Funding · AI & Deep Tech
Tagbin raises $10 million in funding round
By Startup Enthusiast ·
- Date
- Company
- Tagbin
- What it does
- Holographic and AI technology firm
- Kind
- Funding
- Amount
- $10 Mn
- Stage
- Series A
- Founded
- 2013
- Sector
- AI & Deep Tech
What they do
Tagbin builds immersive holographic experiences and AI workflow software for enterprises
What happened
SageOne led the $10 Mn round to support growth of its Workly platform and tech
Why it matters
The company targets an IPO in 2027 after serving major global brands and government projects
The details
- Tagbin raised $10 Mn in a funding round led by SageOne Flagship Growth OE Fund.
- Kurl-on Group co-invested in the round alongside a host of angel investors.
- The company was incorporated in 2013 and focuses on immersive holographic and spatial computing technologies.
- Founders Saurav Bhaik, Abhishek Negi, and Ankit Sinha are all IIT Roorkee alumni.
- Tagbin plans to go public via an IPO targeted for 2027.
- The market context shows over 150 native AI startups in India have raised more than $1.5 Bn since 2020.
- Competitors include CSDirekt, Pan Intellecom, and Moving Pixels.
The bigger picture
- The funding supports Tagbin's expansion into new geographic markets like the Middle East and Far East.
- Investors are backing a company with proven enterprise clients and government project experience.
- The round highlights continued investor interest in Indian deep tech and AI infrastructure companies.
About the business
- Tagbin offers Workly, an AI-SaaS platform for task management and enterprise communication.
- Workly was developed from a NITI Aayog project in 2022 and commercialized later.
- The platform serves 25 enterprises at a subscription price of approximately $8 per user.
- Creative technology products include the Teleportation Bus, AI Holobox, and Directional Speakers.
- Key government projects include the Pradhanmantri Sangrahalaya and State War Museum.
- Notable campaigns feature a virtual statue of Netaji Subhash Chandra Bose at India Gate.
- Enterprise clients include Adidas, Microsoft, Toyota, and Mercedes Benz.
- Tagbin maintains in-house control over research, content curation, and hardware integration.
- The company has expanded its traction to Dubai, Saudi Arabia, Singapore, and other regions.
What happens next
- Tagbin targets an IPO in 2027.
- The company aims to expand its presence in the Middle East and Far East markets.
The deal
- Type
- funding
Investors
- SageOne Flagship Growth OE Fund (lead) — Lead investor in the $10 Mn funding round.
- Kurl-on Group (co-lead) — Co-investor in the funding round.
Founders
- Saurav Bhaik, Co-founder
- Abhishek Negi, Co-founder
- Ankit Sinha, Co-founder
About Tagbin
- Product
- AI design firm
- Customers
- Government departments, public institutions, smart cities, and private enterprise brands
- How it makes money
- Charges project fees for experiential installations and subscription fees for enterprise AI-SaaS platform
- What sets it apart
- Proven track record delivering large-scale national public installations integrating AR, VR, AI, and robotics
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