About LogiTax
LogiTax is a company based in Pune (India) founded in 2017 by Aditya Kulkarni was acquired by Cashflo in May 2024. LogiTax has raised $60.18 thousand across 1 funding round from investors including Cashflo and SoftCore Solutions. The company has 13 employees as of April 02, 2024. LogiTax operates in a competitive market with competitors including Avalara, Exactera, TAINA Technology, Taxdoo and TaxJar, among others.
- Headquarter Pune, India
- Employees 13 as on 02 Apr, 2024
- Founders Aditya Kulkarni
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
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- Legal Name Ankekshan Consulting Private Limited
- Date of Incorporation 24 Jul, 2013
- Jurisdiction Pune, Maharashtra, India
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Annual Revenue
$255.61 K (USD)113.82as on Mar 31, 2023
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Net Profit
-$14.94 K (USD)-343.39as on Mar 31, 2023
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EBITDA
-$11.7 K (USD)-231.98as on Mar 31, 2023
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Total Equity Funding
$60.18 K (USD)
in 1 rounds
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Latest Funding Round
$60.18 K (USD), Seed
Sep 15, 2023
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Investors
Cashflo
& 1 more
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Employee Count
13
as on Apr 02, 2024
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Acquired by
Cashflo
(May 21, 2024)
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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 Total Funding
- Total Rounds 1
- Last Round Seed — $60,175
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First Round
First Round
(15 Sep 2023)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Sep, 2023 | Amount | Seed - LogiTax | Valuation | SoftCore Solutions |
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Investors in LogiTax
LogiTax has secured backing from 2 investors. Prominent investors backing the company include Cashflo and SoftCore Solutions.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Offers ERP, CRM, and cloud services to streamline business processes across industries.
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Founded Year | Domain | Location | |
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Provider of accounts payable automation, payment, compliance, and vendor management software
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Founded Year | Domain | Location |
Investments & Acquisitions by LogiTax
Financial Statements - LogiTax
Logitax Comparisons
Competitors of LogiTax
LogiTax operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Avalara, Exactera, TAINA Technology, Taxdoo and TaxJar, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based tax compliance solutions are delivered for businesses worldwide.
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| domain | founded_year | HQ Location |
Tax compliance software solutions are provided for business operations.
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| domain | founded_year | HQ Location |
Compliance management platforms are provided for financial institutions' regulatory needs.
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| domain | founded_year | HQ Location |
Sales tax management is offered for online retailers.
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| domain | founded_year | HQ Location |
Cloud-based tax calculations & compliance solutions for small businesses
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| domain | founded_year | HQ Location |
Bookkeeping and tax compliance platform for SMEs and freelancers
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Latest news on Logitax
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 current CEO of LogiTax. 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 15, 2023.
As of Apr 02, 2024, the latest employee count at LogiTax is 13.
Annual revenue of LogiTax is $255.61K as on Mar 31, 2023.
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.