About Hashtaag
Hashtaag is a Technology company based in Bengaluru (India) founded in 2015, and was acquired by Reshamandi in March 2022. An online coding and programming platform is offered by Hashtaag. It operates on a SaaS (Software-as-a-Service) model. Hashtaag has raised $1 million across 1 funding round from investors including Reshamandi. Its Indian entity Kgj Software Technologies Private Limited reported revenue of ₹2.29 Cr. The company was acqui-hired. Hashtaag offers products and services including Online Coding Platform. Its focus areas include Software and Development Tools.
Company details
A platform for coding and programming practice is provided by Hashtaag. Various programming languages and environments are supported for developers. Solutions for learning and testing code are included. The technology sector is primarily served with accessible tools.
- Headquarters Bengaluru, India
- Stage Acquired
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website hashtaag.com
- Social LinkedIn X Facebook
- Acquired by Reshamandi (Mar 2022)
- Legal Name Kgj Software Technologies Private Limited
- Date of Incorporation 03 Dec, 2015
- Jurisdiction Bangalore, Karnataka, India
- Annual Revenue₹2.29 Cr
FY 2020 · -15% YoY
- Net Profit₹8,354
FY 2020 · 0% margin
- EBITDA₹1.3 Lakh
FY 2020 · 1% margin
- Total Equity Funding$1M (USD)
in 1 rounds
- Latest Funding Round$1M (USD), Seed
Sep 2016
- Investors
- Acquired byReshamandi
(Mar 2022)
Associated legal entities of Hashtaag
Hashtaag operates through Kgj Software Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2020) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Kgj Software Technologies Private Limited CIN U72200KA2015PTC084488 | Active | 03 Dec 2015 | Bangalore, Karnataka | ₹2.3 Cr | 2 | View details |
Products & Services of Hashtaag
Hashtaag offers a comprehensive portfolio of products and services, including Online Coding Platform.
An online platform for coding and programming practice is provided.
Funding Insights of Hashtaag
Hashtaag has successfully raised a total of $1M through 1 strategic funding round. The most recent funding activity was a Seed round of $1 million completed in September 2016. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $1M
- Total Rounds 1
- Last Round Seed — $1M
- First Round $1M
(Sep 2016)
All 1 funding rounds of Hashtaag with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep 2016 | $1M | Seed | – | – | – |
1 investors in total: 1 institutional.
Investors in Hashtaag
Hashtaag has secured backing from 1 investor. Prominent investors backing the company include Reshamandi.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Provider of digital supply chain management solution for sericulture farmers and silk reelers | 2020 | reshamandi.com | Bengaluru, India |
Investor details for Hashtaag
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
Board of directors of Kgj Software Technologies Private Limited (Hashtaag)
Kgj Software Technologies Private Limited is the primary company behind Hashtaag. The board of Kgj Software Technologies Private Limited currently have 2 directors; the longest-serving is Jonna Venkata Vijaya Bhaskar Rao, appointed in 2016. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Jonna Venkata Vijaya Bhaskar Rao DIN 07186559 | Director | 08 Aug 2016 | 10 yrs 2 mo | Kgj Software Technologies Private Limited |
| Jonna Kuma Venkata Suresh DIN 08385548 | Director | 28 Feb 2019 | 7 yrs 7 mo | Kgj Software Technologies Private Limited |
Financials of Hashtaag
Figures of Kgj Software Technologies Private Limited, the primary company behind Hashtaag, for FY 2020. Revenue was ₹2.29 Cr (-15% year on year). Net profit was ₹8,354 (0% margin). EBITDA was ₹1.3 Lakh (1% margin). Revenue has grown at a compounded annual rate of +16% over three years.
- ₹2.29 CrRevenue · FY 2020 · -15% YoY
- ₹8,354Net profit · 0% margin
- ₹1.3 LakhEBITDA · 1% margin
- ₹1 LakhPaid-up capital
- +16%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Kgj Software Technologies Private Limited are on its company page.
Detailed financial statements for Hashtaag
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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Verified entity values are shown only after access is granted.
Timeline of Hashtaag
3 dated milestones of Hashtaag across 7 years, from founding to its latest funding, stage changes and deals.
- Founded Hashtaag is founded.
- Funding First funding round of $1.0M.
- Exit Acquired by Reshamandi.
Top companies in Mobile App Studios
2 companies that operate in the same segment as Hashtaag (Mobile App Studios) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Mobile content services, including music, are provided across APAC. | 2000 | Bengaluru, Karnataka, India | USD 46.3 M | USD 55.1 M | 397 | |
Offers IT solutions including mobile apps, web, eCommerce, and blockchain development. | 2011 | Ahmedabad, Gujarat, India | USD 4.14 M | 1 |
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Related news about Hashtaag
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Frequently Asked Questions about Hashtaag
Hashtaag was founded in 2015 and raised its 1st funding round 1 year after it was founded.
Hashtaag is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Hashtaag is a funded company, having raised a total of $1M across 1 funding round to date. The company's 1st funding round was a Seed of $1M, raised on Sep 2016.
The primary company behind Hashtaag, Kgj Software Technologies Private Limited, reported revenue of ₹2.29 Cr for FY 2020, down 15% year on year.
A platform for coding and programming practice is provided by Hashtaag. Various programming languages and environments are supported for developers. Solutions for learning and testing code are included. The technology sector is primarily served with accessible tools.
Hashtaag offers Online Coding Platform.
Hashtaag has 1 investor. Key investors include Reshamandi.
Hashtaag operates through Kgj Software Technologies Private Limited.
Yes. Hashtaag was acquired by Reshamandi in March 2022.
The legal entities of Hashtaag currently have 2 directors, including Jonna Venkata Vijaya Bhaskar Rao, Jonna Kuma Venkata Suresh.