Investment and stock broking platform Trackk has raised $3.7 million in a seed funding round led by Lightspeed, with participation from Info Edge Ventures and angel investors including Tanmay Bhatt, Varun Mayya, and Unacademy cofounders Gaurav Munjal and Roman Saini, according to inc42.com. The startup plans to use the funds to enhance its broking infrastructure, expand product capabilities, accelerate user acquisition, develop new financial products, and increase hiring.
Founded in 2021 by Vedant Gupte, Siddharth Thakkar, and Aryan Jain, Trackk aims to simplify investing for Gen Z through AI-led stock discovery and personalized investment journeys. The platform offers stock broking, futures and options trading, IPO investing, and portfolio tracking and rebalancing tools. Trackk has gained traction among younger investors, with nearly 90% of its users aged 20-24, reflecting its focus on making trading more accessible and intuitive for first-time investors.
This funding round highlights the growing interest in fintech startups targeting younger demographics in India’s competitive stock broking market, which includes established players like Groww, Zerodha, and Angel One. As financial awareness rises among young Indians, platforms like Trackk are leveraging technology to simplify market participation and broaden access to investment opportunities.
Trackk intends to deploy the capital to strengthen its technology infrastructure and expand its product suite while scaling user acquisition efforts. The startup’s next milestones will likely focus on enhancing its AI capabilities and launching new financial products to deepen engagement with its Gen Z user base.