Tracxn is one of the leading global market intelligence providers for private company data and as per F&S, ranks among the top five players globally in terms of number of companies profiled offering data of private market companies.
Shares of Tracxn Technologies (Tracxn) jumped 25 percent to Rs 100 as against its issue price of Rs 80 on the National Stock Exchange (NSE) after making a quiet debut on Thursday. The stock of the data processing services company listed at Rs 84.50, a 6 per premium to its issue price. On the BSE, Tracxn started to trade at Rs 83, and thereafter it rallied to a high of Rs 98.95 in intra-day trade so far.
Tracxn is one of the leading global market intelligence providers for private company data and as per F&S, ranks among the top five players globally in terms of number of companies profiled offering data of private market companies.
Tracxn has an asset-light business model and operate software as a service (SaaS) based platform. It offers customers private company data for deal sourcing, identifying M&A targets, deal diligence, analysis and tracking emerging themes across industries and markets, competitor benchmarking, company and sector-specific reports & news events, etc, through their subscription-based platform, Tracxn.
