Trackk Secures ₹3,000 Lakh Funding Led by Lightspeed India and Info Edge Ventures

Mumbai-based trading platform Trackk has raised ₹30 crore (approximately USD 3.16 million) in an extended seed funding round led by Lightspeed India, with participation from Info Edge Ventures. The funding marks another major milestone for the fast-growing fintech startup as it expands its stock trading ecosystem focused on younger investors and first-time market participants.

The latest investment comes nearly nine months after the company raised USD 1 million in an earlier seed round backed by investors including Mga Ventures, GSF Ventures, and GNP Group.

Trackk plans to utilize the newly raised capital for capital expenditure, marketing, working capital requirements, product expansion, and other general corporate purposes as it continues scaling its operations in India’s rapidly growing retail trading market.

Trackk Funding Round Details

According to regulatory filings, Trackk’s board approved the issuance of 1,23,630 compulsory convertible preference shares at an issue price of ₹2,429 per share.

Funding Breakdown

Investor	Investment Amount
Lightspeed India	₹23.66 Crore
Info Edge Ventures	₹6.37 Crore
Total Funding Raised	₹30 Crore

The transaction significantly strengthens Trackk’s balance sheet as the company competes in the increasingly crowded Indian online trading and investing ecosystem.

Shareholding Structure After Funding

Following the completion of the latest funding round, Lightspeed India emerged as one of the largest external shareholders in the startup.

Post-Funding Shareholding

Shareholder	Stake
Lightspeed India	~20%
Info Edge Ventures	5.38%
Founders Combined	45.17%

The funding round resulted in dilution of the founders’ ownership stake, which now stands at approximately 45.17%.

About Trackk

Trackk was founded in 2021 by Vedant Gupte, Aryan Jain, and Siddharth Thakkar. The company is building a modern stock trading platform designed primarily for younger retail investors.

The startup focuses on simplifying stock market participation through:

• Single-Screen Trading
• Personalized Investment Insights
• Behavioral Analytics
• Simplified User Experience
• Real-Time Market Tools

The company aims to make investing more accessible and data-driven for India’s next generation of traders and investors.

SEBI Approval Strengthens Expansion Plans

A key milestone for Trackk came last year when the company received approval from the Securities and Exchange Board of India (SEBI) to offer brokerage services on both:

• National Stock Exchange (NSE)
• Bombay Stock Exchange (BSE)

The regulatory approval enabled the startup to directly participate in India’s rapidly expanding retail brokerage ecosystem.

Fresh Fundraise Discussions Underway

Separate reports indicate that Trackk is also in discussions to raise nearly USD 8 million in another funding round reportedly led by Z47, formerly known as Matrix Partners India.

If completed, the additional funding could further accelerate:

• Product Development
• Customer Acquisition
• Technology Infrastructure
• AI-Based Trading Features
• Brokerage Expansion

The company appears to be positioning itself aggressively within India’s booming fintech and online investing sector.

Indian Retail Trading Market Continues Rapid Growth

India’s retail trading ecosystem has witnessed explosive growth over the last few years, driven by:

• Rising Smartphone Penetration
• Increased Financial Awareness
• Growth In Demat Accounts
• Social Media Driven Investing Trends
• Expansion Of Discount Brokerage Platforms

This growth has created strong opportunities for startups like Trackk that are targeting digitally native investors seeking simplified trading experiences.

Venture Capital Interest Remains Strong in Indian Fintech

The latest investment by Lightspeed India and Info Edge Ventures reflects continued investor confidence in India’s fintech and wealth-tech sector despite a broader slowdown in startup funding activity.

Fintech remains one of the most active investment categories in India due to:

• Large Untapped Retail Investor Base
• Rapid Digitization Of Financial Services
• Increasing Equity Market Participation
• Strong Long-Term Growth Potential

Trackk’s latest funding round positions the company among emerging startups attempting to capture market share in India’s evolving retail investing landscape.