COMPANY INTELLIGENCE PROFILE
PURPLE PETAL INVEST PRIVATE LIMITED
Purple Petal Invest Private Limited is the legal entity operating the consumer-facing fintech brand "Tap Invest" (flagship product "Ultra"), a Bengaluru-headquartered fixed-income investment platform.
Purple Petal Invest Private Limited, incorporated on 21 July 2021, operates the fintech brand "Tap Invest," an online platform specializing in fixed-income investments. Based in Bengaluru, the company targets retail and high-net-worth investors with products like bonds and invoice discounting. It claims 100,000+ users and has reportedly raised ₹1,500 crore for investors. Recent financial data indicates a ₹5.38 crore revenue for FY2024-25. The company's only funding round, a seed round, raised approximately $2 million, led by Turbostart.
AI-generated, may contain errors.
Business Overview
- Purple Petal Invest Private Limited is the legal entity operating the consumer-facing fintech brand "Tap Invest", flagship product "Ultra", a Bengaluru-headquartered fixed-income investment platform.
- It offers retail/HNI access to bonds, invoice discounting, asset leasing, structured products, fixed deposits, pre-IPO instruments and digital precious metals, positioned as "India's largest fixed income ecosystem." Claims 100k+ users, ₹1,500 Cr+ cumulative raised on-platform for investors, and 11-15% XIRR target returns, per tapinvest.in, self-reported — not independently verified.
- DPIIT-recognised startup, TheCompanyCheck.
- Founded 2022 per startupintros
- Founders named as Nishchay Nath and Himanshu Chowdhar, startupintros — single source, partially corroborated: Nishchay Sanjay Nath appears as a registered director across all registry sources; Himanshu Chowdhar does not appear in any registry filing found, so his founder role is unconfirmed at the corporate-registry level.
Sector & Classification
"Other computer related activities" / "Computer Related Services" per RoC filing classification (Tofler, Falconebiz); commercially the company operates as an online/fintech financial-services (fixed-income investment) platform under the brand "Tap Invest" (TheCompanyCheck, tapinvest.in, startupintros.com)
Directors & Key Management
Directors — source notes
Confirmed via Tofler and TheCompanyCheck (2 sources agree; Falconebiz's page showed no directors, likely a stale/incomplete pull): 1. Soumya Kushwaha — DIN 09248749 — appointed 21 July 2021 (since incorporation) 2. Nishchay Sanjay Nath — DIN 07578907 — appointed 21 July 2021 (since incorporation) No other directors, resignations, or DIN changes were found in the sources checked.
GST Registrations
Primary GSTIN: 27AAMCP1499D1Z4 (Source: KnowYourGST individual GSTIN page) - PAN embedded: AAMCP1499D (matches company PAN — cross-confirmed) - State: Maharashtra - Registration date: 27 September 2021 - Status: Active, Regular taxpayer - Constitution: Private Limited Company - Taxpayer type/nature of business: Supplier of Services, Leasing Business, Recipient of Goods or Services - Address on GST record: Achraj Tower, Shop Nos. 14-17, Chhaoni, Nagpur, Maharashtra 440013 (matches registered office) - Number of GST registrations found: 1 (only the Maharashtra/home-state GSTIN was located; could not confirm whether additional state registrations exist — not obtained)
Financials
Purple Petal Invest Private Limited reported a 146% year-on-year growth in operating revenue, reaching ₹5.38 crore for FY2024-25. The company, incorporated in 2021, had less than ₹1 crore in revenue for FY2021-22. Employee strength is approximately 29.
AI-generated, may contain errors.
