TaxSpanner

Delhi, India Founded: 2007 • Age: 19 yrs Minicorn Acquired By ZikZuk
Online tax e-filing and ITR preparation services are offered securely.

About TaxSpanner

TaxSpanner is a Technology company based in Delhi (India) founded in 2007, and was acquired by ZikZuk in November 2022. Online tax e-filing and ITR preparation services are offered securely. 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. TaxSpanner was last valued at $3.25 million in November 2012. Its website taxspanner.com draws about 21 thousand monthly visits. Its Indian entity Span Across It Solutions Private Limited reported revenue of β‚Ή4.74 Cr. TaxSpanner offers products and services including ITR Filing, Tax Planning Tool, and GST Panel. Its focus areas include FinTech, Finance & Accounting Tech, Tech-Enabled Services and Tax Filing. Its competitors include Tax2win, 5 nce and myITreturn; 2 of its 3 listed competitors have raised funding.

Company details

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.

Key Metrics
  • Annual Revenue
    ₹4.74 Cr

    FY 2024 · +21% YoY

  • Net Loss
    -₹48.1 Lakh

    FY 2024 · -10% margin

  • EBITDA
    -₹42.3 Lakh

    FY 2024 · -9% margin

  • Total Equity Funding
    $1.25M (USD)

    in 2 rounds

  • Latest Funding Round
    $359.75K (USD), Seed

    Nov 2012

  • Investors
    ZikZuk

    & 12 more

  • Employee Count
    4
  • Acquired by
    ZikZuk

    (Nov 2022)

Products & Services of TaxSpanner

TaxSpanner offers a comprehensive portfolio of products and services, including ITR Filing, Tax Planning Tool, and GST Panel.

ITR Filing
Tax Service

Assisted platform for quick income tax return filing in India.

Tax Planning Tool
Financial Tool

Free calculator for optimizing tax savings and exemptions.

GST Panel
Compliance Service

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 $1.25M
  • Total Rounds 2
  • Last Round Seed β€” $359,750
  • First Round $891,608

    (Mar 2010)

  • Investors Count 12

All 2 funding rounds of TaxSpanner with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Nov 2012$359,750Seed$3.25MRehan Yar Khan, Hank Uberoi
Mar 2010$891,608Seed$2.22MRehan Yar Khan, Nitin Singhal
Valuation history
DateValuationStage
Nov 2012$3.25Mβ€’β€’β€’β€’β€’β€’β€’β€’
Mar 2010$2.22Mβ€’β€’β€’β€’β€’β€’β€’β€’

Last known valuation $3.25M (Nov 2012). 13 investors in total: 2 institutional and 11 angel.

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.

All
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Loan brokerage services are facilitated for clients in Singapore.
creditexcel.com.sgSingapore, Singapore

Rehan Yar Khan

Veteran angel investor, founder of Orios Venture Partners, early backer of unicorns
unknown_27626817c2ec4037a

Hank Uberoi

unknown_6560ab77397f4da98

Nitin Singhal

Angel investor, ex-entrepreneur, focused on early-stage Indian startups
unknown_19a63a5d579d47559

Jai Saboo

unknown_b5fec305925d4e58a

Sunil Kalra

Angel investor, mentor, and advisor to Indian startups across sectors.
unknown_8a9cbed773234ef78

Sadeesh Raghavan

Angel investor, ex-Amazon, focused on early-stage Indian startups
unknown_7636413675934e738

Ankur Sharma

Angel investor, tech entrepreneur, and advisor in Indian startup ecosystem.
unknown_7c9e0dd7de5349878

Sumit Grover

Angel investor, ex-entrepreneur, focused on early-stage Indian startups
unknown_4ce9dbaa169a4f1d9

Sudhir Kaushik

Co-founder of TaxSpanner, active angel investor in Indian startups
unknown_b5c55e0aa20042ed9
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Investor details for TaxSpanner

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

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  • Round participation
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Verified entity values are shown only after access is granted.

