Get All Access for $5/mo

TraqCheck Raises Fresh Capital From Alok Oberoi and Aakash Anand to Expand AI-Driven Hiring Solutions This round follows an earlier investment in April 2024 from the family office of Peyush Bansal, founder of Lenskart, alongside Caret Capital.

By Entrepreneur Staff

You're reading Entrepreneur India, an international franchise of Entrepreneur Media.

[L-R] Armaan Mehta, Jaibir Nihal Singh & Rishabh Jain, Co-founders of TraqCheck

TraqCheck, an enterprise software company founded to revolutionise hiring with data-driven solutions, has secured a fresh round of investment.

The latest funding comes from Alok Oberoi, a seasoned finance professional and former head of Goldman Sachs' international wealth management division; Aakash Anand, founder of Bellavita; and Caret Capital, a prominent venture firm focusing on mobility, distribution, and employment sectors.

This capital injection is aimed at accelerating TraqCheck's global expansion, starting with the United Kingdom.

This round follows an earlier investment in April 2024 from the family office of Peyush Bansal, founder of Lenskart, alongside Caret Capital.

"We are excited to welcome such respected investors aboard the TraqCheck journey. With this new capital, we are poised to expand our operations globally, starting with the United Kingdom. Our cutting-edge background check technology is designed to help companies hire with confidence and at scale," said the founders of TraqCheck.

Founded in 2020 by Jaibir Nihal Singh, Armaan Mehta, and Rishabh Jain, TraqCheck claims to have gained the trust of over 200 corporations, including industry leaders like Bajaj Capital, Reliance Retail, Cholamandalam Finance, Yatra, and Grant Thornton. Based in New Delhi, the company's advanced AI-driven technology offers swift, accurate, and cost-effective background check solutions.

As TraqCheck embarks on its international journey, it continues to push innovation, integrating AI to enhance hiring processes and empower businesses to make informed decisions efficiently. The company is dedicated to establishing Indian software as a global leader in trusted, scalable hiring solutions.

Entrepreneur Staff

Entrepreneur Staff

Editor

For more than 30 years, Entrepreneur has set the course for success for millions of entrepreneurs and small business owners. We'll teach you the secrets of the winners and give you exactly what you need to lay the groundwork for success.
Business News

'Jaw-Dropping Performance in 2024,' Says a Senior Analyst as Nvidia Reports Earnings

Nvidia reported its highly-anticipated third-quarter earnings on Wednesday.

Business News

'Do You Sell Cars?': Tesla CEO Elon Musk Trolls Jaguar Rebrand on X

The team running Jaguar's X account was working hard on social media this week.

Starting a Business

He Started a Business That Surpassed $100 Million in Under 3 Years: 'Consistent Revenue Right Out of the Gate'

Ryan Close, founder and CEO of Bartesian, had run a few small businesses on the side — but none of them excited him as much as the idea for a home cocktail machine.

Money & Finance

5 Links You Need to Be Successful As a Day Trader

Mastering drive, computer skills, emotional regulation, situational awareness and discipline are essential for day trading success.

Employee Experience & Recruiting

Avoid Costly Hiring Mistakes by Spotting These Employee Warning Signs

Hiring is an art, not a science — especially today, with computer-generated résumés, an extremely diverse candidate pool, and decreasing employee loyalty. Here are some tips for how to zero in on the right applicants, with equal parts caution and consideration.

Business News

'Unexpected Funding': Paychex's Founder Donates $85 Million to 41 Nonprofits. Here's Where the Money Is Going.

Paychex founder Tom Golisano has given half a billion dollars to philanthropic causes this year alone.