Quicko

Quicko

Online platform for tax management and tax filing solutions

Founded

2015

Headquarters

Ahmedabad

Status

Seed

Company Details

Website

Socials

Email

Phone

7575831310

Quicko is India's leading tax technology platform providing comprehensive income tax, GST, and TDS filing solutions for individuals, traders, businesses, and chartered accountants. The platform serves over 2 million users across India with a focus on simplifying tax compliance through technology and affordability.

Core Products and Services

  • Income Tax Return (ITR) Filing – Simplified ITR filing for salaried individuals, self-employed professionals, and traders with Form 16 upload, real-time tax calculation, and expert guidance integrated throughout the filing process

  • GST Compliance Management – Goods and Services Tax return filing, invoice management, and GST registration support for small businesses and MSMEs

  • TDS Return Filing – Tax Deducted at Source return preparation and filing for businesses and organizations managing employee tax withholding

  • Tax Planning and Advisory – AI-powered tax optimization suggestions, tax saving investment identification, and personalized tax planning strategies with real-time tax summary updates as users input data

  • Capital Gains and Investment Tax Calculation – P&L (Profit & Loss) computation for stock market investors, capital gains calculation from multiple brokers, and tax audit determination for traders

  • Quicko for Accountants – Dedicated dashboard for chartered accountants and tax professionals to manage multiple client portfolios, track compliance, and provide advisory services

  • Sandbox (Tax API Stack) – B2B2C tax automation API platform enabling fintech apps, banking platforms, and trading platforms to embed tax functionality directly into their applications

Business Model & Revenue Streams

  • Freemium subscription model with free basic ITR filing for individuals with simple tax situations and tiered premium plans (Essential, Elite) for complex income sources and unlimited income

  • B2C revenue through premium subscription fees (Essential and Elite tiers) for individuals requiring advanced features, capital gains calculation, and priority expert support

  • B2B revenue from chartered accountants and tax firms using Quicko for Accountants dashboard with client management capabilities

  • B2B2C revenue from financial platforms, brokers, and fintech companies integrating Sandbox Tax API into their applications with per-transaction or per-user pricing

  • Affiliate program generating referral revenue; partnerships with financial platforms like Zerodha and HDFC Bank driving user acquisition at scale

  • FY24 revenue of ₹3.5+ crore with over 2 million users; freemium model driving high-volume adoption with conversion to paid plans; seed-stage funding of $280K+ from Rainmatter Capital (Zerodha's fintech fund)

Key People

Anand Satyapanthi

Vishvajit Sonagara

Key Metrics

Total Equity Funding

$280K

No. of Funding Rounds

1

Latest Funding Round

$280K, Seed

as of December 31, 2019

Post Money Valuation

$1.41Million

as of January 16, 2020

Funding Multiple

-

as of N/A

Investors

Rainmatter

Employee Count

60

Similar Companies

Mool Innovation Labs

Exit Details

No Exits

All Funding Rounds

DateRound NameAmountValuationRevenueRevenue Multiple
Investors
December 31, 2019Seed$280K$1.41Million$32.2K34.5xRainmatter

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