ToneTag's $78 Million Funding: A Leap into the Future of Payments
February 11, 2025, 9:50 pm
In a world where convenience reigns supreme, ToneTag is poised to redefine how we transact. The Bengaluru-based company has just secured a whopping $78 million in Series B2 funding. This significant investment is not just a financial boost; it’s a signal that the future of payments is evolving.
Led by ValueQuest S.C.A.L.E. Fund, this funding round attracted major players like Iron Pillar and Elevate Inflection Capital LLC. Existing investor Elevate Innovation Partners LLC also joined the fray. The capital will fuel ToneTag’s ambitious plans for global expansion, research and development, and marketing efforts.
Imagine a world where payments are as simple as a voice command. ToneTag is making that a reality. The company specializes in voice-based payment solutions, allowing users to make transactions using sound. This technology is not just innovative; it’s transformative. With over 30 million interactions processed daily, ToneTag is already a leader in this space.
The funding will help ToneTag target key markets in Asia, South America, and the Middle East. These regions are ripe for disruption, and ToneTag aims to deliver its voice-enabled solutions to a broader audience. The company’s Oyeti platform integrates voice-powered shopping, ordering, and payment solutions. Meanwhile, the VoiceSe UPI service facilitates voice-based transactions, even in offline scenarios.
The potential for growth is immense. India’s digital payment landscape is evolving rapidly. ToneTag’s innovations position it perfectly to capture this opportunity. The company is trusted by tech giants like Google and Amazon, as well as major Indian banks such as SBI and ICICI. This trust underscores the reliability and security of ToneTag’s solutions.
Investors see the potential too. They believe ToneTag can deepen UPI adoption in India and expand into new markets like the Gulf Cooperation Council (GCC), Southeast Asia, and South America. The unique soundwave communication technology is not just a novelty; it democratizes access to payments for users of all types of phones.
This funding round was facilitated by Probhus Ventures, JAA Associates, and Lex Connect Consulting. Their involvement highlights the growing interest in fintech innovations. As the world becomes more interconnected, the demand for seamless payment solutions will only increase.
ToneTag’s journey is a testament to India’s potential for product innovation. The company stands as a beacon of what’s possible when technology meets creativity. With this funding, ToneTag is not just looking to expand; it’s looking to lead.
The Manipal Marathon 2025 was more than just a race; it was a celebration of community, resilience, and innovation. Over 20,000 runners took to the streets of Manipal, Karnataka, marking the seventh edition of this student-led marathon. The event underscored the commitment of Manipal Academy of Higher Education (MAHE) to health, fitness, and inclusivity.
This year’s theme, “Innovation in Motion: Embracing Technology for Health & Fitness,” resonated throughout the event. A groundbreaking addition was the "Manipal Global Virtual 5K Run," allowing participants from around the world to join in. Over 7,000 virtual runners embraced this opportunity, showcasing the marathon’s global reach.
Inclusivity was a cornerstone of this year’s event. Collaborating with Samarthanam Trust and Ganga Foundation, the marathon welcomed over 300 visually impaired participants and more than 200 individuals with physical disabilities. This focus on inclusion highlighted the spirit of the marathon, proving that fitness knows no boundaries.
The marathon attracted over 100 international athletes from countries like the USA, France, Germany, and Kenya. Their participation added a competitive edge and showcased the event’s global appeal. The energy was palpable as runners of all backgrounds came together to celebrate health and fitness.
The event was made possible through the support of sponsors like ICICI Bank, SBI, and UNEXT. Their commitment to the marathon reflects a broader trend of corporate involvement in community wellness initiatives. Dignitaries from various sectors flagged off different categories of the race, adding prestige to the occasion.
The winners of the marathon showcased remarkable talent. In the full marathon, Sachin Poojary took the top spot for males, while Lesharge Senait Kefelegn led the females. The half marathon and 10K categories also saw fierce competition, with runners pushing their limits.
Beyond the races, the marathon featured Zumba and fitness sessions, engaging fitness enthusiasts and students alike. This holistic approach to health and fitness emphasized the importance of community engagement in promoting a healthier lifestyle.
MAHE’s dedication to integrating technology into health and fitness was evident throughout the event. The marathon is not just a race; it’s a platform for innovation and collaboration. As technology reshapes our approach to fitness, events like the Manipal Marathon pave the way for a healthier future.
