ToneTag

Bengaluru, India · Founded 2013 · Privately Held (backing)

Developer of a mobile payment platform designed to offer cashless and contactless payment services on all devices. ToneTag is based in Bengaluru, India and was founded in 2013. Its last reported valuation was $135 million in Feb 2025. It has raised $94.3 million.

Last reported valuation
$135.0M
Oct 2026
Priced at
—
Total raised
$94.3M
Last round
—

ToneTag key facts

as of Oct 2026
  • Developer of a mobile payment platform designed to offer cashless and contactless payment services on all devices.
  • ToneTag is valued at approximately $135.0M as of Oct 2026 (last reported valuation).
  • It has raised $94.3M; the latest was Later Stage VC ($3.8M) in Feb 2026.
  • Notable investors include Plug and Play Tech Center, Qualcomm Ventures, Start Path, Amazon.com, Mohandas Pai — 21 tracked in total.
  • Status: Privately Held (backing).
Last reported valuation
LOW confidence
$135.0M

ToneTag's last reported valuation, Feb 2025. Nothing priced has surfaced since.

set by last reported valuationas of Oct 2026question about this number?
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ToneTag funding rounds

No rounds on record

No funding rounds for ToneTag are on record yet — either the company hasn't raised institutional capital, or the raise hasn't surfaced in our sources.

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ToneTag valuation

ToneTag's last reported valuation was $135 million in Feb 2025. No priced round, secondary trade or fund mark has surfaced since.

ToneTag investors

21 investors are on record for ToneTag, including Plug and Play Tech Center, Qualcomm Ventures, Start Path and Amazon.com.

About ToneTag

Developer of a mobile payment platform designed to offer cashless and contactless payment services on all devices. The company's platform facilitates contactless money withdrawals with the help of data-over-sound technology from ATMs, cashless payments at toll plazas and parking, as well as mobile payments at railway ticket counters, enabling users to stay connected to their wallet, with or without data connectivity for secure proximity payments.

Sector
Information Technology
HQ
Bengaluru, India
Founded
2013
Employees
176
Ownership
Privately Held (backing)

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