Tapzo

Bengaluru, India Founded: 2010 • Age: 16 yrs Minicorn Acquired By Amazon
Provider of sustainable smart business cards

About Tapzo

Tapzo is a Retail company based in Bengaluru (India) founded in 2010 by Avinash Vankadaru, and was acquired by Amazon in August 2018. Tapzo has raised $38.74 million across 13 funding rounds from investors including Amazon, American Express and HT Media. The company has 4 employees. Tapzo was last valued at $91.03 million in June 2018. Its Indian entity Barsaati Media Tech Private Limited reported revenue of β‚Ή22.8 Lakh. Its focus areas include Horizontal E-Commerce and Super Apps. Its competitors include Magicpin, Tata Digital, AppBrowzer, MYn and All in One Shopping Site and 2 more; 3 of its 7 listed competitors have raised funding.

Company details

Provider of sustainable smart business cards. The company claims to offer salespeople and businesses smart business cards for improving environmental impact and cutting costs.

  • Headquarters Bengaluru, India
  • Employees 4
  • Founders Avinash Vankadaru
  • Stage Acquired
  • Sectors
    Retail
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website tapzo.com
  • Social LinkedIn X Facebook
  • Acquired by Amazon (Aug 2018)
  • Legal Name Coraza Technologies Private Limited
  • Date of Incorporation 04 Dec, 2009
  • Jurisdiction Bengaluru, Karnataka, India
Key Metrics
  • Annual Revenue
    ₹22.8 Lakh

    FY 2023 · -78% YoY

  • Net Loss
    -₹1.00 Cr

    FY 2023 · -441% margin

  • EBITDA
    -₹1.09 Cr

    FY 2023 · -476% margin

  • Total Equity Funding
    $38.74M (USD)

    in 13 rounds

  • Latest Funding Round
    $1.72M (USD), Series C

    Jun 2018

  • Investors
    Amazon

    & 15 more

  • Employee Count
    4
  • Acquired by
    Amazon

    (Aug 2018)

Funding Insights of Tapzo

Tapzo has successfully raised a total of $38.74M across 13 strategic funding rounds. The most recent funding activity was a Series C round of $1.72 million completed in June 2018. 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 $38.74M
  • Total Rounds 13
  • Last Round Series C β€” $1.72M
  • First Round $215,425

    (Sep 2011)

  • Investors Count 15

Latest 10 of 13 funding rounds of Tapzo with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jun 2018$1.72MSeries C$91.03M–
Jan 2018$2.09MSeries C–RTP Global
Jun 2017–Series C––
Feb 2017$3.13MSeries C$60.02MRB Investments
Sep 2016$8.34MSeries C$β€’β€’β€’β€’β€’American Express Ventures, American Express
Jun 2016$502,972Series B$β€’β€’β€’β€’β€’Keepital
Dec 2015$420,501Series B$β€’β€’β€’β€’β€’Trifecta Capital
–
Dec 2015$337.17MDebt – Venture––
May 2015$16MSeries B$β€’β€’β€’β€’β€’Sequoia Capital
Jun 2014$5.2MSeries A$β€’β€’β€’β€’β€’Sequoia Capital
Valuation history
DateValuationStage
Jun 2018$91.03Mβ€’β€’β€’β€’β€’β€’β€’β€’
Feb 2017$60.02Mβ€’β€’β€’β€’β€’β€’β€’β€’
Sep 2016$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Jun 2016$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Dec 2015$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
May 2015$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Jun 2014$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Jan 2013$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of Tapzo

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Last known valuation $91.03M (Jun 2018). 16 investors in total: 14 institutional and 2 angel.

Investors in Tapzo

Tapzo has secured backing from 16 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Amazon, American Express and HT Media.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Investments are made in multi-stage tech-focused startups.
–rbworld.comSingapore, Singapore
Venture capital firm focused on early-stage technology companies
2011rtp.vcNew York, United States
Investments in early-stage startups are made by Brand Capital.
–brandcapital.co.inMumbai, India
Sequoia Capital is engaged in venture capital investments.
1972sequoiacap.com-
Venture capital firm investing in Southeast Asian startups and publishing reports on technology and sustainability.
–east.vc-
Venture capital firm focused on startup competition
–g-startup.comSanta Clara, United States
Venture capital investments are directed toward multiple sectors.
–americanexpress.com/us/business/american-express-venturesNew York, United States
Private debt and equity funds are managed for technology sectors.
–trifectacapital.inGurugram, India
Potato farming, grain marketing, and equipment services are provided in Maine.
2008morpheusgang.comChandigarh, India
Print, digital, and radio media platforms are operated.
1924htmedia.inDelhi, India
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Investor details for Tapzo

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Board of directors of Barsaati Media Tech Private Limited (Tapzo)

Barsaati Media Tech Private Limited is the primary company behind Tapzo. The board of Barsaati Media Tech Private Limited currently have 2 directors; the longest-serving is Ankur Singla, appointed in 2009. 4 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Ankur Singla
DIN 02715254
Managing Director04 Dec 200916 yrs 10 moBarsaati Media Tech Private Limited
Asha Singla
DIN 02797922
Director04 Dec 200916 yrs 10 moBarsaati Media Tech Private Limited

People of Tapzo

2 people are tracked at Tapzo (1 in leadership, 1 in team); the tracked headcount is 4.

