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Funding · AI & Deep Tech

Tagbin raises $10 million in funding round

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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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