LogiTax

Pune, India Founded: 2017 • Age: 9 yrs Acquired By Cashflo
Cloud-based GST compliance and vendor management tools are offered.

About LogiTax

LogiTax is a Technology company based in Pune (India) founded in 2017 by Aditya Kulkarni, and was acquired by Cashflo in May 2024. Cloud-based GST compliance and vendor management tools are offered. LogiTax has raised $60.18 thousand across 1 funding round from investors including Cashflo and SoftCore Solutions. The company has 13 employees. Its chief executive, as recorded, is Aditya Kulkarni. Its Indian entity Ankekshan Consulting Private Limited reported revenue of β‚Ή3.9 Lakh. Its focus areas include FinTech, Finance & Accounting Tech, Accounting Solutions and Record to Report.

Company details

LogiTax was founded in 2017 in Pune, India, within the tax compliance sector. Operations focus on cloud-based software that handles GST processes, including e-invoicing, e-way bill generation, and return filing. Vendor management features are included for tracking, payments, and automated follow-ups. These tools support businesses in maintaining regulatory compliance and operational efficiency across various sizes.

Key Metrics
  • Annual Revenue
    ₹3.9 Lakh

    FY 2025 · -98% YoY

  • Net Loss
    -₹43.9 Lakh

    FY 2025 · -1112% margin

  • EBITDA
    -₹25 Lakh

    FY 2025 · -633% margin

  • Total Equity Funding
    $60.18K (USD)

    in 1 rounds

  • Latest Funding Round
    $60.18K (USD), Seed

    Sep 2023

  • Investors
    Cashflo

    & 1 more

  • Employee Count
    13
  • Acquired by
    Cashflo

    (May 2024)

Funding Insights of LogiTax

LogiTax has successfully raised a total of $60.18K through 1 strategic funding round. The most recent funding activity was a Seed round of $60.18 thousand completed in September 2023. 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 $60,175
  • Total Rounds 1
  • Last Round Seed β€” $60,175
  • First Round $60,175

    (Sep 2023)

  • Investors Count 1

All 1 funding rounds of LogiTax with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2023$60,175Seed–SoftCore Solutions
–
Valuation history

2 investors in total: 2 institutional.

Investors in LogiTax

LogiTax has secured backing from 2 investors. Prominent investors backing the company include Cashflo and SoftCore Solutions.

All
InvestorDescriptionFounded YearDomainLocation
Offers ERP, CRM, and cloud services to streamline business processes across industries.
2000softcoresolutions.comThane, India
Provider of accounts payable automation, payment, compliance, and vendor management software
2019cashflo.ioMumbai, India
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Investor details for LogiTax

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Board of directors of Ankekshan Consulting Private Limited (LogiTax)

Ankekshan Consulting Private Limited is the primary company behind LogiTax. The board of Ankekshan Consulting Private Limited currently have 3 directors; the longest-serving is Ravish Vishwanath Bhave, appointed in 2013. 7 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Ravish Vishwanath Bhave
DIN 06632489
Director24 Jul 201313 yrs 2 moAnkekshan Consulting Private Limited
Aditya Yeshwant Kulkarni
DIN 06632480
Director24 Jul 201313 yrs 2 moAnkekshan Consulting Private Limited
Radha Ravish Bhave
DIN 07135295
Director17 Jun 201511 yrs 4 moAnkekshan Consulting Private Limited

People of LogiTax

2 people are tracked at LogiTax (1 in leadership, 1 in team); the tracked headcount is 13.

NameRoleGroup
Founder & CEOLeadership
Harshita Amin
GST Product ExpertTeam
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Financials of LogiTax

Figures of Ankekshan Consulting Private Limited, the primary company behind LogiTax, for FY 2025. Revenue was ₹3.9 Lakh (-98% year on year). Net loss was -₹43.9 Lakh (-1112% margin). EBITDA was -₹25 Lakh (-633% margin). Revenue has grown at a compounded annual rate of -66% over three years and -31% over five years.

  • ₹3.9 LakhRevenue · FY 2025 · -98% YoY
  • -₹43.9 LakhNet loss · -1112% margin
  • -₹25 LakhEBITDA · -633% margin
  • ₹33 LakhPaid-up capital
  • 13Employees (provident fund records)
  • -66%Revenue CAGR, 3 years
  • -31%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Ankekshan Consulting Private Limited are on its company page.

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Detailed financial statements for LogiTax

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Timeline of LogiTax

3 dated milestones of LogiTax across 7 years, from founding to its latest funding, stage changes and deals.

  1. Founded LogiTax is founded.
  2. Funding First funding round of $60K.
  3. Exit Acquired by Cashflo.

Web traffic of LogiTax

The website of LogiTax (logitax.in) receives about 2.6K visits a month and ranks #3,612,184 among all websites worldwide, #7,709 in Accounting and Auditing.

  • Monthly visits
    2.6K

    ▼ 48.8% vs previous month

  • Unique visitors
    2.1K

    per month

  • Global rank
    #3,612,184

    among all websites

  • Category rank
    #7,709

    Finance · Accounting and Auditing

Similar websites

Websites whose visitors overlap most with LogiTax. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
gsthero.com
100%
36.4K#611,809View details
expertspanel.in
96%
#1,338,565View details
taxilla.com
96%
25.5K#1,251,291View details
irisgst.com
86%
38.8K#617,181View details
efiletax.in
86%
#1,209,524View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Related news about Logitax

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Frequently Asked Questions about LogiTax

LogiTax was founded in 2017 and raised its 1st funding round 6 years after it was founded.

LogiTax is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.

Aditya Kulkarni is the CEO of LogiTax, as recorded in our data. They have also founded this company.

LogiTax is a funded company, having raised a total of $60.18K across 1 funding round to date. The company's 1st funding round was a Seed of $60.18K, raised on Sep 2023.

LogiTax has 13 employees.

The primary company behind LogiTax, Ankekshan Consulting Private Limited, reported revenue of β‚Ή3.9 Lakh for FY 2025, down 98% year on year.

LogiTax was founded in 2017 in Pune, India, within the tax compliance sector. Operations focus on cloud-based software that handles GST processes, including e-invoicing, e-way bill generation, and return filing. Vendor management features are included for tracking, payments, and automated follow-ups. These tools support businesses in maintaining regulatory compliance and operational efficiency across various sizes.

LogiTax has 2 investors. Key investors include Cashflo, and SoftCore Solutions.

LogiTax operates through Ankekshan Consulting Private Limited.

Yes. LogiTax was acquired by Cashflo in May 2024.

The legal entities of LogiTax currently have 3 directors, including Ravish Vishwanath Bhave, Aditya Yeshwant Kulkarni, Radha Ravish Bhave.

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