Company Intelligence Profile
Taozen Technology Private Limited
Taozen Technology runs Magma, a B2B platform that supplies raw materials and industrial supplies to Indian factories.
Last updated 28 October 2026
Taozen Technology Private Limited is the company behind Magma, a B2B platform that supplies raw materials, components and industrial supplies to factories in India. It was incorporated on 14 February 2022 and is registered in Ahmedabad, Gujarat. Revenue for FY2024-25 was ₹189.32 Cr. The company has raised $13.6M in total funding, and it has no open charges.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
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Company Identity
| Registered name | TAOZEN TECHNOLOGY PRIVATE LIMITED |
|---|---|
| CIN | U26100GJ2022PTC129358 |
| PAN | AAJCT1859N |
| Status | Active |
| Listing | |
| Incorporated | 14 February 2022 |
| ROC | RoC Ahmedabad (Gujarat) |
| Sector (NIC) | E-commerce |
| Registered address | 2nd Floor, 9th Avenue, B/H Rajpath Club, Bodakdev, Thaltej, Ahmedabad, Daskroi, Gujarat, India – 380059 |
| Authorized capital | ₹10,00,000 (₹10 lakh) |
| Paid-up capital | ₹2,23,090 (₹2.23 lakh) |
Business Overview
- Taozen Technology Private Limited is the company behind the Magma brand.
- Magma serves ceramics, chemicals, packaging, sanitaryware and building materials makers in India.
- It offers raw-material sourcing, precision components, green materials, waste recycling and logistics.
- The company was incorporated on 14 February 2022 in Ahmedabad, Gujarat.
Source: indiamart.com
Directors
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Neal Thakker | 09504864 | Director | 14 Feb 2022 |
| Mamta Kaushik Thakkar | 09028701 | Director | 14 Feb 2022 |
GST Registration
| GSTIN | State | PAN | Status |
|---|---|---|---|
| 24AAJCT1859N1ZS | Gujarat | AAJCT1859N | Active |
Financials
- Revenue ₹189.32 Cr
Funding
| Series A (Sep 2025) | led by Capria Ventures, with Avinya Ventures, Sanjiv Rangrass, General Catalyst, Accion Venture Lab and WEH Ventures |
|---|---|
| Seed | investors include General Catalyst and Titan Capital |
| Total funding | $13.6M across 8 rounds |
Source: tracxn.com
Charges & Borrowings
- No open charges are registered on the company's assets.
Competitors
Source: tracxn.com
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