TaxBuddy.com, a B2C portal for tax return filing and tax advisory business, has raised $1 million in an early-stage fundraise from Zenith Global, a United Arab Emirates-based fund.
The startup will use the capital it has raised for market outreach as well as deepening user engagement.
SSBA Innovations Private Limited operates TaxBuddy.com as well as Finbingo.com, a personal finance and investment advisory platform.
Founded by Sujit Bangar, an alumnus of Harvard Business School who previously worked with the Indian Revenue Service, SSBA Innovations is a pioneer in technology driven financial planning through AI based platforms.
TaxBuddy.com, launched last year, says it offers filing services for income tax and Goods and Services Tax (GST), among other things.
“Tax compliance and advisory services are distinct from other fintech services. The user needs to feel confident and trust that his compliance is in safe hands. Our people build that trust, and the technology helps us reach out to customers and expand the user base with zero concession on efficiency,” Bangar said.
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