# Tango IT Solutions India Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/tango-it-solutions-india-private

- Industry: Software
- Headquarters: Chennai, India
- Website: www.tangoeye.io
- Total disclosed funding: $0.5M
- Latest round: Seed (Aug 14, 2020)
- Investors on record: 3

## About

Tango IT Solutions India Private Limited specializes in visual-AI technology solutions, enhancing operational efficiency and client engagement across various sectors.Founded in 2017, Tango IT Solutions India Private Limited is based in Chennai, India, focusing on delivering innovative visual-AI solutions. Surender Gounder, the CEO and founder, leads the company, which recently received funding from Lenskart Solutions Private Limited in a deal dated October 30, 2023. The company has completed a total of 4 deals, with a current valuation of INR 444.683 mn and has raised a total of INR 50.000 mn. No significant changes in business strategy or structure have been documented.The company provides advanced visual-AI technology solutions designed to optimize business operations and enhance user interaction. Tango IT Solutions focuses on creating tools that facilitate visual data processing, catering to diverse industry needs, improving productivity, and fostering better decision-making processes.In 2022, Tango IT Solutions reported a revenue of INR 65,880.1 mn, with an EBITDA of INR 438,362.1 mn, reflecting its strong market presence and operational efficiency.Looking ahead, Tango IT Solutions India Private Limited plans to develop new visual-AI products aimed at various sectors, with launches anticipated in early 2024. Additionally, the company is targeting expansion into Southeast Asian markets, intending to establish a foothold by the end of 2024. The recent funding of INR 50.000 mn will support these initiatives, enabling the company to enhance its product offering and expand its market reach.

## Funding rounds

- Seed, Aug 14, 2020, $0.5M — Lenskart Solutions Private Limited, RiSo Capital, Aroa Ventures

## Investors

- Lenskart Solutions Private Limited — Seed
- RiSo Capital (https://capitalatlas.ai/funds/riso-capital) — Seed
- Aroa Ventures (https://capitalatlas.ai/funds/aroa-ventures) — Seed