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TaxSpanner - About the company

TaxSpanner is an acquired company based in Delhi (India), founded in 2007 by Sumit Grover, Manoj Yadav, Ankur Sharma and Gora Mohanty. It operates as a Tax e-filing services with no cross-selling of information. TaxSpanner has raised $1.25M in funding, with last known valuation of $*****. The company has 421 active competitors, including 31 funded and 15 that have exited. Its top competitors include companies like Clear, ClearTax and Taxfix.

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.
Social
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Registered Address
404, 4TH FLOOR, 18/12 W.E.A. ARYA SAMAJ ROAD, KAROL BAGH, Central Delhi, NEW DELHI, Delhi, India, 110005
Key Metrics
Founded Year
2007
Location
Delhi, India
Stage
Acquired
Total Funding
$1.25M in 2 rounds
Latest Funding Round
Last Known Valuation
$***** as on Nov 27, 2012
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2024
Employee Count
19 as on Aug 31, 2025
Similar Companies
Exit Details
Acquired by Zaggle (Sep 26, 2024)

TaxSpanner's acquisition details

TaxSpanner got acquired by Zaggle on Sep 26, 2024 at an acquisition amount of $*****.
Click here to take a look at TaxSpanner's acquisition in detail
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TaxSpanner's funding and investors

TaxSpanner has raised a total funding of $1.25M over 2 rounds. Its first funding round was on Mar 10, 2010. Its latest funding round was a Seed round on Nov 27, 2012 for $*****. 10 investors participated in its latest round. TaxSpanner has 4 institutional investors and 12 angel investors.

Here is the list of recent funding rounds of TaxSpanner:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Nov 27, 2012
6711585
Seed
8742895
2517469
1682574
1658374
Mar 10, 2010
2226850
Seed
2188650
5760235
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TaxSpanner's founders and board of directors

Founder? Claim Profile
The founders of TaxSpanner are Sumit Grover, Manoj Yadav, Ankur Sharma and Gora Mohanty.
Here are the details of TaxSpanner's key team members:

TaxSpanner's employee count trend

TaxSpanner has 19 employees as of Aug 25. The total employee count is 280.0% more than what it was in Aug 24. Here is TaxSpanner's employee count trend over the years:
Employee count trend for TaxSpanner
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TaxSpanner's Competitors and alternates

Top competitors of TaxSpanner include Clear, ClearTax and Taxfix. Here is the list of Top 10 competitors of TaxSpanner, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Clear
Clear
2011, Bengaluru (India), Series C
Provider of software for tax compliance and financial process automation
$146M
71/100
2nd
Logo for ClearTax
ClearTax
2011, Bengaluru (India), Unfunded
AI-powered platform offering income tax filing, GST compliance, invoicing, tax planning, and financial solutions
-
-
68/100
3rd
Logo for Taxfix
Taxfix
2016, Berlin (Germany), Series D
Provider of application for completing and submitting tax returns
$330M
64/100
4th
Logo for Ownwell
Ownwell
2020, Austin (United States), Series B
Property tax saving & management solutions for individuals and businesses
$74M
62/100
5th
Logo for Prosperr
Prosperr
2022, Bengaluru (India), Seed
Provider of tax compliance, planning, and income tax preparation services
$6.5M
62/100
6th
Logo for JJ Tax
JJ Tax
2019, Gurugram (India), Seed
Provider of an app-based platform for taxation services
$1.52M
61/100
7th
Logo for Thriday
Thriday
2019, Melbourne (Australia), Acquired
Provider of banking, invoicing, accounting, and tax management platform
$9M
59/100
8th
Logo for Taxfyle
Taxfyle
2015, Miami (United States), Series B
Online tax filing services for individuals and businesses
$35M
56/100
9th
Logo for Mükellef
Mükellef
2019, Istanbul (Turkey), Seed
Provider of company formation, online accounting, and tax management services
$1M
54/100
10th
Logo for TaxSpanner
TaxSpanner
2007, Delhi (India), Acquired
Tax e-filing services with no cross-selling of information
$1.25M
52/100
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TaxSpanner's Latest cap tables and shareholding

Founders (largest shareholder) own 60.00% and Angels own 38.60%. The net worth of TaxSpanner's founders is INR 10.8Cr as of Nov 27, 2012.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
60.00%
10.8Cr
6467670
5960642
3933445
8639157
2029377
3790605
7017633
7132101
7782521
7166530
5026085
8910711
6284044
3555422
1807214
9686098
2565346
7062563
4191909
7622558
8665345
9670386
Angel
38.60%
6.96Cr
4067756
6137238
9909363
8020614
0
0
0
0
0
0
0
0
0
0
0
0
Total
98.60%
17.8Cr
7700614
2060124
6363407
9144003
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of TaxSpanner's Shareholding

TaxSpanner's Investments and acquisitions

TaxSpanner has made no investments or acquisitions yet.

Reports related to TaxSpanner

Here is the latest report on TaxSpanner's sector:

News related to TaxSpanner

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