Funding · Financial Services
Trackk raises $3.7M seed round led by Lightspeed
By Startup Enthusiast ·
- Date
- Company
- Trackk
- What it does
- Investment platform for young investors
- Kind
- Funding
- Amount
- $3.7M
- Stage
- seed
- Founded
- 2021
- Sector
- Financial Services
What they do
Trackk is an investment platform targeting Gen Z with AI-led stock discovery and simplified trading tools
What happened
The company raised $3.7M in a seed round led by Lightspeed India with participation from Info Edge Ventures
Why it matters
Founders plan to use funds for infrastructure expansion while facing pressure on the Indian equities market
The details
- Trackk has raised $3.7M in a seed round announced on May 19, 2026.
- The funding was led by Lightspeed India, which now holds approximately 20% of the company.
- Info Edge Ventures participated in the round alongside several prominent angel investors.
- Angel investors include Gaurav Munjal, Roman Saini, Tanmay Bhatt, Varun Mayya, and Gaurav Kapoor.
- Regulatory filings indicate a slightly different raise amount of Rs 30Cr compared to reported figures.
- The valuation estimate stands at roughly Rs 118Cr post-allotment based on recent data.
- Founder stakes diluted from 60.54% to 45.17% following this latest capital injection.
- This follows a previous $1M seed raise completed in September 2025 by earlier backers.
The bigger picture
- Trackk targets the Gen Z demographic, comprising about 90% of its user base.
- The average age of users falls between 20 and 24 years, highlighting its youth focus.
- The company operates under strict SEBI regulations as a registered broker for NSE and BSE services.
- Trackk received recognition from BSE in October 2025 as the youngest registered broker.
About the business
- The platform offers AI-led stock discovery to help young investors find suitable opportunities.
- Users benefit from personalized journeys designed specifically for novice or young market participants.
- Services include stock broking, IPO investing, and portfolio tracking capabilities.
- The app supports complex trades like futures and options execution for eligible users.
- Revenue for FY25 stood at Rs 11 lakh with losses recorded at Rs 72 lakh.
- Trackk aims to strengthen its broking infrastructure using the newly raised capital.
- Plans include expanding product offerings and improving user acquisition strategies significantly.
- The company focuses on financial product development tailored to younger investor needs.
- Hiring initiatives are part of the strategy to scale operations effectively.
What happens next
- Talks are underway to raise $8M led by Z47 (ex-Matrix Partners India).
- The company plans to expand its product suite for young investors.
- Further hiring is expected to support operational growth.
The deal
- Type
- seed
Investors
- Lightspeed India (lead) — Venture capital firm leading the seed round.
- Info Edge Ventures (co-lead) — Corporate venture arm participating in the funding.
- Gaurav Munjal (angel) — Entrepreneur and angel investor.
- Roman Saini (angel) — Former UPSC topper and entrepreneur.
- Tanmay Bhatt (angel) — Comedian and digital creator.
- Varun Mayya (angel) — Serial entrepreneur and investor.
- Gaurav Kapoor (angel) — Investor and business leader.
Founders
- Vedant Gupte, Co-Founder & CEO
- Siddharth Thakkar, Co-Founder
- Aryan Jain, Co-Founder
About Trackk
- Product
- Mobile trading app with stock discovery, equity and F&O trading, IPO investing, and portfolio tracking
- Customers
- First-time Gen Z investors seeking accessible entry to stock markets
- How it makes money
- Brokerage commissions from trades and premium features
- What sets it apart
- AI-led stock discovery tailored to Gen Z consumption patterns and digital community engagement
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