About Tap2trade
Tap2trade is a Technology company based in Noida (India) founded in 2016. It provides procurement platforms for sourcing, bidding, and order management. It operates on a B2B and SaaS model. Its Indian entity Wings2aspirations Start-Up India Private Limited reported revenue of ₹16.4 Lakh. Tap2trade offers products and services including eRFI, eRFP/RFQ, eBidding, Order Awarding, and PO. Its focus areas include Business Services, Procurement Tech, Sourcing and eProcurement. Its competitors include Bizongo and Cashflo; 2 of its 2 listed competitors have raised funding.
Company details
Tap2Trade is a digital platform that facilitates procurement processes, including sourcing, eRFI, eRFPRFQ, and eBidding. It helps businesses create requests, manage bids, and award orders to enhance transparency and efficiency. Operating in India, it serves companies by streamlining procurement activities and driving cost savings through web and mobile access.
- Headquarters Noida, India
- SectorsTechnology
- Website tap2trade.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Wings2aspirations Start-Up India Private Limited
- Date of Incorporation 11 Mar, 2016
- Jurisdiction New Delhi, Delhi, India
- Annual Revenue₹16.4 Lakh
FY 2024
- Net Profit₹8.6 Lakh
FY 2024 · 53% margin
- EBITDA₹9.1 Lakh
FY 2024 · 56% margin
Associated legal entities of Tap2trade
Tap2trade operates through Wings2aspirations Start-Up India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2024) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Wings2aspirations Start-Up India Private Limited CIN U74999DL2016PTC292425 | Active | 11 Mar 2016 | New Delhi, Delhi | ₹0.2 Cr | 2 | View details |
Products & Services of Tap2trade
Tap2trade offers a comprehensive portfolio of products and services, including eRFI, eRFP/RFQ, eBidding, Order Awarding, and PO.
Platform for creating and managing information requests via web and mobile
System for uploading and responding to complex bids and proposals
Tool to automate bidding processes and secure best prices
Process for evaluating and awarding vendor proposals
Feature for communicating and managing purchase intentions with vendors
Apps and channels of Tap2trade
its YouTube channel Wings2Aspirations has 33 subscribers and 30 videos.
Videos from Tap2trade
The most watched videos on Tap2trade's YouTube channel, Wings2Aspirations (33 subscribers). Click a video to play it here.
More on Wings2Aspirations.
Board of directors of Wings2aspirations Start-Up India Private Limited (Tap2trade)
Wings2aspirations Start-Up India Private Limited is the primary company behind Tap2trade. The board of Wings2aspirations Start-Up India Private Limited currently have 2 directors; the longest-serving is Akshay Jaithalia, appointed in 2016.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Akshay Jaithalia DIN 01043236 | Director | 11 Mar 2016 | 10 yrs 7 mo | Wings2aspirations Start-Up India Private Limited |
| Girdher Gopal Jaithalia DIN 07411052 | Director | 11 Mar 2016 | 10 yrs 7 mo | Wings2aspirations Start-Up India Private Limited |
Financials of Tap2trade
Figures of Wings2aspirations Start-Up India Private Limited, the primary company behind Tap2trade, for FY 2024. Revenue was ₹16.4 Lakh. Net profit was ₹8.6 Lakh (53% margin). EBITDA was ₹9.1 Lakh (56% margin). Revenue has grown at a compounded annual rate of +105% over three years and +181% over five years.
- ₹16.4 LakhRevenue · FY 2024
- ₹8.6 LakhNet profit · 53% margin
- ₹9.1 LakhEBITDA · 56% margin
- ₹7.7 LakhPaid-up capital
- +105%Revenue CAGR, 3 years
- +181%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Wings2aspirations Start-Up India Private Limited are on its company page.
Detailed financial statements for Tap2trade
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Verified entity values are shown only after access is granted.
Competitors of Tap2trade
Tap2trade has 2 listed competitors in our database, 2 of them funded. They include Bizongo and Cashflo.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| bizongo.com | 2015 | Mumbai, India | $257.08M | 94 | Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions | |
| cashflo.io | 2019 | Mumbai, India | $12.77M | 54 | Provider of accounts payable automation, payment, compliance, and vendor management software |
Detailed competitors of Tap2trade
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- Full competitor set
- Operating metrics
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Verified entity values are shown only after access is granted.
Top companies in Procurement & Supply Chain IT
2 companies that operate in the same segment as Tap2trade (Procurement & Supply Chain IT) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of supply chain financing solutions for small and medium enterprises | 2017 | Mumbai, Maharashtra, India | USD 269.95 M | USD 48.5 M | 1,506 | |
Provider of working capital and supply chain finance solutions for businesses | 2017 | Mumbai, Maharashtra, India | USD 62 M | USD 2.85 M | 181 |
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Frequently Asked Questions about Tap2trade
Tap2trade was founded in 2016.
Tap2trade is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.
The primary company behind Tap2trade, Wings2aspirations Start-Up India Private Limited, reported revenue of ₹16.4 Lakh for FY 2024.
Tap2Trade is a digital platform that facilitates procurement processes, including sourcing, eRFI, eRFPRFQ, and eBidding. It helps businesses create requests, manage bids, and award orders to enhance transparency and efficiency. Operating in India, it serves companies by streamlining procurement activities and driving cost savings through web and mobile access.
Tap2trade offers eRFI, eRFP/RFQ, eBidding, Order Awarding, and PO.
Tap2trade operates through Wings2aspirations Start-Up India Private Limited.
The legal entities of Tap2trade currently have 2 directors, including Akshay Jaithalia, Girdher Gopal Jaithalia.