It is a startup research platform that leverages data analytics to help VC funds, PEs, etc. to track and identify interesting investable companies
Tracxn, a startup research platform in India, has announced that it has raised funding from marquee angel investors, including Infosys Co-founder Nandan Nilekani, former CFO Mohandas Pai, WhatsApp Vice President Neeraj Arora, and Junglee Co-founder Anand Rajaraman.
Teruhide Sato (Founder of Japan’s Beenos), Girish Mathrubootham (Founder & CEO of Freshdesk) and Aneesh Reddy (Co-founder and CEO of Capillary Technologies) also participated.
The size of the investment has not been disclosed.
Tracxn was started in 2013 by former investors Neha Singh (ex-Sequoia Capital) and Abhishek Goyal (ex-Accel Partners). It is a startup research platform that leverages intelligent data analytics to help VC funds, private equity firms, corporate development and strategy teams globally to track the dynamic startup market and identify interesting investable companies and upcoming sectors.
The company tracks over 100 sectors, including enterprise infrastructure, enterprise applications, technology, consumer, mobile, digital marketing, health and education.
Tracxn, which has offices in Mountain View and Bangalore, has customers across North America, Europe and India. It now looks to expand its customer footprint across other regions, including Japan, Southeast Asia, the Middle East and other parts of Europe.
Its clients include Andreessen Horowitz, Sequoia, SoftBank, Google Capital, VMWare, GE and LG.
According to Neha Singh, Founder, Tracxn: “Investors were our early adopters. But today large enterprises is our biggest as well as the fastest growing customer segment. We work with enterprises and investors across over 20 countries. As we expand our footprint, we look forward to learn from people who have scaled large businesses globally.”
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