WORKING WITH THE NEW OIL
Business Today India|December 25, 2022
PRIVATE MARKET DATA AND INSIGHTS PROVIDER TRACXN’S UNIQUE TECH STACK AND LOW-COST BUILT IN INDIA FOR THE WORLD’ GROWTH MODEL AUGURS WELL FOR THE START-UP ECOSYSTEM AT A TIME WHEN HIGH-BURN RATE CONSUMER TECH VENTURES ARE FACING A FUNDING WINTER
SOHINI MITTER
WORKING WITH THE NEW OIL

Tracxn founders Neha Singh and Abhishek Goyal gave up their venture investing careers not because the husband-wife duo compulsively “wanted” to start up but because they came across a problem that was “compelling enough” for them to solve.

Back in 2012, before Singh and Goyal quit their respective jobs at Sequoia Capital and Accel India, data discovery around start-ups, especially in India, was a huge challenge. The internet economy was still finding its feet in mainstream conversations. Even though venture capital (VC) and private equity (PE) firms were on the lookout for interesting start-up bets, there was no fool-proof way to ascertain a company’s financial and operational health. “Start-ups were beginning to create impact but discovery was broken. Everything was manual,” Singh tells Business Today. Echoing her, Goyal says, “The way of discovering companies was very inefficient. So, we zeroed in on a white space that required an Indian presence and data curation.”

The public markets already had Bloomberg—a money-minting machine—and Singh and Goyal were convinced that the private markets needed a “large data platform”, too. And that was the genesis of Tracxn.

With the singular vision of building a Bloomberg for the private markets” out of India for the world, the founders incorporated Tracxn pronounced traction’) Technologies in 2013.

DIGGING INTO DATA

► Tracxn is one of the top five global private data intelligence platforms with customers across 58 countries

► It has one of the largest coverages of private companies in emerging tech sectors such as loT, AI, Virtual Reality, etc.

Esta historia es de la edición December 25, 2022 de Business Today India.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

Esta historia es de la edición December 25, 2022 de Business Today India.

Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 9,000 revistas y periódicos.

MÁS HISTORIAS DE BUSINESS TODAY INDIAVer todo
"Focus on the challenge of each customer"
Business Today India

"Focus on the challenge of each customer"

SHASHANK KUMAR MD & CO-FOUNDER I RAZORPAY Razorpay is India's first full-stack financial solutions company

time-read
1 min  |
December 08, 2024
PEDAL ON THE FUTURE
Business Today India

PEDAL ON THE FUTURE

THE MG WINDSOR EV, WITH ITS FUTURISTIC AND MINIMALIST DESIGN, COMBINES THE BEST OF BOTH WORLDS-COMFORT AND TECHNOLOGY

time-read
1 min  |
December 08, 2024
BREATHE EASY
Business Today India

BREATHE EASY

Whether you're battling allergies, looking to remove pollutants, or simply want to breathe easier, the right air purifier can make a difference

time-read
2 minutos  |
December 08, 2024
The Taste of India in a Glass
Business Today India

The Taste of India in a Glass

FROM ROYAL LIQUEURS TO DISTILLED MAHUA, INDIAN HERITAGE ALCOHOLIC BEVERAGES ARE HAVING THEIR DAY IN THE SUN

time-read
4 minutos  |
December 08, 2024
LOOK BEFORE YOU LEAP
Business Today India

LOOK BEFORE YOU LEAP

IN 2025, INVESTORS WILL NEED TO FACTOR IN VOLATILITY ACROSS ASSET CLASSES

time-read
5 minutos  |
December 08, 2024
MISSING ADVISORS
Business Today India

MISSING ADVISORS

INDIA HAS JUST ONE INVESTMENT ADVISOR FOR NEARLY EVERY 200,000 INVESTORS. AT A TIME WHEN RETAIL PARTICIPATION IN THE STOCK MARKETS IS BOOMING, THIS ASSUMES SIGNIFICANCE

time-read
7 minutos  |
December 08, 2024
TURNING A CORNER
Business Today India

TURNING A CORNER

SHARED ELECTRIC MOBILITY START-UP YULU'S SHIFT TO SERVICING THE QUICK COMMERCE SECTOR IS HELPING IT GROW FAST. IT IS NOW FOCUSSING ON IMPROVING ROAD SAFETY FEATURES AS IT TURNS EBITDA POSITIVE

time-read
5 minutos  |
December 08, 2024
REALITY CHECK
Business Today India

REALITY CHECK

INDIAN STOCK MARKETS PLUNGED BEGINNING OCTOBER FOR A HOST OF REASONS, INCLUDING A FALL IN FII OWNERSHIP. HOW DEEP WILL THE CORRECTION BE?

time-read
6 minutos  |
December 08, 2024
TRUMP'S TRADE TANGO
Business Today India

TRUMP'S TRADE TANGO

The return of Donald Trump as the 47th President of the US has put the global economy on edge. India, too, is unlikely to remain unaffected. How will policymakers meet this latest challenge?

time-read
9 minutos  |
December 08, 2024
"The essence of the Trump administration will be transactional”
Business Today India

"The essence of the Trump administration will be transactional”

Global investor, analyst, and best-selling author Ruchir Sharma decodes why Donald Trump won the elections, what India should do, the risks, and more

time-read
10 minutos  |
December 08, 2024