Tracxn Technologies raised $16.8 million in an anchor round from India Acorn, BNP Paribas Arbitrage- ODI, Ashoka India Equity Investment PLC, Tara Emerging Asia Liquid Fund and Kotak Offshore (India Midcap Fund).
Tracxn is a software-as-a-service platform for tracking private companies and startups. On Friday (October 7), the market intelligence firm allocated 17,402,494 shares at INR 80 each to 11 anchor investors, including both foreign portfolio investors and domestic funds. In the segment, the startup competes with Crunchbase by providing data to companies for market intelligence, deal sourcing, identifying M&A targets, deal diligence and analysis, and tracking.
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Tracxn Technologies raised $16.8 million in an anchor round from India Acorn, BNP Paribas Arbitrage- ODI, Ashoka India Equity Investment PLC, Tara Emerging Asia Liquid Fund and Kotak Offshore (India Midcap Fund).
Tracxn is a software-as-a-service platform for tracking private companies and startups. On Friday (October 7), the market intelligence firm allocated 17,402,494 shares at INR 80 each to 11 anchor investors, including both foreign portfolio investors and domestic funds. In the segment, the startup competes with Crunchbase by providing data to companies for market intelligence, deal sourcing, identifying M&A targets, deal diligence and analysis, and tracking.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
