Trading platform Trackk raises $1 Mn in seed round

Trackk, a new-age trading platform, has raised $1 million in seed round funding from prominent investors, including Mga Ventures, GSF Ventures, GNP Group, Paras Defence, along with leading family offices and angel investors. 

Prior to this, the Mumbai-based company had raised $100K in a pre-seed funding round from Maahavir Ventures.

The fresh funds will be deployed in team building ,technology and crafting a better user experience, Trackk said in a press release.

The company has recently received approval from the Securities and Exchange Board of India (SEBI) to begin brokerage services on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE).

Before securing this license, Trackk operated for over three years as an Authorised Person, acquiring more than 1.5 lakh registered users and facilitating over 6,000 trades daily — building a strong foundation of active traders and product insights. 

 Co-founded in 2021 by Vedant Gupte, Aryan Jain, and Siddharth Thakkar, Trackk is a next-gen stock trading app that helps users discover stocks, trade from a single screen, and gain behavioural insights on their trading journey. 

“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.”

Trackk plans to launch its trading platform in the coming months, introducing a single-screen, intuitive trading experience designed for India's youth. Alongside this, the platform will offer personalised stock reports, data-backed portfolio ideas, and behavioural insights to help users make informed decisions and improve their trading habits over time. 

It primarily competes with other major companies in this space such as Groww and Zerodha.