back Back

Mumbai FinTech TaxBuddy.com secures $1mn from Zenith Global

By Megha Bhattacharya

December 24, 2020

  • India
  • Taxbuddy.Com
Share

Mumbai-based FinTech startup TaxBuddy.com has secured $1 million in early-stage funding from UAE-based fund Zenith Global. The funds raised will be used to boost market outreach for the company’s products and enhance its customer experience.

Sujit Bangar, Founder of the Indian FinTech TaxBuddy.com, said, “This has been possible because of the optimum use of technology for services to clients. For us, the client comes first, and we fit technology to the needs of the clients — what we call ‘human technology.’ Perhaps, TaxBuddy is the first in India to automate tax planning and notice management.”

“Tax compliance and advisory services are distinct from other fintech services. The user needs to feel confident and trust that his compliance is in safe hands. Our people build that trust and the technology help us reach out to customers and expand the user base with zero concession on efficiency,” Sujit added.

TaxBuddy.com is an Indian online tax adviser that offers for first-time, subscription-based plans of tax advisory. It provides filing services for income-tax and GST, tax-saving advisory and even ‘tax notice management services.

Rushabh Shah, CFO, Fund Zenith Global, said, “TaxBuddy is leveraging technology for automating tax advisory, which is way beyond tax return filing. Therefore, TaxBuddy is well-positioned to lead digital tax advisory space, and this makes them confident about the way forward.”

Previous Article

December 24, 2020

YAYZY rolls out new iOS app to track carbon emissions of spendings

Read More
Next Article

December 24, 2020

4 FinTech companies disrupting the financial space in Argentina

Read More







Advertise with us



IBSi Daily News Analysis

Monday

June 27, 2022

India

The Monday Roundup: what we are watching this week | June 27th

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

June 27, 2022

DigiDoe, a UK-based FinTech launches operations in Qatar

Read More

June 27, 2022

Credibly announces the acquisition of ProApprove

Read More

June 27, 2022

Norma, a Turkish Neobank for freelancers and SMBs launches its platform

Read More

Related Reports

Sales League Table Report 2022

£ 1,500.00 / year

Know More
Global Digital Banking Vendor and Landscape Report Q1 2022

£ 1,500.00 / year

Know More
Wealth Management & Private Banking Systems Report Q1 2022

£ 1,500.00 / year

Know More
Global Transaction Banking Vendors and Landscape Report Q1 2022

£ 1,500.00 / year

Know More
Treasury and Capital Markets Systems Report 2021

£ 1,500.00 / year

Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2022