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Sound-based payment firm Tonetag raises Rs 35 crore ($3.8 million) from Qualcomm Ventures to develop AI-powered payment modules for global deployment.

PRIVATEFeb 18, 2026

Amount Raised

₹350 Million

Round Type

Funding Round

BengaluruFinancial ServicesFinanceFintech

Investors

Qualcomm Ventures

Description

Bengaluru-based Tonetag has raised Rs 35.16 crore ($3.8 million) from Qualcomm Ventures. This funding will support the development of innovative edge AI-powered payment modules designed for global deployment. Tonetag aims to enhance payment systems across various devices. The company is already processing over 25 million transactions daily.

Quick answer

Tonetag raised ₹350 Million in a Funding Round round, dated February 18, 2026. Investors: Qualcomm Ventures. Tonetag is based in Bengaluru, Karnataka, India.

How much did Tonetag raise?
Tonetag raised ₹350 Million in a Funding Round round on February 18, 2026.
Who invested in Tonetag?
Qualcomm Ventures is named as investors in this round.
What does Tonetag do?
Tonetag is an Amazon-backed payments startup based in Bengaluru.
Where is Tonetag based and how big is it?
Tonetag is based in Bengaluru, Karnataka, India. Fundz records about 115 employees.
Who are the decision-makers at Tonetag?
Fundz holds 4 contacts at Tonetag. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Finance around the same time

Companies in the same sectors as Tonetag that raised within 45 days of this round, from Fundz verified event records.

  • PIMCO Asset-Based Lending Company raised $880K (Seed) on April 1, 2026.
  • Valinor Digital raised $25M (Seed) on March 31, 2026.
  • Galdera Labs raised $1.7M (Pre-Seed) on March 27, 2026.
  • Uncia raised $3M (Seed) on March 27, 2026.
  • Zalos raised $3.6M (Seed) on March 24, 2026.
  • Conduit raised $6M (Seed) on March 24, 2026.

Who to call at Tonetag, and when

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Company Information

Company

Tonetag

Location

Bengaluru, Karnataka, India

About

Tonetag is an Amazon-backed payments startup based in Bengaluru. The company focuses on innovative payment solutions and is currently in talks to raise $50 million from Iron Pillar and other investors. The funding aims to more than double its current valuation of around $100 million. Tonetag is also exploring potential acquisitions from strategic investors.

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Tonetag raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.