Founded in 2013 by IIT graduates Saurav Bhaik, Ankit Sinha, and Chetan Bansiwal, Tagbin designs large-format digital installations, like interactive museums and public exhibitions. It also builds AI-based platforms for government departments to manage data, monitor operations, and improve decision-making.
Chief executive officer Bhaik told ET that Tagbin crossed Rs 100 crore in revenue last year, with around 60% coming from creative technology projects and 40% from AI-led work. “We are targeting over Rs 200 crore in revenue this year, and have already achieved about 70% of that.”
Bhaik said that Tagbin worked with NITI Aayog to build an AI-based decision-making model to help policymakers analyse large datasets across ministries.
Several state governments, including Bihar, Telangana, and Tamil Nadu, are using the platform for policy insights and planning, the startup said. Currently Tagbin has 25 active projects across small and medium enterprises and government departments.
One of the key problems Tagbin addresses with regard to AI-led solutions for government departments is data fragmentation, Bhaik said. “Government data sits across ministries and departments and they don’t talk to each other. With NITI Aayog, we helped create a unified data layer so intelligence could be built on top of it.”
Beyond helping policy planning, Tagbin said it is also running predictive policing pilots with the Delhi and Goa police, where its AI systems analyse historical crime data to identify patterns and potential risks. The startup expects its AI solutions to become a larger revenue stream over time.
“Museums and experience centres are typically big-ticket, one-time projects, sometimes worth Rs 30-100 crore. While AI deployments include annual licensing and maintenance fees, which adds to the revenues over time,” Bhaik explained.
He added that the fundraise will fuel long-term capital access, given that government projects require significant working capital, especially for performance bank guarantees, which often get locked in for three to four years.
Tagbin will also scale its enterprise SaaS product Workly, which combines communication, planning, and AI agents.
