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ToneTag

634

Contactless payments on any phone

Digital Payments & UPI
Payment Technology
Active

Founded

2014

Team Size

200

Total Funding

₹150 Cr

Valuation

₹500 Cr

About

Proximity payment technology using sound or NFC.

Company IntelligenceAI-enriched

ToneTag is an active fintech startup specializing in digital payments, but lacks detailed industry classification and a descriptive overview.

Business Model

B2B|B2C

Revenue Model

Transactional

Team Size

~200 people

Growth Trend

accelerating

TAM (India)

₹3,000 Cr

Recent Signals

Unique Selling Proposition

Core Differentiator

Innovative proximity payment technology utilizing sound and NFC.

Target Market

Retailers and consumers in urban areas.

Key Innovation

Utilization of sound waves for secure transactions.

Competitive Moats
📜Patents/IP
Medium

Protected technology for sound-based payment solutions.

Funding Snapshot
Free preview

₹150 Cr

Total Raised

1

Round

Total Raised

Latest · 2024

Backed by

Amazon
Reliance

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Full Funding History

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Funding History

Total Raised

2024

₹150 Cr

Lead: Amazon

Investors

Amazon
Reliance
Details

Location

Bengaluru, Karnataka

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Financial Metrics

Funding Rounds

1

VedAI Score
634/1000
Developing

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