- Partial / single-sourced, treat with caution:
- FY2024-25, year ended 31 March 2025, operating revenue: ₹5.38 Crore, stated as 146% YoY growth, Source: TheCompanyCheck — single source, not cross-confirmed
- FY2021-22 operating revenue: "Under ₹1 Crore" range, Source: Tofler — likely reflects an early/pre-scale year, consistent with 2021 incorporation
- EBITDA, PAT, net worth, and total borrowings: not obtained from any source checked
- Standalone vs consolidated basis: not specified in either source
- Employee strength: ~29, TheCompanyCheck, based on EPFO data, vs. "1,001-5,000", startupintros company-profile field — this figure appears to be a template/placeholder error and is not credible for a company of this scale; disregard in favour of the EPFO-based ~29 estimate, itself unconfirmed by a second source
Funding History
| Single-sourced, startupintros.com, — Tracxn was rate-limited and ipoplatform.com returned 403 on this attempt, so this could not be cross-confirmed; treat as partial: | |
| Total raised | ~$2.0M across 1 disclosed round |
| Round | Seed, announced 1 October 2023 |
| Lead investor | Turbostart |
| Other investors | Accel, Rajan Anandan, Nitish Mittersain, Kashyap Shah, Kunal Shah, Snow Leopard Technology Ventures, Superb Capital, Upsparks |
| Valuation | not disclosed in any source found |
| Round name only sourced from startupintros; Tracxn, funding-round-name-only permitted use, could not be loaded due to rate limiting on this attempt | |
Loans & Charges
- Partial / single-sourced: TheCompanyCheck states "No open charges registered." Falconebiz's page did not surface charge data either way. No independent second confirmation obtained.
Competitive Landscape
- India fixed-income/debt-investment platform peers, general market knowledge, not individually source-cited — treat as indicative, not verified against a registry: Wint Wealth, similar/larger scale, bonds-focused, Grip Invest, similar scale, leasing + bonds, Jiraaf, similar scale, bonds/structured debt, IndiaBonds, larger, pure bond marketplace, Stable Money, similar scale, FDs/bonds, Cube Wealth, adjacent, broader wealth platform.
- All operate in the same "fixed income for retail/HNI investors" category as Tap Invest.
Frequently Asked Questions
What does the company Purple Petal Invest Private Limited do?
Purple Petal Invest Private Limited operates the consumer-facing fintech brand 'Tap Invest', a fixed-income investment platform headquartered in Bengaluru. It offers access to bonds, invoice discounting, asset leasing, structured products, fixed deposits, pre-IPO instruments, and digital precious metals, positioning as 'India's largest fixed income ecosystem.'
What is the CIN of Purple Petal Invest Private Limited?
The CIN of Purple Petal Invest Private Limited is U72900MH2021PTC364347.
What is the GSTIN of Purple Petal Invest Private Limited?
The primary GSTIN of Purple Petal Invest Private Limited is 27AAMCP1499D1Z4. It is registered as an active, regular taxpayer in Maharashtra.
When was Purple Petal Invest Private Limited incorporated?
Purple Petal Invest Private Limited was incorporated on 21 July 2021.
What is the registered office address of Purple Petal Invest Private Limited?
The registered office address of Purple Petal Invest Private Limited is Shop No 14-15-16-17, Achraj Tower No-2, Chhaoni, Nagpur, Maharashtra 440013, India.
Sources
1. Tofler — https://www.tofler.in/purple-petal-invest-private-limited/company/U72900MH2021PTC364347 2. TheCompanyCheck — https://www.thecompanycheck.com/company/purple-petal-invest-private-limited/U72900MH2021PTC364347 3. Falconebiz — https://www.falconebiz.com/company/PURPLE-PETAL-INVEST-PRIVATE-LIMITED-U72900MH2021PTC364347 4. KnowYourGST (individual GSTIN page) — https://www.knowyourgst.com/gst-number-search/purple-petal-invest-private-limited-27AAMCP1499D1Z4/ 5. Official site — https://tapinvest.in 6. startupintros.com — https://startupintros.com/orgs/tap-invest 7. Tracxn (entity confirmation snippet only, page itself rate-limited on fetch) — https://tracxn.com/d/legal-entities/india/purple-petal-invest-private-limited/ 8. Indian Kanoon (legal search, no results) — https://indiankanoon.org/search/?formInput=Purple%20Petal%20Invest%20Private%20Limited 9. ipoplatform.com (attempted, 403 Forbidden, not used) — https://www.ipoplatform.com/startup-business-funding/purple-petal-invest-private-limited/102513
Information compiled from public registry and secondary sources. It may be incomplete or dated; verify independently before relying on it.