About TaxSpanner
TaxSpanner is a company based in Delhi (India) founded in 2007 was acquired by ZikZuk in November 2022.. TaxSpanner has raised $1.25 million across 2 funding rounds from investors including ZikZuk, Rehan Yar Khan and Hank Uberoi. The company has 4 employees as of April 05, 2024. TaxSpanner offers products and services including ITR Filing, Tax Planning Tool, and GST Panel. TaxSpanner operates in a competitive market with competitors including Tax2win, 5 nce, myITreturn, My Tax India and Fintoo, among others.
- Headquarter Delhi, India
- Employees 4 as on 05 Apr, 2024
- Stage Minicorn
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Sectors
Technology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Span Across It Solutions Private Limited
- Date of Incorporation 02 Feb, 2007
- Jurisdiction New Delhi, Delhi, India
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Annual Revenue
$469.6 K (USD)27.14as on Mar 31, 2023
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Net Profit
$989.38 (USD)119.02as on Mar 31, 2023
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EBITDA
$47.87 K (USD)71.01as on Mar 31, 2023
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Total Equity Funding
$1.25 M (USD)
in 2 rounds
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Latest Funding Round
$359.75 K (USD), Seed
Nov 27, 2012
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Investors
ZikZuk
& 12 more
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Employee Count
4
as on Apr 05, 2024
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Acquired by
ZikZuk
(Nov 09, 2022)
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Products & Services of TaxSpanner
TaxSpanner offers a comprehensive portfolio of products and services, including ITR Filing, Tax Planning Tool, and GST Panel. 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.
Assisted platform for quick income tax return filing in India.
Free calculator for optimizing tax savings and exemptions.
Online tool for managing GST returns and tax compliance.
Funding Insights of TaxSpanner
TaxSpanner has successfully raised a total of $1.25M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $359.75 thousand completed in November 2012. 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 Funding
- Total Rounds 2
- Last Round Seed — $359,750
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First Round
First Round
(10 Mar 2010)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2012 | Amount | Seed - TaxSpanner | Valuation | Rehan Yar Khan , Hank Uberoi | |
| Mar, 2010 | Amount | Seed - TaxSpanner | Valuation | Rehan Yar Khan , Nitin Singhal |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in TaxSpanner
TaxSpanner has secured backing from 13 investors, including angel and institutional investors. Prominent investors backing the company include ZikZuk, Rehan Yar Khan and Hank Uberoi. 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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Loan brokerage services are facilitated for clients in Singapore.
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Founded Year | Domain | Location | |
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RY
Rehan Yar Khan |
Veteran angel investor, founder of Orios Venture Partners, early backer of unicorns
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Founded Year | Domain | Location |
|
HU
Hank Uberoi |
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by TaxSpanner
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - TaxSpanner
| 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 |
Taxspanner Comparisons
Competitors of TaxSpanner
TaxSpanner 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 Tax2win, 5 nce, myITreturn, My Tax India and Fintoo, 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 |
Online platform for income tax returns filing
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| domain | founded_year | HQ Location |
AI-powered investment and financial advisory services are provided.
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| domain | founded_year | HQ Location |
eTDS and tax filing solutions are provided online to enterprises.
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| domain | founded_year | HQ Location |
Tax planning and calculation app
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| domain | founded_year | HQ Location |
Online financial planning and investment advisory platform is provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about TaxSpanner
When was TaxSpanner founded?
TaxSpanner was founded in 2007 and raised its 1st funding round 3 years after it was founded.
Where is TaxSpanner located?
TaxSpanner is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.
Is TaxSpanner a funded company?
TaxSpanner is a funded company, having raised a total of $1.25M across 2 funding rounds to date. The company's 1st funding round was a Seed of $891.61K, raised on Mar 10, 2010.
How many employees does TaxSpanner have?
As of Apr 05, 2024, the latest employee count at TaxSpanner is 4.
What is the annual revenue of TaxSpanner?
Annual revenue of TaxSpanner is $469.6K as on Mar 31, 2023.
What does TaxSpanner do?
TaxSpanner, a part of Span Across IT Solutions, is an Income Tax department authorized e-return intermediary that offers online preparation and filing of individual Income Tax Returns (ITR). Tax e-filing services start from Rs. 500 and also offers tax planning services from expert tax practitioners. TaxSpanner claims not to engage in cross-selling after obtaining client information and thus values strict data privacy and confidentiality. Investors include Splice Capital and Indian Angel Network.
Who are the top competitors of TaxSpanner?
TaxSpanner's top competitors include Tax2win, 5 nce and My Tax India.
What products or services does TaxSpanner offer?
TaxSpanner offers ITR Filing, Tax Planning Tool, and GST Panel.
Who are TaxSpanner's investors?
TaxSpanner has 13 investors. Key investors include ZikZuk, Rehan Yar Khan, Hank Uberoi, Nitin Singhal, and Jai Saboo.
What is TaxSpanner's valuation?
The valuation of TaxSpanner is $3.25M as of Nov 2012.
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