Tracxn

Overview

Tracxn, founded in 2013 by ex-venture capitalists Neha Singh and Abhishek Goyal, is a leading market intelligence platform. The company is headquartered in Bengaluru, Karnataka, India, and specializes in providing comprehensive data and analytics on startups and private companies globally. Tracxn's platform is designed to assist venture capitalists, private equity funds, corporate development teams, and governments in tracking emerging companies across various sectors. As of recent reports, Tracxn has approximately 1,300 employees and covers over 1.4 million entities.

Recent Developments

  • June 2025: Tracxn maintains a vast network, providing insights into over 4 million entities and 72,900+ investor profiles. Their latest developments include the integration of real-time tracking and analytics powered by AI and ML technologies.
  • March 2025: Tracxn's financial performance showed a standalone net sales increase to INR 21.14 crore, although there was a significant loss per share compared to the previous year.
  • February 2025: The company reports a decline in net profit for the December 2024 quarter, marking a 36.04% decrease from the previous year.
  • November 2024: Tracxn slips into a net loss for the September 2024 quarter, highlighting challenges in revenues despite expanded services and coverage.
  • April 2024: A report by Tracxn indicates a drop in tech funding activities, with Southeast Asia seeing a significant reduction in investment levels.

Company Information

AttributeInformation
Founding Date2013
HeadquartersBengaluru, Karnataka, India
FoundersNeha Singh, Abhishek Goyal
RevenueINR 84.47 crore (Fiscal Year 2025)
ProfitsINR -9.54 crore (Fiscal Year 2025)
Key InvestorsAccel Partners, SAIF Partners, Sequoia Capital
IndustryMarket Intelligence and Data Analytics
Number of Employees1,300+
Major CompetitorsCB Insights, Crunchbase

Early History

Tracxn was conceived by Neha Singh and Abhishek Goyal, both of whom were former venture capitalists with a vision to simplify and revolutionize how market analysis was conducted in the private sector. Since its inception in 2013, Tracxn has rapidly scaled its operations to become a crucial tool for investors seeking insights into burgeoning tech sectors. Initially focused on India, the company expanded globally by 2015, leveraging AI to enhance data collection and processing capabilities, thereby drawing significant investment from renowned venture capital firms.

Company Profile and Achievements

Tracxn has positioned itself as the "Bloomberg for startups," capitalizing on its vast database and coverage of over 250 industry sectors and 30+ countries. The platform uses a SaaS model, facilitating daily deal sourcing, due diligence, and market trend tracking for an array of clients including Fortune 500 companies and investment banks. Key milestones in Tracxn’s journey include:

  • Building a database of over 4 million entities.
  • Serving more than 850 customer accounts globally.
  • Featuring on Forbes Top 100 Global Analytics Startup List in 2015 and receiving significant seed funding rounds from top-tier investors.

Current Operations and Market Position

Tracxn’s platform is heavily relied upon for its depth in market coverage and technological prowess in AI analytics. It serves a diverse clientele ranging from VCs and PEs to governments and academic institutions. Despite recent financial losses, the company continues to innovate, expanding its AI capabilities and broadening its database reach. Tracxn faces stiff competition from similar data analytics firms, yet it remains a leader in providing critical insights into emerging sectors, a testament to its robust data infrastructure and extensive sectoral coverage.

Conclusion

Tracxn stands out in the domain of market intelligence by offering unparalleled insights into the private company landscape. Despite financial challenges in recent quarters, its strategic reliance on artificial intelligence for data analysis ensures its continued relevance and utility in the tech investment sector. As market conditions stabilize, Tracxn's established foundation and commitment to innovation poise it well for future growth in the realm of global market analytics.

References

  1. Tracxn Official Website
  2. Business Line Article on Tracxn
  3. Moneycontrol Article on Tracxn’s Financials
  4. Inc42 Report on Tracxn
  5. LinkedIn Profile of Tracxn
  6. YourStory Coverage of Tracxn