Team StartupCity

• Tagbin raises $10 million from institutional and angel investors, boosting its growth capital.
• Funds to expand AI-led platforms for government use, including data and decision-support systems.
• Startup targets IPO in 2027 as revenues grow, driven by rising demand for AI solutions.

Gurugram-based experiential technology startup Tagbin has raised $10 million in a fresh funding round led by the SageOne Flagship Growth OE Fund, along with veteran investor Ramesh Damani, Jyotivardhan Sonthalia, Sanjay Kaul, and the Kurl-on Group. The company plans to use the capital to scale its artificial intelligence offerings and prepare for a public listing in 2027.

Founded in 2013 by IIT graduates Saurav Bhaik, Ankit Sinha, and Chetan Bansiwal, Tagbin is known for building large digital experiences such as interactive museums, exhibitions, and public installations. Over the years, the startup has expanded into AI-driven platforms that help government departments manage data, track operations, and improve policy decisions.

Saurav Bhaik, Chief Executive Officer of Tagbin, said, Tagbin crossed Rs 100 crore in revenue last year. About 60 percent came from creative technology projects, while 40 percent was driven by AI-led platforms. The company expects revenue to cross Rs 200 crore this year and has already achieved around 70 percent of that target.

Tagbin has worked with NITI Aayog to develop an AI-based decision-making system that helps policymakers analyze large datasets across ministries. Several state governments, including Bihar, Telangana, and Tamil Nadu, are using the platform for planning and governance. The startup currently runs 25 active projects across government bodies and enterprises.

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A key challenge Tagbin addresses is fragmented government data spread across departments. Its AI systems help create unified data layers for better insights. The company is also running predictive policing pilots with the Delhi and Goa police using historical crime data.

Tagbin said AI-based platforms offer recurring revenue through licensing and maintenance, unlike one-time experience projects. The funds will also support working capital needs and help scale its enterprise SaaS product Workly.