About Tavaga
Tavaga is a Technology company based in Mumbai (India) founded in 2015 by Nitin Mathur and Ravinath Dasika. Goal-based investment advisory and automated savings services are provided. Tavaga has raised $161.6 thousand across 1 funding round from investors including Tracxn Labs, Ashish Goenka and Vijaya Dasika. Tavaga was last valued at $1.54 million in October 2015. Its chief executive, as recorded, is Nitin Mathur. Its focus areas include FinTech, Investment Tech, Wealth Management Platforms and Robo Advisors. Its legal entity in India is Tavaga Advisory Services Private Limited (U74999MH2017PTC300859). Its competitors include Orowealth, FundExpert and 5 nce; 3 of its 3 listed competitors have raised funding.
Company details
Tavaga was founded in 2015 in Mumbai, India, as a provider of goal-based investment advisory and automated savings services. Retail investors are supported through technology, processes, advice, and expertise in the financial sector. Comprehensive savings and investment strategies are utilized to help individuals meet financial objectives. Operations focus on simplifying investment procedures while delivering personalized financial planning across India.
- Headquarters Mumbai, India
- Founders Nitin Mathur, Ravinath Dasika
- Stage Minicorn
- SectorsTechnology
- Email••••••••
- Website tavaga.com
- Social LinkedIn X Facebook Instagram
- Legal Name Tavaga Advisory Services Private Limited
- Date of Incorporation 16 Oct, 2017
- Jurisdiction Mumbai, Maharashtra, India
- Net Loss-₹13.7 Lakh
FY 2025 · -304326% margin
- EBITDA-₹13.4 Lakh
FY 2025 · -296941% margin
- Total Equity Funding$161.6K (USD)
in 1 rounds
- Latest Funding Round$161.6K (USD), Seed
Oct 2015
- InvestorsTracxn Labs
& 8 more
Associated legal entities of Tavaga
Tavaga is associated with 2 registered companies on The Company Check; the primary company is Tavaga Advisory Services Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Tavaga Advisory Services Private Limited CIN U74999MH2017PTC300859 | Active | 16 Oct 2017 | Mumbai, Maharashtra | ₹0.0 Cr | 2 | View details | |
| Zikhin Technologies Private Limited CIN U72300MH2015PTC266971 | Active | 29 Jul 2015 | Thane, Maharashtra | 2 | View details |
Funding Insights of Tavaga
Tavaga has successfully raised a total of $161.6K through 1 strategic funding round. The most recent funding activity was a Seed round of $161.6 thousand completed in October 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 $161,596
- Total Rounds 1
- Last Round Seed — $161,596
- First Round $161,596
(Oct 2015)
- Investors Count 9
All 1 funding rounds of Tavaga 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 |
|---|---|---|---|---|---|
| Oct 2015 | $161,596 | Seed | $1.54M | Ashish Goenka, Tracxn Labs |
| Date | Valuation | Stage |
|---|---|---|
| Oct 2015 | $1.54M | •••••••• |
Last known valuation $1.54M (Oct 2015). 9 investors in total: 1 institutional and 8 angel.
Investors in Tavaga
Tavaga has secured backing from 9 investors, including angel and venture fund investors. Prominent investors backing the company include Tracxn Labs, Ashish Goenka and Vijaya Dasika.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage investment and support for technology companies. | 2013 | tracxnlabs.com | Bengaluru, India | |
AG Ashish Goenka | unknown_1f4f11fd3ffd431bb | |||
VD Vijaya Dasika | unknown_d161fd56e15742d89 | |||
LR Lalitha Rao | unknown_80078b8fcd9043208 | |||
PD Pradeep Dhavale | unknown_ac665071766045469 | |||
US Utsav Somani | Angel investor, ex-Adyen, focused on Indian startups, active mentor | unknown_cef39935a4d54601a | ||
MM M Muthurama Udayar | unknown_47376122943348d29 | |||
AM Abhishek Modi | unknown_f249c855d3d94d8b9 | |||
DR Devesh Rathi | unknown_a205c51f6072429ab |
Investor details for Tavaga
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Verified entity values are shown only after access is granted.
