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

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 deepen the connection with users.

“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 also notices management,”said Sujit Bangar, founder of TaxBuddy.com.

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."

​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.