Company Name : Tracxn
Funding Amount : Undisclosed
Investor(s) Ratan Tata
Tracxn Technologies, a data analytics company has raised funding from Ratan Tata, Chairman Emeritus, Tata Sons.
Started in 2013, by ex-investors Neha Singh and Abhishek Goyal, Tracxn is a startup research platform. Tracxn leverages intelligent data analytics and a sector-focused analyst team to help venture capital funds, private equity firms, corporate development and strategy teams globally to track the dynamic startup market.
“At Tracxn we are building the largest startup intelligence platform to help investors & companies stay on top on all startup activity. We are very proud that Mr. Tata has seen value in our unique product offering. We are eager to learn from Mr. Tata’s invaluable experience, as we take Tracxn to the next level”, said Neha Singh, CEO and Founder, Tracxn.
Tracxn has increased its Analyst team size from 25 to 125 in a year. The company claims that the client base has also seen a 400% increase over the last one year.
The company had earlier raised a $3.5M from SAIF Partners in April 2015.