Gurugram experiential-tech firm plans to scale AI-led platforms; crossed INR 100 crore revenue last year
Tagbin, the Gurugram-based experiential technology and applied AI company behind several marquee digital museums and citizen-outreach programmes, is preparing for a stock-market debut by March 2027 after closing a USD 10 million (~INR 89.65 crore) funding round from a clutch of prominent investors, according to a report.
Tagbin IPO Timeline, Funding & Use of Proceeds
Tagbin’s latest funding round drew participation from SageOne Flagship Growth OE Fund along with marquee investors including Ramesh Damani and the Kurl‑on Group, among others. Tagbin intends to deploy the capital to accelerate domestic and overseas expansion, strengthen its AI and creative‑tech verticals, and undertake IPO readiness workstreams in the run‑up to a planned listing in 2027.
Tagbin’s founder and CEO Saurav Bhaik has indicated the company is working towards a market debut by March 2027, framing the listing as a step towards enhanced governance and long‑term value creation. The company’s plan follows a period of steady growth and recent investor interest in firms building AI‑enabled public‑sector platforms and immersive experiences.
Financial Markers & Operating Mix
Tagbin crossed INR 100 crore in revenue last year, with roughly 60% from creative‑technology projects and 40% from AI‑led work, the CEO told the media. “We are targeting over INR 200 crore in revenue this year, and have already achieved about 70% of that,” Bhaik said.
Beyond deployments for enterprises, the firm has built an AI‑based decision model with a policy think‑tank to help analyse large datasets, and is running predictive‑policing pilots with Delhi and Goa Police, according to reports. The company currently has around 25 active projects across government departments and SMEs, and says recurring software and maintenance fees from AI roll‑outs are expected to compound over time.
Portfolio and Positioning
Tagbin Services has delivered projects such as the Pradhanmantri Sangrahalaya (PM Museum), the Netaji Subhas Chandra Bose hologram at India Gate and the Har Ghar Tiranga digital campaign, in addition to exhibitions for private brands. The company has grown to a team of over 200 as it scales experiential centres and governance‑tech platforms.
Industry trackers see strong enterprise appetite for cloud, data and AI investments in India over the next 12–18 months, which could benefit platform builders serving government and large‑enterprise buyers. “Enterprises in India are accelerating their adoption of cloud and digital technologies,” a Gartner analyst said in a November outlook that forecast double‑digit growth in 2026 IT spending.
Final Words
“The planned IPO of Tagbin by March 2027 reflects our commitment to transparency and long‑term value creation,” Bhaik said, adding that the recent investment validates investor confidence in Tagbin’s strategy and execution. The company has also highlighted working‑capital needs in government projects—such as bank guarantees locked for multiple years—as a reason to bolster its balance sheet ahead of scale‑up.
Tagbin IPO At a Glance
- Tagbin IPO Plan: Market debut targeted by March 2027; preparatory work underway.
- Fundraise: USD 10 million round from SageOne’s growth fund and marquee investors including Ramesh Damani and Kurl‑on Group.
- Revenue: Crossed INR 100 crore last year; FY25 target above INR 200 crore with ~70% already achieved.
- Business mix: ~60% creative‑tech projects; ~40% AI‑led platforms; ~25 active projects in government and SME segments.
- Notable work: PM Museum, Netaji hologram at India Gate, Har Ghar Tiranga campaign; 200+ team.
Conclusion
With a fresh capital buffer and a stated listing window, Tagbin IPO is signalling intent to shift from project‑heavy experiential builds to more scalable AI‑platform revenues while formalising governance for public markets. Execution on multi‑year government programmes, timely productisation of AI offerings, and market conditions—besides regulatory approvals—will shape how its IPO journey unfolds.
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