to decide who can access which Shared Labels, and further customization involves rules and filters to automatically backup important emails with any specific label on the user’s inbox, with the same label on GrexIT. To summarize, GrexIt is an online “Knowledge Management Tool” built specifically for E-mails.
Will you take the extra pain of setting up such “online dormitories” with “specific keys” for your emails? Do let us know.