Tracxn

Growth in the space was expected to continue in the long run, propelled by a large unbanked population

India saw the second-highest fall in funding activity, down 33 per cent in 2022 from 2021, says Tracxn

The sector has fared well both on the fund raising front and on operational performance

Late-stage funding fell by 45 per cent from $29.3 billion between January to November 2021 to $16.1 billion for the same period in 2022

Financing will help Elev8 identify investment opportunities in Indian technology companies

The stock of the data processing services company got listed at Rs 84.50, a Rs 6 per premium, to its issue price

With growing users for private market data, the company is looking to capitalize on the opportunity by growing its customer base further.

The top three sectors to receive maximum funding this quarter were alternative lending, genomics and payments

The company has set a price band of Rs 75-80 per share for its IPO, which is entirely an offer for sale worth Rs 309 crore.

Average ticket size also dips across all funding stages, late-stage sees biggest fall of 70%, indicating that investors aren't willing to make large investments until economic conditions improve

Tracxn Technologies IPO review: Attrition continues to remain at elevated levels. The company's bottom-line performance has been disappointing in the last three years. It turned profit positive in Q1

Edtech unicorn UpGrad and fintech start-up EarlySalary among companies to earn big-ticket investments: Tracxn

But a comparison with global data suggests that India still lags the industry's international peers in terms of funding

The firm said its payments to education firm Aakash for a $1-billion deal struck last year have concluded and the audited financial results will be out in 10 days

Private Market Intelligence Platform Tracxn Technologies has filed draft papers with markets regulator Sebi to raise funds through an initial public offering (IPO).

Rolls out online platform called TracxnSecondary, which is aimed at improving liquidity in the Indian startup ecosystem