Tracxn Technologies Ltd. · NSE:TRACXN
Tracxn Technologies — Investor Presentation (August 2025)
70 slides from Tracxn Technologies's investor presentation, Aug 19, 2025
Slide 1: Intimation of Investor Presentation to Stock Exchanges
Email: investor.relations@tracxn.com Ph: +91 90360 90116 Website: www.tracxn.com August 19, 2025 To, To, BSE Limited National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot no. C/1, G Block, Dalal Street, Bandra-Kurla Complex, Mumbai- 4000
Slide 2: Private Market Intelligence Platform – Corporate Presentation
Private Market Intelligence Platform Corporate Presentation Aug 2025 Copyright © 2019, Tracxn Technologies Private Limited. All rights reserved.
Slide 3: Tracxn Overview
Tracxn Overview Tracxn is a Data & Software platform for the Private Markets globally We work with Venture Capital Firms, Private Equity Firms, Investment Banks - as well as M&A & Innovation teams of large Corporates Global Platform, customers span 50+ countries 2
Slide 4: Disclaimer
Disclaimer By attending this presentation including the commentary by the Company management This Presentation may contain, words or phrases that are forward-looking statements and the transcript of the same, together (“Presentation”) and/or accepting a copy of it, that involve risks and uncertainti
Slide 5: Our speakers today
Our speakers today Neha Singh Abhishek Goyal Prashant Chandra Chairperson and Managing Executive Director Chief Financial Officer Director - IIT Bombay (received Silver Medal from - BTech from IIT Kanpur - IIT Kanpur (top 100 rankers in IIT JEE) President of India Mrs. Pratibha Patil) - MBA from IIM
Slide 6: Tracxn – Leading global Private Market Intelligence SaaS Platform
Tracxn – Leading global Private Market Intelligence SaaS Platform# Platform 4.9 million+ 76,100+ 9,65,000+ scale (30th June, 2025) Entities profiled Investor profiles Transactions covered^ Customer KEY scale 50+ 2,030 5,376 HIGHLIGHTS (30th June, 2025) Countries of presence # of customer accounts #
Slide 7: Our Journey
Our Journey Listed on 50+ Countries Ratan N Tata Current - Among the 2021-22 Leading global market intelligence - Became a publicly providers for Sachin Bansal Binny Bansal NRJN Family Trust 2020-21 listed company on private company 20th Oct 2022 data^ - Crossed - Launched updated - One of the large
Slide 8: Our Platform (1/2)
Our Platform (1/2) Amongst Top 5 globally in terms of number of companies profiled^ One of the largest coverage of private companies in emerging technology sectors including IoT, artificial intelligence, virtual reality, robotics, blockchain and electric vehicles^ One of the few Private market data
Slide 9: Our Platform (2/2)
Our Platform (2/2) 24 industries tracked Organized into proprietary taxonomy Quick visual market maps across the globe nodes Auto As of March 31, 2025 Consumer Goods 24 Industries Media & Entertainment Healthcare 2,900+ Private Market Financial Services Feeds Food 57,000+ Education Taxonomy Nodes Bu
Slide 10: Large & Growing Market $40B+
Large & Growing Market Multiple large companies have been created in the financial data markets $40B+ Cumulative Revenue and of Financial Market Data Companies for 2024* 9 Note: (*) Revenue of key public market data companies has been calculated based on the publicly available sources and internal e
Slide 11: Large & Growing Market
Large & Growing Market Private Market AUM Growth1 Public Market Capitalization2 (in USD trillion) (in USD trillion) 15% 6% CAGR CAGR Cumulative market capitalization of listed domestic companies Private market AUM expected to cross $15T by 2028 across all the countries converted to USD Note: (1) Acc
Slide 12: Private Market Data is a large and expanding industry
Private Market Data is a large and expanding industry Private Market Data Key User segments - Large & Growing ~200,000 addressable organizations* Investment Industry Corporate Others 36,446 26,971 59,125 31,097 2,792 Venture Capital Funds Private Equity Firms Listed Entities Educational Institutions
Slide 13: Key Highlights
@Tracxn Key Highlights