In conclusion, both ToneTag and the Manipal Marathon exemplify the spirit of innovation and inclusivity. They remind us that technology and community can come together to create transformative experiences. As we look to the future, these initiatives will undoubtedly shape the landscape of payments and fitness, inspiring others to follow suit.
Led by ValueQuest S.C.A.L.E. Fund, this funding round attracted major players like Iron Pillar and Elevate Inflection Capital LLC. Existing investor Elevate Innovation Partners LLC also joined the fray. The capital will fuel ToneTag’s ambitious plans for global expansion, research and development, and marketing efforts.
Imagine a world where payments are as simple as a voice command. ToneTag is making that a reality. The company specializes in voice-based payment solutions, allowing users to make transactions using sound. This technology is not just innovative; it’s transformative. With over 30 million interactions processed daily, ToneTag is already a leader in this space.
The funding will help ToneTag target key markets in Asia, South America, and the Middle East. These regions are ripe for disruption, and ToneTag aims to deliver its voice-enabled solutions to a broader audience. The company’s Oyeti platform integrates voice-powered shopping, ordering, and payment solutions. Meanwhile, the VoiceSe UPI service facilitates voice-based transactions, even in offline scenarios.
The potential for growth is immense. India’s digital payment landscape is evolving rapidly. ToneTag’s innovations position it perfectly to capture this opportunity. The company is trusted by tech giants like Google and Amazon, as well as major Indian banks such as SBI and ICICI. This trust underscores the reliability and security of ToneTag’s solutions.
Investors see the potential too. They believe ToneTag can deepen UPI adoption in India and expand into new markets like the Gulf Cooperation Council (GCC), Southeast Asia, and South America. The unique soundwave communication technology is not just a novelty; it democratizes access to payments for users of all types of phones.
This funding round was facilitated by Probhus Ventures, JAA Associates, and Lex Connect Consulting. Their involvement highlights the growing interest in fintech innovations. As the world becomes more interconnected, the demand for seamless payment solutions will only increase.
ToneTag’s journey is a testament to India’s potential for product innovation. The company stands as a beacon of what’s possible when technology meets creativity. With this funding, ToneTag is not just looking to expand; it’s looking to lead.
Manipal Marathon 2025: A Celebration of Fitness and Inclusion
The Manipal Marathon 2025 was more than just a race; it was a celebration of community, resilience, and innovation. Over 20,000 runners took to the streets of Manipal, Karnataka, marking the seventh edition of this student-led marathon. The event underscored the commitment of Manipal Academy of Higher Education (MAHE) to health, fitness, and inclusivity.
This year’s theme, “Innovation in Motion: Embracing Technology for Health & Fitness,” resonated throughout the event. A groundbreaking addition was the "Manipal Global Virtual 5K Run," allowing participants from around the world to join in. Over 7,000 virtual runners embraced this opportunity, showcasing the marathon’s global reach.
Inclusivity was a cornerstone of this year’s event. Collaborating with Samarthanam Trust and Ganga Foundation, the marathon welcomed over 300 visually impaired participants and more than 200 individuals with physical disabilities. This focus on inclusion highlighted the spirit of the marathon, proving that fitness knows no boundaries.
The marathon attracted over 100 international athletes from countries like the USA, France, Germany, and Kenya. Their participation added a competitive edge and showcased the event’s global appeal. The energy was palpable as runners of all backgrounds came together to celebrate health and fitness.
The event was made possible through the support of sponsors like ICICI Bank, SBI, and UNEXT. Their commitment to the marathon reflects a broader trend of corporate involvement in community wellness initiatives. Dignitaries from various sectors flagged off different categories of the race, adding prestige to the occasion.
The winners of the marathon showcased remarkable talent. In the full marathon, Sachin Poojary took the top spot for males, while Lesharge Senait Kefelegn led the females. The half marathon and 10K categories also saw fierce competition, with runners pushing their limits.
Beyond the races, the marathon featured Zumba and fitness sessions, engaging fitness enthusiasts and students alike. This holistic approach to health and fitness emphasized the importance of community engagement in promoting a healthier lifestyle.
MAHE’s dedication to integrating technology into health and fitness was evident throughout the event. The marathon is not just a race; it’s a platform for innovation and collaboration. As technology reshapes our approach to fitness, events like the Manipal Marathon pave the way for a healthier future.
In conclusion, both ToneTag and the Manipal Marathon exemplify the spirit of innovation and inclusivity. They remind us that technology and community can come together to create transformative experiences. As we look to the future, these initiatives will undoubtedly shape the landscape of payments and fitness, inspiring others to follow suit.