Total amount raised
$500 Thousands
Latest funding date
2/1/2021
Location
Entrackr has successfully raised funding through multiple rounds, with its latest being a Seed round on February 8, 2021. The platform serves as a media hub for entrepreneurs, startups, and technology enthusiasts, offering incisive analysis and deep insights into the tech-driven startup ecosystem in India.
Keep reading to explore the intricacies of Entrackr's fundraising journey and the investors backing this innovative platform.
What Is Entrackr?
Entrackr, founded on January 1, 2017, is a media platform based in Gurgaon, Haryana, India. The company focuses on providing news and analysis on technology startups, breaking developments, and policies affecting internet businesses in India. Entrackr was founded by Jai Vardhan and Jitendra Singh and currently employs between 11-50 people.
How Much Funding Has Entrackr Raised?
- Amount Raised: $500K
- Date: February 2021
- Lead Investors: Not publicly disclosed
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: To revamp the platform, strengthen the team, and enhance research capabilities.
Total Amount Raised: $500K. Current Valuation: Not publicly disclosed.
Key Investors
- Vijay Shekhar Sharma
- Details: Vijay Shekhar Sharma is the founder and CEO of Paytm, a leading digital payment and financial services company in India. He has been instrumental in driving the digital payment revolution in the country.
- Investment Focus Areas: Digital payments, financial services, technology startups.
- Notable Investments: Paytm, Paytm Mall, Paytm Payments Bank.
- Akshay Chhugani
- Details: Akshay Chhugani is the Managing Director of Kisho Capital, where he oversees investment strategies and operations. He has a background in diverse investment opportunities.
- Investment Focus Areas: Diverse investment opportunities.
- Notable Investments: Not publicly disclosed.
- Bipin Kumar Sah
- Details: Bipin Kumar Sah is the Managing Partner at Titan Capital, focusing on early-stage startups. He plays a key role in managing investments and guiding the strategic direction of the firm.
- Investment Focus Areas: Early-stage startups, technology, innovative business models.
- Notable Investments: Not publicly disclosed.
- Ashutosh Valani
- Details: Ashutosh Valani is the co-founder of Beardo and Villain Life, brands focused on men's grooming and lifestyle products. He has a strong background in consumer goods.
- Investment Focus Areas: Consumer goods, grooming products, lifestyle brands.
- Notable Investments: Beardo, Villain Life.
- Priyank Shah
- Details: Priyank Shah is the co-founder of Beardo and Villain Life, working alongside Ashutosh Valani. He has been pivotal in building these brands into well-known names in the grooming and lifestyle sectors.
- Investment Focus Areas: Consumer goods, grooming products, lifestyle brands.
- Notable Investments: Beardo, Villain Life.
What's Next for Entrackr?
Entrackr stands at the cusp of significant growth, driven by the recent $500,000 funding round. This capital injection will enable the platform to expand its team, enhance research capabilities, and revamp its offerings. With the launch of Fintrackr, Entrackr is poised to delve deeper into the financial health of startups, a niche that promises substantial growth given the increasing demand for data-driven insights.
Future fundraising opportunities appear promising as Entrackr continues to scale and demonstrate its value. The involvement of high-profile investors not only boosts credibility but also opens doors for additional funding rounds. However, challenges such as maintaining unbiased reporting and competing with established media platforms remain. Navigating these hurdles will be crucial for Entrackr's sustained success.
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