Draft:Tracxn
 | Draft article not currently submitted for review.
This is a draft Articles for creation (AfC) submission. It is not currently pending review. While there are no deadlines, abandoned drafts may be deleted after six months. To edit the draft click on the "Edit" tab at the top of the window. To be accepted, a draft should:
It is strongly discouraged to write about yourself, your business or employer. If you do so, you must declare it. Where to get help
How to improve a draft
You can also browse Wikipedia:Featured articles and Wikipedia:Good articles to find examples of Wikipedia's best writing on topics similar to your proposed article. Improving your odds of a speedy review To improve your odds of a faster review, tag your draft with relevant WikiProject tags using the button below. This will let reviewers know a new draft has been submitted in their area of interest. For instance, if you wrote about a female astronomer, you would want to add the Biography, Astronomy, and Women scientists tags. Editor resources
Last edited by Verma Vishakha (talk | contribs) 15 days ago. (Update) |
Tracxn Technologies Limited is a Bangalore based SaaS company providing global private markets information.[1] Tracxn is an online market intelligence platform to help venture capital, private equity, and corporate development firms track and analyze startups across various technology sectors.[2] Tracxn gathers data and tracks innovation across various industries while identifying upcoming sectors and interesting investable startups for its client portfolio that includes venture capital funds, private equity firms and corporate strategy teams from across the globe.[3] It is among the leading global market intelligence providers for private company data globally.[4][5]
History[edit]
Neha Singh and Abhishek Goyal incorporated Tracxn (pronounced ‘traction’) Technologies in 2013 and launched the B2B platform in 2015.
Neha and Abhishek, former investors at Sequoia Capital and Accel Partners respectively, saw a strong need for a comprehensive database that could help investors and corporates identify promising startups for investment or partnership opportunities. As investors themselves, they wished they could spend less time on discovering companies and more time on analyzing markets and opportunities. Neha and Abhishek saw an opportunity to leverage technology to address this information gap, and launched Tracxn [6][7][8]
Tracxn is now a publicly listed company on NSE and BSE after getting listed on October 20, 2022.[4]
The anchor issue of Tracxn Technologies Ltd saw a robust response on 07th October 2022 with 45% of the IPO size getting absorbed by the anchors. Total 15 investors were participants in the company via anchor book, which included Nippon Life India, ICICI Prudential, India Acorn Fund, Ashoka India Equity Investment Trust Plc, White Oak Capital, Kotak MF, Abakkus Emerging Opportunities Fund, Reliance General Insurance Company, BNP Paribas Arbitrage, Tara Emerging Asia Liquid Fund, and Motilal Oswal Fund.[8]
Organization[edit]
Neha Singh is the Chairperson and Managing Director of Tracxn and Abhishek Goyal is the Vice Chairman and Executive Director.
Neha Singh is the Co-founder of Tracxn. Prior to Tracxn, Neha was an investor with the venture capital fund Sequoia Capital, investing in private markets. Before Sequoia Capital, she was a consultant at Boston Consulting Group. Neha holds a Bachelor’s and Master’s degree in Technology, with specializations in Computer Science and Engineering, from IIT Bombay where she was awarded the Institute Silver Medal. She pursued her post-graduate studies in MBA from the Stanford University (officially Leland Stanford Junior University) Graduate School of Business.[9][10][11]
Abhishek Goyal is the Co-founder of Tracxn. Abhishek began his career with technology firms Yahoo & Amazon and later, he was an investor at Accel Partners. At Accel Partners, Abhishek was a part of the deal team which wrote the first cheques to Flipkart (acquired by Walmart) and CommonFloor. He holds a Bachelor’s degree specializing in Computer Science and Engineering, from the Indian Institute of Technology, Kanpur. He was amongst the top 100 rankers in IIT JEE in the batch of 1998.[9] [10][11]
Prashant Chandra was appointed as the CFO in August 2021. He manages the financial and legal departments of the company Before his career at Tracxn, he worked with Infosys and Amdocs Development Centre India.[9][10]
Amit Agarwal was appointed as the COO in August 2021. He takes care of the sales, customer success, analysis, human resources and data operations in the company. Before starting his journey in the company, Agarwal worked with Copal Amba as the associate vice president and Emanation Advisors as its managing director.[9][10]
Neeraj Chopra, CTO, has been a part of Tracxn since 2014. He is responsible for the company’s technology stack. Before working with Tracxn, he has worked with Amazon Development Center (India), Decho Technology India, Arcot R&D Software, and Roam Space Travel Solutions.[9][10]
Bhaskar Sharma was appointed as the CPO in August 2021. Before Tracxn, he worked with companies such as CEAT, FlexAlgo Systems, and Nomura Structured Finance Services.[9][10]
Investors[edit]
Tracxn has raised a total funding of $16.5M or ₹112.32 Cr over 6 rounds before their IPO in 2022.[12][13][14]
Some of the angle investors include Nandan Nilekani (former UIDAI chairman), Mohandas Pai (former Infosys CFO), WhatsApp’s Neeraj Arora and Anand Rajaraman(Junglee Cofounder), Girish Mathrubootham(Freshdesk founder), Aneesh Reddy (Capillary founder), Ratan Tata (Chairman Emeritus, Tata Sons), Sachin and Binny Bansal (Flipkart’s founders) and Sahil Barua (Delhivery cofounder).
In their private journey, they are also backed by likes of Sequoia Capital, SAIF Partners, Accel, KB Global and Prime Venture Partners. [15][3][16][12]
- ^ "Tracxn Listing Day, Goal is to build an iconic data providing company from India, like how Infosys is an iconic software company from India: Founders Abhishek Goyal and Neha Singh". Money Control.
- ^ "This husband-wife duo left high paying jobs, formed Rs 100 crore firm with Ratan Tata's help; net worth is…". DNA.
- ^ a b "Tracxn Raised Funding from Top Techpreneurs". VC Circle.
- ^ a b "Tracxn Technologies rises 5% in market debut after muted IPO". Money Control.
- ^ "Tracxn secures funding from Ratan Tata". Mint.
- ^ "Tracxn launches platform to connect start-ups with potential investors". Mint.
- ^ "Inside Tracxn's pursuit of building an iconic global data company". Business Today.
- ^ a b "Tracxn Technologies garners Rs 139 crore from anchor investors". Economic Times.
- ^ a b c d e f "Org Chart: The People With Power At IPO-Bound Tracxn". Inc42.
- ^ a b c d e f "Tracxn Technologies Management Information". Economic Times.
- ^ a b "Building an Iconic Global Data Platform, from India for the World" (PDF). Tracxn.
- ^ a b "Sequoia-backed Tracxn raises $3 Mn at $78 Mn valuation". EnTracker.
- ^ "Tracxn funding & investors". Tracxn.
- ^ "Tracxn Funding Highlights". Kredible.
- ^ "Tracxn raises fresh funding from Nandan Nilekani, Mohandas Pai, Neeraj Arora & Anand Rajaraman". Economic Times.
- ^ "Tracxn raises funding from Nandan Nilekani and a host of Marquee Angels". Analytics India Magazine.