Tassets

Faridabad, India Founded: 2021 • Age: 5 yrs
Blockchain-based platform for asset tokenization
Annual revenue $15,481 Latest available
Total funding $2.7M 2 rounds
Employees 1 Tracked headcount
Investors 12 Known backers
Products - Services tracked
Competitors 9 Brand Intelligence

About Tassets

Tassets is a company based in Faridabad (India) founded in 2021 by Amit Mahajan, Dhruv Bajaj, and Harender Singh. Tassets has raised $2.66 million across 2 funding rounds from investors including Ruptok, India Accelerator and AW Technology. The company has 1 employees as of April 05, 2024. Tassets operates in a competitive market with competitors including INX, Securitize, Zoth, TOKENY and Fraction, among others.

  • Headquarter Faridabad, India
  • Employees 1 as on 05 Apr, 2024
  • Founders Amit Mahajan, Dhruv Bajaj, Harender Singh
  • Sectors
    Technology
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name True Assets Development Private Limited
  • Date of Incorporation 12 Feb, 2021
  • Jurisdiction Faridabad, Haryana, India
Operational Areas
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $15.48 K (USD)
    0
    as on Mar 31, 2023
  • Net Profit
    -$9.38 K (USD)
    -121.17
    as on Mar 31, 2023
  • EBITDA
    -$13.59 K (USD)
    -220.41
    as on Mar 31, 2023
  • Total Equity Funding
    $2.66 M (USD)

    in 2 rounds

  • Latest Funding Round
    $2.6 M (USD), Angel Round

    Apr 11, 2022

  • Investors
    Ruptok

    & 11 more

  • Employee Count
    1

    as on Apr 05, 2024

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Funding Insights of Tassets

Tassets has successfully raised a total of $2.66M across 2 strategic funding rounds. The most recent funding activity was a Angel Round of $2.6 million completed in April 2022. 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.

Investors in Tassets

Tassets has secured backing from 12 investors, including angel, venture fund, and institutional investors. Prominent investors backing the company include Ruptok, India Accelerator and AW Technology.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Startup acceleration, funding, and mentorship services are delivered by India Accelerator.
Locked Locked Locked
Doorstep gold loans are offered by the fintech platform.
Locked Locked Locked
Provider of fire detection, alarm & testing equipment designing and technical consulting services
Locked Locked Locked
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Investor details for Tassets

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  • Investor locations
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Investments & Acquisitions by Tassets

Investments
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Investment portfolio details for Tassets

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  • Transaction dates
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Financial Statements - Tassets

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Detailed financials for Tassets

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Tassets Comparisons

Tassets Primary company
Description
Blockchain-based platform for asset tokenization
Location
Faridabad, India
Founded Year
2021
Annual Revenue
$15.48 K (USD)
Net Profit
-$9.38 K (USD)
EBITDA
-$13.59 K (USD)
Employees
1
As of 2024
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Peer comparison for Tassets

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Competitors of Tassets

Tassets 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 INX, Securitize, Zoth, TOKENY and Fraction, among others.

Company Name Domain Founded year HQ Location Description
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Automated trading platform for cryptocurrencies and derivatives is operated.
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Blockchain-based platform for asset tokenization and investor management.
Locked Locked Locked
Blockchain-based platform for tokenized art and real estate assets
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Compliant platform for issuing and managing security tokens.
Locked Locked Locked
Fraction is established as a fractional ownership platform.
Locked Locked Locked
Assets are tokenized on blockchain for investor trading.
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Detailed competitors of Tassets

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Latest news on Tassets

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Complete news archive for Tassets

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Frequently Asked Questions about Tassets

Tassets was founded in 2021.

Tassets is headquartered in Faridabad, India. It is registered at Faridabad, Haryana, India.

Dhruv Bajaj is the current CEO of Tassets. They have also founded this company.

Tassets is a funded company, having raised a total of $2.66M across 2 funding rounds to date.

As of Apr 05, 2024, the latest employee count at Tassets is 1.

Annual revenue of Tassets is $15.48K as on Mar 31, 2023.

Tassets was founded in 2021 in Faridabad, India, as a blockchain-based platform focused on asset tokenization within the fintech sector. Operations center on enabling Deep Tier vendors to secure low-cost credit, leveraging the creditworthiness of Anchor entities via patented technology. Services facilitate secure tokenization processes, supporting asset management and financial access in the Indian market.

Tassets's top competitors include INX, Zoth and Securitize.

Tassets has 12 investors. Key investors include Ruptok, India Accelerator, AW Technology, Mona singh, and Harish Menon.

The valuation of Tassets is $731.75K as of Oct 2021.

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