NameRoleGroup
Avinash Vankadaru
Co-FounderLeadership
Ambani George
Quality AssuranceTeam
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Financials of Tapzo

Figures of Barsaati Media Tech Private Limited, the primary company behind Tapzo, for FY 2023. Revenue was ₹22.8 Lakh (-78% year on year). Net loss was -₹1.00 Cr (-441% margin). EBITDA was -₹1.09 Cr (-476% margin). Revenue has grown at a compounded annual rate of -75% over three years and -59% over five years.

  • ₹22.8 LakhRevenue · FY 2023 · -78% YoY
  • -₹1.00 CrNet loss · -441% margin
  • -₹1.09 CrEBITDA · -476% margin
  • ₹73,850Paid-up capital
  • 4Employees (provident fund records)
  • -75%Revenue CAGR, 3 years
  • -59%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Barsaati Media Tech Private Limited are on its company page.

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Detailed financial statements for Tapzo

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Timeline of Tapzo

5 dated milestones of Tapzo across 8 years, from founding to its latest funding, stage changes and deals.

  1. Founded Tapzo is founded.
  2. Funding First funding round of $215K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Series C, of $1.7M.
  5. Exit Acquired by Amazon.

Competitors of Tapzo

Tapzo has 7 listed competitors in our database, 3 of them funded. They include Magicpin, Tata Digital, AppBrowzer, MYn and All in One Shopping Site, among others.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
magicpin.com2015Gurugram, India$104.41M843
Offers a platform that rewards customers for visiting partner businesses.
tatadigital.com2019Mumbai, India–835
Delivers a comprehensive super-app for multi-category products and services.
appbrowzer.com2015Bengaluru, India$604,389–
Apps are aggregated and discovered via a unified platform.
myn.global2021Bengaluru, India$149,610–
A super app is provided for multi-category products and services.
allinoneapps.in2016Delhi, India––
Provides access to over 50 Indian online shopping sites with deals and coupons.
zuperap.com2017Kozhikode, India––
Multi-category products and services are provided via an online platform.
standarde.in2020Pune, India––
A super app is offered for multi-category products and services.
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Detailed competitors of Tapzo

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Web traffic of Tapzo

The website of Tapzo (tapzo.com) receives about 1.5K visits a month.

  • Monthly visits
    1.5K

    ▼ 10.7% vs previous month

Top companies in Marketplaces & General E-Commerce

10 companies that operate in the same segment as Tapzo (Marketplaces & General E-Commerce), ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Multi-category consumer products are offered via an online marketplace platform.
2007Bengaluru, Karnataka, IndiaUSD 12.12 BUSD 9.83 B18,938
Fashion and lifestyle products are offered via an online marketplace.
2007Bengaluru, Karnataka, IndiaUSD 123.71 MUSD 542.17 M1,108
Multi-category consumer products are sold via an online marketplace.
2010Seoul, Seoul, South KoreaUSD 3.9 BUSD 34.53 B95,000
Multi-category products are sold via an online marketplace platform.
2012Singapore, Singapore, SingaporeUSD 689.63 MUSD 617.56 M21,571
Multi-category products are offered through an online marketplace.
1994Seattle, Washington, United StatesUSD 8 M–769,165
Multi-category second-hand products are offered via online marketplace platform.
2007Moscow, RussiaUSD 161 M––
Used multi-category products are traded on an online marketplace platform.
2013Minato, Tokyo, JapanUSD 114.3 MUSD 1.41 B1,782
Multi-category consumer products are sold via an online marketplace platform.
1999Buenos Aires, Argentina–USD 28.89 B84,210
App-based marketplace and classified platform for multi-category products
2013Barcelona, Catalonia, SpainUSD 370.56 M––
Rides and deliveries are facilitated via a mobile app platform.
2012Dubai, Dubai, United Arab EmiratesUSD 771.7 M–6,360
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Related news about Tapzo

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Frequently Asked Questions about Tapzo

Tapzo was founded in 2010 and raised its 1st funding round 1 year after it was founded.

Tapzo is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.

Tapzo is a funded company, having raised a total of $38.74M across 13 funding rounds to date. The company's 1st funding round was a Series A of $5.2M, raised on Sep 2011.

Tapzo has 4 employees.

The primary company behind Tapzo, Barsaati Media Tech Private Limited, reported revenue of β‚Ή22.8 Lakh for FY 2023, down 78% year on year.

Provider of sustainable smart business cards. The company claims to offer salespeople and businesses smart business cards for improving environmental impact and cutting costs.

Tapzo's top competitors include Tata Digital, MYn and All in One Shopping Site.

Tapzo has 16 investors. Key investors include Amazon, American Express, HT Media, RTP Global, and Morpheus Gang.

The valuation of Tapzo is $91.03M as of Jun 2018.

Tapzo operates through Barsaati Media Tech Private Limited.

Yes. Tapzo was acquired by Amazon in August 2018.

The legal entities of Tapzo currently have 2 directors, including Ankur Singla, Asha Singla.

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