About Tarrakki
Tarrakki is a Technology company based in Ahmedabad (India) founded in 2018 by Shaily Shah, Atul Parmar, and Saumya Shah. Tarrakki has raised $378.17 thousand across 4 funding rounds from investors including Omni Lens, IIMA Ventures and Asit Oberoi. Tarrakki was last valued at $2.81 million in June 2022. Its website tarrakki.com draws about 15 thousand monthly visits. Its Indian entity Plutonomic Savtech Private Limited reported revenue of ₹1.15 Cr. Tarrakki offers products and services including Mutual Funds API, Fixed Deposits API, and White Label Solution. Its focus areas include FinTech, Investment Tech, Wealth Management IT and Embedded Investing.
Company details
Fintech platform that helps banks, fintech consumers with the infrastructure to launch investment products. It enables banks and financial services companies to launch highly scalable wealth management products on their platform through embedded infrastructure in the form of no-code low-code tools, SDKs, and APIs.
- Headquarters Ahmedabad, India
- Founders Shaily Shah, Atul Parmar, Saumya Shah
- Stage Minicorn
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website tarrakki.com
- Social LinkedIn X Facebook Instagram
- Legal Name Plutonomic Savtech Private Limited
- Date of Incorporation 28 Mar, 2018
- Jurisdiction Ahmedabad, Gujarat, India
- Annual Revenue₹1.15 Cr
FY 2025 · +8% YoY
- Net Loss-₹23.1 Lakh
FY 2025 · -20% margin
- EBITDA-₹18.9 Lakh
FY 2025 · -16% margin
- Total Equity Funding$378.17K (USD)
in 4 rounds
- InvestorsOmni Lens
& 35 more
Associated legal entities of Tarrakki
Tarrakki operates through Plutonomic Savtech Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Plutonomic Savtech Private Limited CIN U72900GJ2018PTC101542 | Active | 28 Mar 2018 | Ahmedabad, Gujarat | ₹1.1 Cr | 2 | View details |
Products & Services of Tarrakki
Tarrakki offers a comprehensive portfolio of products and services, including Mutual Funds API, Fixed Deposits API, and White Label Solution.
Enables integration for mutual fund investments and transactions.
Facilitates management of fixed deposit products and user journeys.
Offers customizable platforms for launching investment products.
Funding Insights of Tarrakki
Tarrakki has successfully raised a total of $378.17K across 4 strategic funding rounds. 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 $378,166
- Total Rounds 4
- First Round $137,129
(Nov 2020)
- Investors Count 36
All 4 funding rounds of Tarrakki with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2023 | Seed | – | IIMA Ventures | – | |
| Jun 2022 | $157,400 | Seed | $2.81M | Omni Lens, Alexander Zani | |
| Apr 2021 | $83,637 | Seed | $769,747 | Asit Oberoi, Kiran Shetty | |
| Nov 2020 | $137,129 | Angel Round | $••••• | Alexander Zani, Alexander Zani |
| Date | Valuation | Stage |
|---|---|---|
| Jun 2022 | $2.81M | •••••••• |
Last known valuation $2.81M (Jun 2022). 36 investors in total: 3 institutional and 33 angel.
Investors in Tarrakki
Tarrakki has secured backing from 36 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Omni Lens, IIMA Ventures and Asit Oberoi.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage tech startups are supported via venture capital and acceleration. | iimaventures.com | Ahmedabad, India | ||
Manufactures intraocular lenses, visco elastics, and ophthalmic solutions for eye surgery. | 1993 | omnilens.in | Ahmedabad, India | |
AO Asit Oberoi | unknown_69a9ecdeb6e54d3d8 | |||
VK Vijay Keshwani | unknown_f46f94dd15a54b688 | |||
MS Mitra Samirbhai Patel | unknown_96f8e244e81d4f339 | |||
RV Rajesh Vaswani | unknown_25d0bf2db6b94a50a | |||
SS Shraddha Shailesh Mehta | unknown_2210bf83972b4ad48 | |||
AK Aditya Khullar | Angel investor and entrepreneur, focused on tech startups in India. | unknown_6d0198feef1444e6a | ||
MA Maitreya Anilkant Shah | unknown_6d7e146eb19c41af9 |
Investor details for Tarrakki
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of Plutonomic Savtech Private Limited (Tarrakki)
Plutonomic Savtech Private Limited is the primary company behind Tarrakki. The board of Plutonomic Savtech Private Limited currently have 2 directors; the longest-serving is Saumya Maitreya Shah, appointed in 2018. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Saumya Maitreya Shah DIN 08097979 | Director | 28 Mar 2018 | 8 yrs 7 mo | Plutonomic Savtech Private Limited |
| Maitreya Anilkant Shah DIN 02208064 | Director | 28 Mar 2018 | 8 yrs 7 mo | Plutonomic Savtech Private Limited |
People of Tarrakki
7 people are tracked at Tarrakki (4 in leadership, 3 in team).
