About TapChief
TapChief is a company based in Bengaluru (India) founded in 2016 by Binay Krishna Shivam and Arjun Krishna Vasisht was acquired by Unacademy in February 2021. TapChief has raised $3.5 million across 5 funding rounds from investors including Paytm, Angel List and Unacademy. The company has 604 employees as of April 06, 2024. TapChief offers products and services including Solopreneur Platform. TapChief operates in a competitive market with competitors including Upwork, Fiverr, Iziwork, Freelancer and Malt, among others.
- Headquarter Bengaluru, India
- Employees 604 as on 06 Apr, 2024
- Founders Binay Krishna Shivam, Arjun Krishna Vasisht
- Stage Minicorn
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Sectors
Technology
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Email
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Phone
*********
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Website
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Social
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- Legal Name Pilani Experts Technology Labs Private Limited
- Date of Incorporation 04 Feb, 2016
- Jurisdiction Bangalore North, Karnataka, India
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Annual Revenue
$564.84 K (USD)5.97as on Mar 31, 2022
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Net Profit
-$7.33 M (USD)-515.02as on Mar 31, 2022
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EBITDA
-$7.63 M (USD)-580.84as on Mar 31, 2022
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Total Equity Funding
$3.5 M (USD)
in 5 rounds
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Latest Funding Round
$597.08 K (USD), Seed
Oct 23, 2020
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Investors
Paytm
& 64 more
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Employee Count
604
as on Apr 06, 2024
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Acquired by
Unacademy
(Feb 16, 2021)
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Products & Services of TapChief
TapChief offers a comprehensive portfolio of products and services, including Solopreneur Platform.
Connects solopreneurs with customers for work opportunities and income.
Funding Insights of TapChief
TapChief has successfully raised a total of $3.5M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $597.08 thousand completed in October 2020. 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 5
- Last Round Seed — $597,080
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First Round
First Round
(15 Apr 2016)
- Investors Count 64
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2020 | Amount | Seed - TapChief | Valuation | Blume Ventures | |
| Jul, 2019 | Amount | Seed - TapChief | Valuation | Blume Ventures |
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| Jun, 2019 | Amount | Seed - TapChief | Valuation | 500 Global , Wellfound |
Investors in TapChief
TapChief has secured backing from 65 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Paytm, Angel List and Unacademy.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Seed and early-stage investments are made across sectors in India.
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Founded Year | Domain | Location | |
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Venture capital and acceleration are provided to tech startups.
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Founded Year | Domain | Location | |
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Venture capital and support services for startups in emerging technologies.
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Founded Year | Domain | Location |
Investments & Acquisitions by TapChief
Financial Statements - TapChief
Tapchief Comparisons
Competitors of TapChief
TapChief 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 Upwork, Fiverr, Iziwork, Freelancer and Malt, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Businesses are connected with freelancers via an online marketplace.
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| domain | founded_year | HQ Location |
Freelance services are facilitated via an online multi-industry marketplace.
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| domain | founded_year | HQ Location |
Freelancers are matched with employers via an online job platform.
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| domain | founded_year | HQ Location |
An online marketplace is operated for freelancers in various industries.
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| domain | founded_year | HQ Location |
Freelance marketplace operated to connect experts with company projects.
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| domain | founded_year | HQ Location |
Freelancers are matched with clients via an online services platform.
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Frequently Asked Questions about TapChief
TapChief was founded in 2016.
TapChief is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
TapChief is a funded company, having raised a total of $3.5M across 5 funding rounds to date. The company's 1st funding round was a Seed of $650K, raised on Apr 15, 2016.
As of Apr 06, 2024, the latest employee count at TapChief is 604.
Annual revenue of TapChief is $564.84K as on Mar 31, 2022.
Online platform for freelancer marketplace. It is a web platform to connect with domain-specific professionals. It allows the user to choose an expert they want to connect with or use the smart skill search to get a relevant expert in any domain, sending across a short description of the nature of the query and a time when the user likes to schedule the call. If the expert accepts, the platform arranges a call to both parties from their end at the scheduled time. It Lets people register themselves as an expert and sets their own rate for the session and it charges an additional convenience fee on top of the experts rate, the rate for a session varies from expert to expert.
TapChief's top competitors include Upwork, Fiverr and Freelancer.
TapChief offers Solopreneur Platform.
TapChief has 65 investors. Key investors include Paytm, Angel List, Unacademy, Wellfound, and SucSEED.
The valuation of TapChief is $9.9M as of Oct 2020.