2015
Ahmedabad
Seed
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.
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
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)
$280K
1
$280K, Seed
as of December 31, 2019
$1.41Million
as of January 16, 2020
-
as of N/A
Rainmatter
60
Mool Innovation Labs
No Exits
| Date | Round Name | Amount | Valuation | Revenue | Revenue Multiple | Investors |
|---|---|---|---|---|---|---|
| December 31, 2019 | Seed | $280K | $1.41Million | $32.2K | 34.5x | Rainmatter |