Bengaluru-Based Prosperr.io Raises $4 Mn to Build AI-Powered Tax Infrastructure for India

Prosperr.io, a Bengaluru-based fintech SaaS startup building AI-driven tax management infrastructure, has raised $4 million in a seed funding round led by Jungle Ventures, with participation from Yatra Angel Network, Sadev Ventures, and other strategic investors. The round brings the company’s total funding to $5.55 million since its founding in 2022.

Founded by engineers Manas Gond and Dev Kumar, Prosperr.io is addressing the growing complexity of tax compliance as individuals juggle multiple income streams and businesses operate across jurisdictions.

The startup offers an always-on tax platform for salaried individuals that adapts to financial goals, unlocks eligible deductions, and enables proactive advisor communication.

For enterprises, Prosperr.io provides AI-powered tools for tax-saving employee allowances and automated reimbursements to improve workforce financial well-being.

“We’re building Prosperr.io as the AI-powered financial operating system for working India,” said Manas Gond, CEO and Co-Founder, Prosperr.io. “Our integrated Flexi Benefit Plan and Super Saver Plan are transforming how businesses and individuals handle tax, savings, and compliance. With 3x YoY revenue growth, this round accelerates our AI and product roadmap to serve millions with smarter, more compliant financial solutions.”

The company recently expanded its enterprise offerings with an AI-powered reimbursement solution aimed at simplifying corporate tax operations.

“Tax is one of the most under-innovated layers of financial infrastructure,” said Rishab Malik, Partner, Seed Investments, Jungle Ventures. “Prosperr.io fits squarely into Jungle’s thesis of backing founders who are solving deep, structural problems with strong technical insight.”

Since its last funding round, Prosperr.io has recorded 5x revenue growth, achieved 80% retention among consumers and 100% retention across enterprise clients. The startup plans to use the fresh capital to accelerate product development, strengthen B2B sales, and expand into adjacent areas such as wealth management.