Recur Club logo

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.

CIN: U72900MH2021PTC364347ActiveConflicting across sources: Falconebiz states "RoC-Nagpur"; TheCompanyCheck states "Mumbai"; Tofler states generic "Maharashtra". Given the registered address is in Nagpur and RoC-Nagpur was carved out to cover the Vidarbha region of Maharashtra from 2021, RoC-Nagpur is the more plausible value, but this is a genuine source conflict — not fully confirmed.Confidence: medium
AI OverviewGenerated from public records

AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.

Company Identity

Confirmed
Registered namePurple Petal Invest Private Limited
CINU72900MH2021PTC364347
PANAAMCP1499D (confirmed — matches both TheCompanyCheck's stated PAN and the PAN embedded in GSTIN 27AAMCP1499D1Z4 from KnowYourGST)
StatusActive
ListingUnlisted (private limited company)
Incorporated21 July 2021 (Source: Tofler, TheCompanyCheck, Falconebiz — all 3 agree)
ROCConflicting across sources: Falconebiz states "RoC-Nagpur"; TheCompanyCheck states "Mumbai"; Tofler states generic "Maharashtra". Given the registered address is in Nagpur and RoC-Nagpur was carved out to cover the Vidarbha region of Maharashtra from 2021, RoC-Nagpur is the more plausible value, but this is a genuine source conflict — not fully confirmed.
Sector (NIC)"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)
Registered addressShop No 14-15-16-17, Achraj Tower No-2, Chhaoni, Nagpur, Maharashtra 440013, India (confirmed by Tofler, TheCompanyCheck, Falconebiz, and KnowYourGST GSTIN address — 4 sources agree)
Authorized capital₹15,00,000 (₹15 Lakh) — confirmed across Tofler, TheCompanyCheck, Falconebiz
Paid-up capital₹6,84,790 (~₹6.85 Lakh) — confirmed across Tofler, TheCompanyCheck, Falconebiz

Business Overview

Confirmed
  • 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)

Directors

Confirmed
NameDINRoleAppointed
Soumya Kushwaha09248749appointed 21 July 2021 since incorporation21 July 2021
Nishchay Sanjay Nath07578907appointed 21 July 2021 since incorporation No other directors, resignations, or DIN changes were found in the sources checked.21 July 2021

GST Registrations

Confirmed
GSTINStatePANStatus
27AAMCP1499D1Z4MaharashtraAAMCP1499D (confirmed — matches both TheCompanyCheck's stated PAN and the PAN embedded in GSTIN 27AAMCP1499D1Z4 from KnowYourGST)Active

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

Partial / conflicting

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

Partial / conflicting

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

Charges / Borrowings

Partial / conflicting
  • Partial / single-sourced: TheCompanyCheck states "No open charges registered." Falconebiz's page did not surface charge data either way
  • No independent second confirmation obtained

Competitors

Partial / conflicting
  • 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 Purple Petal Invest Private Limited do?
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.
What is the CIN of Purple Petal Invest Private Limited?
The Corporate Identification Number (CIN) of Purple Petal Invest Private Limited is U72900MH2021PTC364347.
Where is Purple Petal Invest Private Limited registered?
Purple Petal Invest Private Limited is registered with Conflicting across sources: Falconebiz states "RoC-Nagpur"; TheCompanyCheck states "Mumbai"; Tofler states generic "Maharashtra". Registered address: Shop No 14-15-16-17, Achraj Tower No-2, Chhaoni, Nagpur, Maharashtra 440013, India (confirmed by Tofler, TheCompanyCheck, Falconebiz, and KnowYourGST GSTIN address — 4 sources agree)
When was Purple Petal Invest Private Limited incorporated?
Purple Petal Invest Private Limited was incorporated on 21 July 2021 (Source: Tofler, TheCompanyCheck, Falconebiz — all 3 agree).

Looking for business funding?

Recur Club is India's largest AI-native debt platform - working capital, term loans and structured debt from 150+ lending partners, without diluting equity.

Disclaimer: Company information shown on this page is compiled from public records and third-party sources. It may be incomplete, outdated, or contain inaccuracies, and is provided for general informational purposes only. Please verify details independently before relying on them.