Board of directors of Span Across It Solutions Private Limited (TaxSpanner)

Span Across It Solutions Private Limited is the primary company behind TaxSpanner. The board of Span Across It Solutions Private Limited currently have 2 directors; the longest-serving is Sudhir Kaushik, appointed in 2008. 5 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Sudhir Kaushik
DIN 00810643
Director30 Jan 200818 yrs 8 moSpan Across It Solutions Private Limited
Manoj Kumar Yadav
DIN 02008659
Director30 Jan 200818 yrs 8 moSpan Across It Solutions Private Limited

Financials of TaxSpanner

Figures of Span Across It Solutions Private Limited, the primary company behind TaxSpanner, for FY 2024. Revenue was ₹4.74 Cr (+21% year on year). Net loss was -₹48.1 Lakh (-10% margin). EBITDA was -₹42.3 Lakh (-9% margin). Revenue has grown at a compounded annual rate of +15% over three years and +9% over five years.

  • ₹4.74 CrRevenue · FY 2024 · +21% YoY
  • -₹48.1 LakhNet loss · -10% margin
  • -₹42.3 LakhEBITDA · -9% margin
  • ₹2.00 CrPaid-up capital
  • 4Employees (provident fund records)
  • +15%Revenue CAGR, 3 years
  • +9%Revenue CAGR, 5 years

Balance sheet, profit and loss, cash flow and ratios of Span Across It Solutions Private Limited are on its company page.

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Detailed financial statements for TaxSpanner

Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.

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Verified entity values are shown only after access is granted.

Timeline of TaxSpanner

5 dated milestones of TaxSpanner across 15 years, from founding to its latest funding, stage changes and deals.

  1. Founded TaxSpanner is founded.
  2. Funding First funding round of $892K.
  3. Milestone Reaches Minicorn status.
  4. Funding Latest funding round, Seed, of $360K.
  5. Exit Acquired by ZikZuk.

Competitors of TaxSpanner

TaxSpanner has 3 listed competitors in our database, 2 of them funded. They include Tax2win, 5 nce and myITreturn.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
tax2win.in2015Jaipur, India$1.61M451
Online platform for income tax returns filing
5nance.com2010Mumbai, India$6.28M13
AI-powered investment and financial advisory services are provided.
myitreturn.com2008Mumbai, India
eTDS and tax filing solutions are provided online to enterprises.
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Detailed competitors of TaxSpanner

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Verified entity values are shown only after access is granted.

Web traffic of TaxSpanner

The website of TaxSpanner (taxspanner.com) receives about 20.5K visits a month and ranks #1,609,948 among all websites worldwide, #3,886 in Accounting and Auditing.

  • Monthly visits
    20.5K

    ▲ 26.9% vs previous month

  • Unique visitors
    7.3K

    per month

  • Global rank
    #1,609,948

    among all websites

  • Category rank
    #3,886

    Finance · Accounting and Auditing

Similar websites

Websites whose visitors overlap most with TaxSpanner. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
cleartax.in
cleartax.in
100%
#6,074–
taxsmile.com
89%
1.1K#14,060,791View details
myitreturn.com
87%
48.2K#490,756View details
easyitfiling.com
83%
View details
taxbuddy.com
80%
108.1K#350,313View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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All 40 similar websites and full traffic analytics for TaxSpanner

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Verified entity values are shown only after access is granted.

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Related news about Taxspanner

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Complete news archive for TaxSpanner

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Frequently Asked Questions about TaxSpanner

TaxSpanner was founded in 2007 and raised its 1st funding round 3 years after it was founded.

TaxSpanner is headquartered in Delhi, India. It is registered at Delhi, Delhi, India.

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 2010.

TaxSpanner has 4 employees.

The primary company behind TaxSpanner, Span Across It Solutions Private Limited, reported revenue of β‚Ή4.74 Cr for FY 2024, up 21% year on year.

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.

TaxSpanner's top competitors include Tax2win, 5 nce and myITreturn.

TaxSpanner offers ITR Filing, Tax Planning Tool, and GST Panel.

TaxSpanner has 13 investors. Key investors include ZikZuk, Rehan Yar Khan, Hank Uberoi, Nitin Singhal, and Jai Saboo.

The valuation of TaxSpanner is $3.25M as of Nov 2012.

TaxSpanner operates through Span Across It Solutions Private Limited.

Yes. TaxSpanner was acquired by ZikZuk in November 2022.

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