TaskBucks

Gurugram, India Founded: 2014 • Age: 12 yrs Acquired By Times Internet
Micro jobs are completed via mobile app for redeemable rewards.
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About TaskBucks

TaskBucks is a company based in Gurugram (India) founded in 2014 by Kumar Apurva was acquired by Times Internet in November 2015.. TaskBucks has raised $1.8 million across 1 funding round from investors including Times Internet and TIMES Celebex. The company has 9 employees as of April 06, 2024. TaskBucks offers products and services including TaskBucks App. TaskBucks operates in a competitive market with competitors including appKarma, Perk, Hold, Bituro and FeaturePoints, among others.

  • Headquarter Gurugram, India
  • Employees 9 as on 06 Apr, 2024
  • Founders Kumar Apurva
  • Stage Minicorn
  • Sectors
    Technology
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Digismart Digital Media Private Limited
  • Date of Incorporation 16 Oct, 2014
  • Jurisdiction Gurgaon, Haryana, India
Operational Areas
Technology → Internet of Things (IoT) & Connectivity
Key Metrics
  • Annual Revenue
    $781.83 K (USD)
    -35.86
    as on Mar 31, 2022
  • Net Profit
    $-733.72 K (USD)
    -155.08
    as on Mar 31, 2022
  • EBITDA
    $-609.32 K (USD)
    -223.94
    as on Mar 31, 2022
  • Total Equity Funding
    $1.8 M (USD)

    in 1 rounds

  • Latest Funding Round
    $1.8 M (USD), Series A

    Aug 11, 2015

  • Investors
  • Employee Count
    9

    as on Apr 06, 2024

  • Acquired by
    Times Internet

    (Nov 16, 2015)

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Products & Services of TaskBucks

TaskBucks offers a comprehensive portfolio of products and services, including TaskBucks App. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

App for earning rewards by trying products and offers.

Funding Insights of TaskBucks

TaskBucks has successfully raised a total of $1.8M through 1 strategic funding round. The most recent funding activity was a Series A round of $1.8 million completed in August 2015. 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 Rounds 1
  • Last Round Series A — $1.8M
  • First Round

    (11 Aug 2015)

  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Aug, 2015 Amount Series A - TaskBucks Valuation TIMES Celebex
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in TaskBucks

TaskBucks has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Times Internet and TIMES Celebex. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Provider of digital content, advertising solutions, and technology services
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by TaskBucks

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - TaskBucks

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Taskbucks Comparisons

Employees
+
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Competitors of TaskBucks

TaskBucks 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 appKarma, Perk, Hold, Bituro and FeaturePoints, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Earn rewards by installing apps and completing offers on mobile devices.
domain founded_year HQ Location
Mobile based customer rewards program through gift cards
domain founded_year HQ Location
Mobile app for rewards/discounts
domain founded_year HQ Location
An app that rewards users for completing tasks, enhancing engagement through incentives.
domain founded_year HQ Location
Earn cash by completing offers like games and surveys on a rewards app.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Taskbucks

Frequently Asked Questions about TaskBucks

When was TaskBucks founded?

TaskBucks was founded in 2014 and raised its 1st funding round 1 year after it was founded.

Where is TaskBucks located?

TaskBucks is headquartered in Gurugram, India. It is registered at Gurugram, Haryana, India.

Who is the current CEO of TaskBucks?

Kumar Apurva is the current CEO of TaskBucks. They have also founded this company.

Is TaskBucks a funded company?

TaskBucks is a funded company, having raised a total of $1.8M across 1 funding round to date. The company's 1st funding round was a Series A of $1.8M, raised on Aug 11, 2015.

How many employees does TaskBucks have?

As of Apr 06, 2024, the latest employee count at TaskBucks is 9.

What is the annual revenue of TaskBucks?

Annual revenue of TaskBucks is $781.83K as on Mar 31, 2022.

What does TaskBucks do?

TaskBucks was founded in 2014 in Gurugram, India, within the mobile rewards sector. A platform is operated through a mobile app where users complete micro jobs, such as app installations, to earn credits redeemable for cash or mobile recharge. Businesses upload digital and physical tasks, with payments processed upon user completion and review. Referrals are facilitated for additional free mobile recharge.

Who are the top competitors of TaskBucks?

TaskBucks's top competitors include Perk, Hold and appKarma.

What products or services does TaskBucks offer?

TaskBucks offers TaskBucks App.

Who are TaskBucks's investors?

TaskBucks has 2 investors. Key investors include Times Internet, and TIMES Celebex.

What is TaskBucks's valuation?

The valuation of TaskBucks is $4.15M as of Aug 2015.

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