ToneTag: Funding, Investors & Team (Oct 2026)
ToneTag is a digital payments company that is creating a mobile payment platform to provide contactless and cashless payment options across various devices. The platform allows for contactless transactions using data-over-sound technology at ATMs, cashless payments at toll plazas and parking, and mobile payments at railway ticket counters. Additionally, ToneTag offers an inventory management system for businesses and collaborates with the National Payments Corporation of India (NPCI) to enable UPI123 Pay, a payment system for feature phones.
ToneTag has raised $81.9M across 2 funding rounds on record, the most recent an undisclosed round of $3.9M announced in Feb 2026.
That round is in line with the $3.7M median round size for Commerce and Shopping companies tracked on FundedIQ over the last two years.
ToneTag Company Profile and Key Stats
Latest funding round on record: Feb 2026.
ToneTag Funding Rounds
ToneTag raised $78.0M in a Series B announced in Feb 2025.
1 years later, an undisclosed round of $3.9M was announced in Feb 2026.
ToneTag Founders and Leadership Team
Contact details for the ToneTag team: 2 of 2 have an email address on file.
Start 14-day free trial →ToneTag Funding Compared to Other Commerce and Shopping Startups
ToneTag's latest round of $3.9M is in line with the median round in Commerce and Shopping. Medians cover the last 24 months of disclosed rounds.
Funded Startups Like ToneTag in Commerce and Shopping and Bangalore
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ToneTag Funding FAQs
What does ToneTag do?
ToneTag is a digital payments company that is creating a mobile payment platform to provide contactless and cashless payment options across various devices. The platform allows for contactless transactions using data-over-sound technology at ATMs, cashless payments at toll plazas and parking, and mobile payments at railway ticket counters. Additionally, ToneTag offers an inventory management system for businesses and collaborates with the National Payments Corporation of India (NPCI) to enable UPI123 Pay, a payment system for feature phones.
How much funding has ToneTag raised?
ToneTag has raised $81.9M across 2 rounds on record. The most recent is an undisclosed round of $3.9M announced in Feb 2026.
When did ToneTag last raise funding?
ToneTag's most recent funding round on record is an undisclosed round of $3.9M, announced in Feb 2026.
Who founded ToneTag?
FundedIQ lists Kumar Abhishek (Founder), Vivek Singh (Founder) at ToneTag.
Where is ToneTag headquartered?
ToneTag is based in Bangalore, Karnataka, India.
How many employees does ToneTag have?
ToneTag is in the 11-50 employee band.
How does ToneTag's funding compare to other Commerce and Shopping startups?
ToneTag's latest round of $3.9M is in line with the $3.7M median round size for Commerce and Shopping companies on FundedIQ across 3,501 tracked companies over the last two years.
About FundedIQ's ToneTag Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for ToneTag is left off this page rather than filled in.
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