Tracxn Technologies Limited has come up with an initial public offer (IPO). It will open on October 10-12, 2022 at Rs.75-80 a share. The IPO issue size is around Rs.309.38 crore. The minimum bid will be for 185 shares and in its multiples thereafter.
Tracxn Technologies Limited is among the leading global market intelligence providers for private company data. It ranks among the top five players globally in terms of the number of companies profiled offering data. Moreover, it is one of the largest coverage of private companies in emerging technology sectors including IoT, artificial intelligence, virtual reality, robotics, blockchain and electric vehicles. The company has an asset light business model and operates a Software as a Service (“SaaS”)-based platform, Tracxn. The platform has scanned over 662 million web domains, and profiled over 1.84 million entities across 2,003 Feeds categorized across industries, sectors, subsectors, geographies, affiliations and networks globally. Also, the platform has 3,271 Users across 1,139 Customer Accounts in over 58 countries. The company’s customers include a number of Fortune 500 companies and/or their affiliates.
Tracxn Technologies offer customers private company data for deal sourcing, identifying M&A targets, deal diligence, analysis and tracking emerging themes across industries and markets, among other uses, through our subscription-based platform, Tracxn. The company has launched its platform in Fiscal 2015 with a particular focus on the global emerging technology sector, providing users with detailed profiles of companies including detailed information of funding rounds and acquisition related information, taxonomy and market maps, global competitor benchmarking, financial information, valuation and capitalization tables, employee count, investor profiles, competitor mapping, information about founders, key team and board member, company and sector specific reports and news events. Tracxn Technologies Ltd is among the few private market data service providers in the world to have a proprietary taxonomy for technology sector companies and prepare market maps.