Two entrepreneurs, Abhishek Goyal and Neha Singh, both who have worked with leading investment firms, paired together, to launch a comprehensive database of startups.
Tracxn, is a product aiming at solving the need of Venture Capitalists and private companies who are always on a look out for good startups.
While Neha has spent a good time with consulting and investment field, Abhishek in his earlier role has worked with array of leading companies from Amazon to Yahoo. Lastly, he was heading UrbanTouch.com, an Indian ecommerce firm, as CEO.
We spoke with Abhishek on his shift as an entrepreneur from Ecommerce to BigData, on how Tracxn works and the thought process behind it.
Inc42: You have crafted a venture into ecommerce and then have exited it (UrbanTouch), so how come from ecommerce to BigData? I mean how did the idea to launch Tracxn came up?
Abhishek: If a fund or angel groups wants to find for interesting startups or scan a sector of interest, they will rely primarily on personal network, media coverage, events or google search to discover all the companies. More aggressive bunch even track job boards. Larger funds have build sizable teams of Analysts to achieve coverage.