Mumbai-based trading platform Trackk has raised ₹30 crore (around $3.16 million) in an extended seed funding round led by Lightspeed India, with participation from Info Edge Ventures.
The funding comes nearly nine months after the startup secured $1 million in seed capital from investors including Mga Ventures, GSF Ventures, and GNP Group.
According to regulatory filings accessed by Entrackr, Trackk’s board approved the issuance of 1,23,630 compulsory convertible preference shares (CCPS) at an issue price of ₹2,429 each to raise the fresh capital.
Lightspeed India led the round with an investment of ₹23.66 crore, while Info Edge Ventures invested ₹6.37 crore.
Entrackr estimates the company’s post-money valuation at around ₹118 crore (approximately $12.4 million). The proceeds will be used for capital expenditure, marketing, working capital requirements, and other corporate purposes.
Founded in 2021 by Vedant Gupte, Aryan Jain, and Siddharth Thakkar, Trackk is building a trading-first platform focused on young retail investors. The app offers features such as single-screen trading, behavioural analytics, and personalised insights aimed at simplifying trading and investing decisions.
The company had also received approval from the Securities and Exchange Board of India last year to offer brokerage services on both the National Stock Exchange and the Bombay Stock Exchange.
Following the latest investment, Lightspeed India has become the largest external shareholder in Trackk with nearly 20% stake, while Info Edge Ventures holds around 5.38%. The founders’ combined shareholding diluted from 60.54% to 45.17% post the allotment.
According to reports, Trackk is also in discussions to raise an additional $8 million in a new round potentially led by Z47, formerly known as Matrix Partners India.
Financially, the startup reported operating revenue of ₹11 lakh and losses of ₹72 lakh in FY25. The company is yet to file its FY26 financial statements.
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