Founded by Infinity Project, The (Ron Rothfield aka Raja Ram & Graham Wood) in 1994 along with Ian St. Paul and Richard Bloor aka Rikki Rokkit TIP Records became quite possibly the most influential label in the history of Goa trance. Their compilations are responsible for getting a lot of todays psy-trance artists into this type of music and the early releases are heavily sought after among collectors. TIP never stayed to perfect a formula or cash in on the once blooming popularity of the goa sound - they were constantly moving forward, exploring new ideas. As a result of this, TIP was among the very first to introduce the darker side of goa trance and also had time to bring on the techtrance sound with Organic Noise before the label folded in 1998 after the collapse of their distributor, only to reappear as a partnership between Raja Ram and Richard Bloor under the somewhat new name of TIP.World in 1999, a relatively new artist roster, a new distributor and the emerging sub label 10 Kilo (breaks and electro).

Tip World have now started reintroducing parts of the Tip Records catalogue.