Tracxn Technologies Limited operates "Tracxn", a market intelligence platform that provides data and software for the global private markets. It offers a subscription-based platform to provide comprehensive private company data, including transactions, financials, shareholding, and valuations for deal sourcing, M&A opportunities, deal diligence, private markets analysis, and tracking emerging themes. Established in 2012 as Tracxn Technologies Private Limited and then changed to Tracxn Technologies Limited in 2021, the company provides private company data to customers for deal sourcing across industries and markets through their subscription-based platform.
The company has built an impressive global footprint in the market intelligence space. Tracxn tracks over 4.0 million entities, 72,900+ investor profiles, and 7,86,000+ transactions. The company operates an asset-light business model and runs a Software as a Service (SaaS)-based platform, Tracxn, that scanned over 662 million web domains, and profiled over 1.84 million entities across 2,003 Feeds categorized across industries, sectors, sub-sectors, geographies, affiliations, and networks globally, as of May 31, 2021.
The company has 3,271 users across 1,139 Customer Accounts in over 58 countries, as of June 30, 2022. Its customers include several Fortune 500 companies and/or their affiliates. The company serves venture capital funds, private equity funds, accelerators and incubators, investment banks, corporate innovation, corporate development and M&A teams, journalists and publications, and universities. The platform is trusted by 850+ Venture Capitalists, Private Equity Firms, Investment Banks, and Corporates who leverage Tracxn to track the world's most innovative companies and emerging sectors.
The customer growth trajectory has been remarkable, with their customer base growing at 34.73% CAGR in the last three fiscals, from 471 Customer Accounts as of March 31, 2019, to 855 Customer Accounts as of March 31, 2021. The company demonstrated robust growth, with a 4% year-on-year increase in revenue and a remarkable 47% rise in active customer accounts, underscoring strong market demand.
The company is particularly strong in emerging technology sectors, including IoT, artificial intelligence, virtual reality, robotics, blockchain, and electric vehicles. They operate an asset-light business model and utilize a Software as a Service (SaaS)-based platform. The platform includes multiple features such as a funding database, investors database, news features, Tracxn Score reports, personalised dashboards, portfolio tracker, and an acquisitions database.
The company publishes 1,000+ reports every quarter across 15+ categories, 2500+ sectors, and 30+ geographies. The strategic focus on expanding into international markets and enhancing data capabilities through AI integration positions the company favorably, even as it navigates muted market conditions and challenges with large accounts.
The Tracxn Technologies IPO listing date was on Thursday, October 20, 2022. Tracxn Technologies IPO was a bookbuilding issue of ₹309.38 crores. The issue was entirely an offer for sale of 3.87 crore shares. Tracxn Technologies IPO listing price was ₹93.35, with the issue price at ₹80.00. The Tracxn Technologies IPO listed at ₹93.35 against the issue price of ₹80.00 per equity share, showing a listing day gain of 16.69%.
The company's recent financial performance reflects mixed results.
- Revenue: ₹21.14 Crore as on March 2025 (Q4 FY25)
- Net Profit: ₹-7.58 Crore as on March 2025 (Q4 FY25)
Net loss of Tracxn Technologies was reported at ₹7.58 Crore in the quarter ended March 2025, as against a net profit of ₹1.43 Crore during the previous quarter ended March 2024. Sales rose 4.04% to ₹21.14 Crore in the quarter ended March 2025 compared to ₹20.32 Crore during the previous quarter ended March 2024.
For the full year ended March 2025, a net loss of ₹9.54 Crore was reported, as against a net profit of ₹6.50 Crore during the previous year ended March 2024. Sales rose 2.05% to ₹84.47 Crore in the year ended March 2025 compared to ₹82.77 Crore during the previous year ended March 2024.
- Total Revenue (FY25): ₹84.47 Crore
- Net Profit/Loss (FY25): ₹-9.54 Crore
- Total Revenue (Q4 FY25): ₹21.14 Crore
- Net Profit/Loss (Q4 FY25): ₹-7.58 Crore
- Debt: The company is almost debt-free.
- Cash Reserves: Increased by 25.7% due to effective cash management, providing a solid foundation for future investments.
- Market Capitalization: Approximately ₹639 Crore (as reported on various financial platforms, with recent updates placing it around ₹620 Crore).
- 52-Week High: ₹107.95
- 52-Week Low: ₹47.71
- P/E Ratio: -64.34 (due to recent losses)
- P/B Ratio: 8.66
Tracxn Technologies Ltd (TRACXN) belongs to the Information Technology sector & IT Services & Consulting sub-sector. As an Indian SaaS company, Tracxn has several cost advantages over its US and UK competitors, such as lower employee benefit expenses. No directly listed entities in India are similar to the core business line of Tracxn Technologies.
- Chairperson: Neha Singh
- Promoters: Abhishek Goyal and Neha Singh
- Promoter Holding: Decreased to 34.18% as of March 2025, from 34.75% as of June 2024.
Optimism remains high regarding future revenue growth, particularly in the university sector, where significant customer engagement initiatives are underway. The company continues to focus on expanding its global presence and enhancing its data intelligence capabilities to serve the evolving needs of the private markets ecosystem.
