The ability to sign documents electronically isn’t just a convenience—it’s a necessity. Yet many small businesses find themselves priced out of professional e-signature solutions. Enter BoloSign, an innovative startup that’s democratizing digital document signing for small and medium-sized enterprises (SMEs).
From WhatsApp CRM to E-Signature Innovation
The story of BoloSign begins with an unexpected pivot during the COVID-19 pandemic. Founders Chirag Gupta and Paresh Deshmukh initially developed a WhatsApp CRM solution for a college senior, which rapidly grew to serve 250,000 businesses and generated $15,000 in monthly recurring revenue. After successfully selling this venture to a U.S.-based CRM company, the duo identified another critical gap in the market: affordable, accessible e-signature solutions for small businesses.
“We saw firsthand how small businesses, especially in emerging markets, were being underserved when it came to essential digital tools,” explains Chirag Gupta, co-founder of BoloSign. “That’s why we created BoloSign—to provide enterprise-grade e-signature capabilities at prices that make sense for smaller operations.”
A Solution Tailored for SMBs
Launched in October 2023, BoloSign has been experiencing impressive 20% month-over-month growth. The platform stands out by offering:
- Cost-effective pricing designed specifically for small businesses
- User-friendly interface requiring minimal technical expertise
- Legal compliance and security features
- Environmental benefits through paperless operations
- Mobile-first approach with dedicated apps
- Seamless integration capabilities
Drawing Inspiration from Industry Giants
The team draws inspiration from Stripe’s success in democratizing payment processing for internet businesses. “Like Stripe did for payments, we’re making professional e-signature solutions accessible to businesses that have traditionally been overlooked,” says Paresh Deshmukh, co-founder of BoloSign. “Our focus is on creating a seamless, reliable experience that helps small businesses compete effectively in the digital age.”
Looking Ahead
Operating as a remote-first company, BoloSign has ambitious plans for the future. The startup aims to become the leading e-signature provider in both emerging and developed markets within the next four years. With their mobile apps recently launched and new features continuously being added, BoloSign is well-positioned to revolutionize how small businesses handle document signing and form submissions.
The Bottom Line
In a world where digital transformation is no longer optional, BoloSign is ensuring that small businesses aren’t left behind. By providing an affordable, efficient, and legally compliant e-signature solution, they’re helping level the playing field for SMBs worldwide. As businesses continue to digitize their operations, BoloSign’s commitment to accessibility and user-friendliness makes them a startup to watch in the e-signature space.