Board of directors of Tavaga Advisory Services Private Limited (Tavaga)
Tavaga Advisory Services Private Limited is the primary company behind Tavaga. The boards of the 2 registered companies of Tavaga currently have 2 directors; the longest-serving is Nitin Mathur, appointed in 2017. 2 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Nitin Mathur DIN 07874458 | Director | 16 Oct 2017 | 9 yrs | Tavaga Advisory Services Private Limited, Zikhin Technologies Private Limited |
| Poonam Parik DIN 07874455 | Director | 16 Oct 2017 | 9 yrs | Tavaga Advisory Services Private Limited, Zikhin Technologies Private Limited |
People of Tavaga
3 people are tracked at Tavaga (3 in leadership).
| Name | Role | Group |
|---|---|---|
| Co-Founder & CEO | Leadership | |
| Director | Leadership | |
| Co-Founder | Leadership |
Complete people profiles for Tavaga
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Verified entity values are shown only after access is granted.
Financials of Tavaga
Figures of Tavaga Advisory Services Private Limited, the primary company behind Tavaga, for FY 2025. Net loss was -₹13.7 Lakh (-304326% margin). EBITDA was -₹13.4 Lakh (-296941% margin). Revenue has grown at a compounded annual rate of -92% over three years and -65% over five years.
- -₹13.7 LakhNet loss · -304326% margin
- -₹13.4 LakhEBITDA · -296941% margin
- ₹1 LakhPaid-up capital
- -92%Revenue CAGR, 3 years
- -65%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Tavaga Advisory Services Private Limited are on its company page.
Detailed financial statements for Tavaga
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Tavaga
3 dated milestones of Tavaga, from founding to its latest funding, stage changes and deals.
- Founded Tavaga is founded.
- Funding First funding round of $162K.
- Milestone Reaches Minicorn status.
Competitors of Tavaga
Tavaga has 3 listed competitors in our database, 3 of them funded. They include Orowealth, FundExpert and 5 nce.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| orowealth.com | 2015 | Mumbai, India | $2M | 42 | Platform for alternative asset and mutual fund investments is provided. | |
| fundexpert.in | 2016 | Bengaluru, India | $88,816 | 4,379 | Automated mutual fund investing platform | |
| 5nance.com | 2010 | Mumbai, India | $6.28M | 13 | AI-powered investment and financial advisory services are provided. |
Detailed competitors of Tavaga
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Web traffic of Tavaga
The website of Tavaga (tavaga.com) receives about 2.7K visits a month.
- Monthly visits2.7K
▼ 67.3% vs previous month
Websites whose visitors overlap most with Tavaga. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| tradesmartonline.in | 100% | 155.8K | #216,913 | View details | |
anandsrinivasan.in | anandsrinivasan.in | 99% | #1,334,978 | – | |
| fisdom.com | 86% | 55.1K | #551,901 | View details | |
| personalfn.com | 82% | 75.2K | #517,107 | View details | |
| getmoneyrich.com | 82% | #1,198,452 | View details | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 17 similar websites and full traffic analytics for Tavaga
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- 17 similar websites
- Audience overlap
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Top companies in Investment & Financial Technology
2 companies that operate in the same segment as Tavaga (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 548.9 M | 3,830 | |
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 Tavaga
Complete news archive for Tavaga
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Frequently Asked Questions about Tavaga
Tavaga was founded in 2015.
Tavaga is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Nitin Mathur is the CEO of Tavaga, as recorded in our data. They have also founded this company.
Tavaga is a funded company, having raised a total of $161.6K across 1 funding round to date. The company's 1st funding round was a Seed of $161.6K, raised on Oct 2015.
Tavaga was founded in 2015 in Mumbai, India, as a provider of goal-based investment advisory and automated savings services. Retail investors are supported through technology, processes, advice, and expertise in the financial sector. Comprehensive savings and investment strategies are utilized to help individuals meet financial objectives. Operations focus on simplifying investment procedures while delivering personalized financial planning across India.
Tavaga's top competitors include FundExpert, Orowealth and 5 nce.
Tavaga has 9 investors. Key investors include Tracxn Labs, Ashish Goenka, Vijaya Dasika, Lalitha Rao, and Pradeep Dhavale.
The valuation of Tavaga is $1.54M as of Oct 2015.
Tavaga is associated with 2 legal entities: Tavaga Advisory Services Private Limited, Zikhin Technologies Private Limited.
The legal entities of Tavaga currently have 2 directors, including Nitin Mathur, Poonam Parik.