New Delhi, 9th Feb, 2023: Indore-based smart networking startup TapOnn has secured INR 1.5 crore in seed funding from Wita Inc, a New York-based entity. Founded in July 2022 by Dhruv Jolly, the startup aims to revolutionize networking by offering a seamless solution for sharing personal and professional information with just one tap.
Dhruv Jolly, Founder & MD, said, “With this new funding, we will continue to invest in cutting-edge technology, aggressive marketing, and R&D for future product launches, solidifying our commitment to revolutionize the networking landscape in India.Our vision at TapOnn is to elevate the way India networks today and help brands and individual professionals grow their business with the power of smart digital networking products.”
TapOnn offers smart cards, coins, and sockets that use smart chip technology to transmit user data to NFC-enabled phones.
The investor, Linda Ye of Wita Inc, said, “We are thrilled to be a part of TapOnn Digital’s mission to revolutionize the way brands and professionals network in India. With the country’s rapidly increasing digital penetration, we see immense potential for TapOnn to upgrade the networking process and support the sustainability agenda by phasing out paper business cards. This investment is a testament to our confidence in the company, and we look forward to seeing its positive impact on the Indian market.”
With the seed round funding of INR 1.5 crore raised, TapOnn Digital plans to improve its offerings in the networking industry and broaden its range to cater to the corporate sector with its smart services. Currently, the company serves the needs of business owners and professionals.