About ToneTag
ToneTag is a company based in Bengaluru (India) founded in 2014 by Kumar Abhishek and Vivek Singh. ToneTag has raised $19.43 million across 10 funding rounds from investors including Amazon, Mastercard and Reliance Capital. The company has 97 employees as of May 31, 2025. ToneTag offers products and services including RetailPod, Voice Commerce, and DynamicPod. ToneTag operates in a competitive market with competitors including Soundpays, Sonarax, MySonicWallet, Poppay and AcousticPay, among others.
- Headquarter Bengaluru, India
- Employees 97 as on 31 May, 2025
- Founders Kumar Abhishek, Vivek Singh
- Stage Minicorn
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Sectors
Financial Services
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Email
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Phone
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Website
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Social
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Annual Revenue
$5.78 M (USD)103as on Mar 31, 2024
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Net Profit
$2.52 M (USD)430as on Mar 31, 2024
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EBITDA
$3.12 M (USD)582as on Mar 31, 2024
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Total Equity Funding
$19.43 M (USD)
in 10 rounds
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Latest Funding Round
$5 M (USD), Series B
Feb 18, 2026
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Investors
Amazon
& 24 more
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Employee Count
97
as on May 31, 2025
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Products & Services of ToneTag
ToneTag offers a comprehensive portfolio of products and services, including RetailPod, Voice Commerce, and DynamicPod.
Device for smart store solutions and in-store payments.
Platform for voice-based online and in-store transactions.
Tool for proximity payments and business interactions.
People of ToneTag
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Funding Insights of ToneTag
ToneTag has successfully raised a total of $19.43M across 10 strategic funding rounds. The most recent funding activity was a Series B round of $5 million completed in February 2026. 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 ToneTag
ToneTag has secured backing from 25 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Amazon, Mastercard and Reliance Capital.
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Growth capital provision and investment services for tech entrepreneurs across multiple locations.
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Early stage centric tech and energy focused micro-VC investing in geographies such as the US, India and Europe
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Venture capital investments in technology sectors like SaaS and Fintech in India.
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Investor details for ToneTag
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Investments & Acquisitions by ToneTag
Investment portfolio details for ToneTag
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Financial Statements - ToneTag
Detailed financials for ToneTag
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Tonetag Comparisons
Peer comparison for ToneTag
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Competitors of ToneTag
ToneTag 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 Soundpays, Sonarax, MySonicWallet, Poppay and AcousticPay, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Payments are enabled via sound waves through a mobile app.
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Offers ultrasonic sound-based authentication technology for secure applications.
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Functions as a mobile wallet utilizing ultrasonic wave technology for transactions.
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Provides sound-based solutions for secure offline payments.
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Offers an AI-driven audio-based payment system for secure business transactions.
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Detailed competitors of ToneTag
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Latest news on Tonetag
Complete news archive for ToneTag
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Frequently Asked Questions about ToneTag
ToneTag was founded in 2014.
ToneTag is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
ToneTag is a funded company, having raised a total of $19.43M across 10 funding rounds to date.
As of May 31, 2025, the latest employee count at ToneTag is 97.
Annual revenue of ToneTag is $5.78M as on Mar 31, 2024.
ToneTag was established in 2014 in Bengaluru, India, as a provider of soundwave-based platforms in the fintech sector. Hardware and software solutions are offered for merchants and customers, enabling online and in-store payments, digital billing, and smart payment systems. Operations focus on retail, food and beverage, and banking industries, with features for voice-based commerce, online store discovery, and marketing. Payment systems are modernized through sound technology across these sectors.
ToneTag's top competitors include Soundpays, Sonarax and MySonicWallet.
ToneTag offers RetailPod, Voice Commerce, and DynamicPod.
ToneTag has 25 investors. Key investors include Amazon, Mastercard, Reliance Capital, Aditya Birla, and 3one4 Capital.
The valuation of ToneTag is $97.13M as of Nov 2023.