| Name | Role | Group |
|---|---|---|
Shaily Shah | Co-Founder | Leadership |
Atul Parmar | Co-Founder | Leadership |
| Co-Founder | Leadership | |
Chirag Patel | Founder & CEO - Everestek | Leadership |
Shyam Modha | Engineering | Team |
Anita Lasyal | Engineering | Team |
Ajay Somai | Operations | Team |
Complete people profiles for Tarrakki
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of Tarrakki
Figures of Plutonomic Savtech Private Limited, the primary company behind Tarrakki, for FY 2025. Revenue was ₹1.15 Cr (+8% year on year). Net loss was -₹23.1 Lakh (-20% margin). EBITDA was -₹18.9 Lakh (-16% margin). Revenue has grown at a compounded annual rate of +72% over three years and +399% over five years.
- ₹1.15 CrRevenue · FY 2025 · +8% YoY
- -₹23.1 LakhNet loss · -20% margin
- -₹18.9 LakhEBITDA · -16% margin
- ₹76.8 LakhPaid-up capital
- +72%Revenue CAGR, 3 years
- +399%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Plutonomic Savtech Private Limited are on its company page.
Detailed financial statements for Tarrakki
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of Tarrakki
4 dated milestones of Tarrakki across 5 years, from founding to its latest funding, stage changes and deals.
- Founded Tarrakki is founded.
- Funding First funding round of $137K.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Seed,.
Web traffic of Tarrakki
The website of Tarrakki (tarrakki.com) receives about 15.2K visits a month.
- Monthly visits15.2K
▲ 108.3% vs previous month
Websites whose visitors overlap most with Tarrakki. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
mfapi.in | mfapi.in | 100% | #1,343,830 | – | |
| fixerra.in | 95% | 1.9K | #6,449,573 | View details | |
| finvesto.in | 92% | 1.8K | #8,283,479 | View details | |
| tradefeeds.com | 87% | #2,387,382 | View details |
Top companies in Investment & Financial Technology
2 companies that operate in the same segment as Tarrakki (Investment & Financial Technology) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
App-based brokerage stock trading platform | 1996 | Mumbai, Maharashtra, India | USD 38.41 M | USD 549.14 M | 3,823 | |
Smart investment portfolios are offered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 121.05 M | USD 635.51 K | 231 |
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Related news about Tarrakki
Complete news archive for Tarrakki
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Frequently Asked Questions about Tarrakki
Tarrakki was founded in 2018 and raised its 1st funding round 2 years after it was founded.
Tarrakki is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.
Tarrakki is a funded company, having raised a total of $378.17K across 4 funding rounds to date. The company's 1st funding round was a Angel Round of $137.13K, raised on Nov 2020.
The primary company behind Tarrakki, Plutonomic Savtech Private Limited, reported revenue of ₹1.15 Cr for FY 2025, up 8% year on year.
Fintech platform that helps banks, fintech consumers with the infrastructure to launch investment products. It enables banks and financial services companies to launch highly scalable wealth management products on their platform through embedded infrastructure in the form of no-code low-code tools, SDKs, and APIs.
Tarrakki offers Mutual Funds API, Fixed Deposits API, and White Label Solution.
Tarrakki has 36 investors. Key investors include Omni Lens, IIMA Ventures, Asit Oberoi, Vijay Keshwani, and Mitra Samirbhai Patel.
The valuation of Tarrakki is $2.81M as of Jun 2022.
Tarrakki operates through Plutonomic Savtech Private Limited.
The legal entities of Tarrakki currently have 2 directors, including Saumya Maitreya Shah, Maitreya Anilkant Shah.