New-age trading platform Trackk has raised $1 million in a seed funding round from Mga Ventures and GSF Ventures.
The round also included investments from GNP Group, Paras Defence, leading family offices, and angel investors.
Earlier, the Mumbai-based company raised $100K in a pre-seed round from Maahavir Ventures.
Trackk said in a press release that the new funds will be used to grow the team, develop technology, and enhance the user experience.
“We believe the next generation deserves a seamless, technology-driven platform,” said Vedant Gupte, CEO at Trackk. “With our funding, SEBI approval, and strong leadership team, we are ready to bring a fresh, ambitious vision to India’s capital markets.”
Co-founded in 2021 by Vedant Gupte, Aryan Jain, and Siddharth Thakkar, Trackk is a next-generation stock trading app.
Read more- Snapchat Planets, Order and Meaning
It allows users to discover stocks, trade from a single screen, and get behavioral insights about their trading.
The company recently received SEBI approval to offer brokerage services on both NSE and BSE.
Before getting this license, Trackk operated for more than three years as an Authorised Person. During that time, it gained 150,000 registered users and handled over 6,000 trades daily, building a strong group of active traders and valuable product insights.
Trackk plans to launch its trading platform soon, offering a simple, single-screen experience designed especially for India’s youth.
The platform will also provide personalized stock reports, data-driven portfolio ideas, and behavioral insights to help users make smarter decisions and improve their trading habits.
Read more- Atomic Capital Raises INR 400 Crore Fund for Consumer Startups
