PensionBox was founded in 2021 by Kuldeep Parashar and Shivam Parashar. It is a digital pension app that allows users to create their personalised digital pension plan to track pension savings, contribute and withdraw pension online. In March 2022, the startup raised $160,000 from Kishore Ganji, Keynote India, Aprameya Radhakrishna, SAT Industry and others. With the funds raised, backed from 100X.VC, and other marquee angel investors, PensionBox plans to hire a strong team and build its product faster in the coming months to lead the way in the pension sector in India.