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.

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.