Slide 14: Global Customer Base
Global Customer Base 60% international revenue in FY25 Customers span over 50+ countries* Top 5 countries by #customer accounts*: India, USA, UK, Singapore, Germany Indian International Revenue Revenue 60% Historical annual International Revenue Share Revenue Contribution by % (FY25) Americas EMEA A
Slide 15: Diverse Customer Base
Diverse Customer Base Customer segments & departments that we work with Corp Dev / Corporate Private Equity M&A Teams Innovation Venture Investment Government Companies Capital Banking Agencies Family Digital Corporate Offices Transformation Strategy Accelerator & Corporate Consulting Universities I
Slide 16: FY25: Split by Customer Type
FY25: Split by Customer Type 46% Corporates Investment Industry 50% (includes Corporate Innovation teams, Corporate Development / M&A teams, Strategy and Sales teams, Consulting firms, Startups, etc.) (includes VC funds, PE funds, Investment Banks, CVCs, Accelerators & Incubators, Family Offices, et
Slide 17: FY25: Revenue Growth
FY25: Revenue Growth Continued growth in large accounts* Revenue FY 21 FY 22 FY 23 FY 24 FY 25 INR 20L+ accounts 13 26 33 40 46 Indicates continued headroom INR 30L+ accounts 5 11 22 23 22 for growth in ASP INR 40L+ accounts 3 6 12 16 19 16 Note: (*) The count is cumulative and based on the accrual
Slide 18: Robust Technology Platform
Robust Technology Platform Wide range of business and workflow tools – Scalable backend framework – based on open Inbuilt CRM tool, custom dashboard builder, tools for source technologies sourcing, tracking companies, portfolio tracking, API Automated – based on web crawling and data support, browse
Slide 19: Significant cost advantages from India-based operations
Significant cost advantages from India-based operations Significant cost advantage due to make-in-India. Especially: Europe Asia N.America ● Data-production & technology Middle East platform is built from India India ● Global sales happens from Africa India (sales & support teams work across all tim
Slide 20: Experienced Promoters & Board of Directors
Experienced Promoters & Board of Directors Neha Singh Abhishek Goyal Brij Bhushan Chairperson and Managing Executive Director Independent Director Director ▪ B.Tech. & M.Tech. from IIT Bombay ▪ B.Tech. from IIT Kanpur ▪ B.Tech. from Maharshi Dayanand & MBA from Stanford Graduate ▪ Worked previously
Slide 21: Supported by Senior Management Team Backed by Marquee Investors
Supported by Senior Management Team Backed by Marquee Investors Prashant Chandra Amit Agarwal Neeraj Chopra Bhaskar Sharma Chief Financial Officer Chief Operating Officer Chief Technology Officer Chief Product Officer ▪ B.Tech. from IIT Kanpur & MBA ▪ B.Tech. from MNNIT-Allahabad ▪ MS from Universit
Slide 22: Financial Performance
@Tracxn Financial Performance 21
Slide 23: Snapshot – Operational Performance
Snapshot – Operational Performance Customer Accounts Users Entities Profiled (Nos) (Nos) (Nos) 2.43x 4.81x 642 855 1,092 1,230 1,312 1,926 Customer Accounts refers to the distinct Users refers to the number of user Entities profiled are categorised under contracts entered into by our Company with ac
Slide 24: Snapshot – Financial Performance
Snapshot – Financial Performance Contract Price^ v/s Net Revenue From Operations Operating Expenses Operating Cash Flow* (INR Cr.) (INR Cr.) (INR Cr.) 162% 140% 103% 97% 95% 95% Total expenses as a % of operating revenues (calculated based on the numbers from the RHP) Note: (^) Contract Price is net
Slide 25: FY25 Financial Performance
FY25 Financial Performance 24
Slide 26: FY25: Financial Performance Summary
FY25: Financial Performance Summary Continued growth in Volume, Deferred Revenue and Cash REVENUE PROFITABILITY OTHER Revenue from Operations EBITDA EBITDA Margin Free Cash Flow1 84.5 Cr. 0.8 Cr. 1.0 % 14.3 Cr. 2.1% YoY 3.8 Cr. YoY Margin decreased by 4.1 Cr. YoY, down 4.6% from FY24 from FY24 Total
Slide 27: FY25: Continued Revenue Growth Momentum
FY25: Continued Revenue Growth Momentum Revenue from Operations (in INR Cr.) Total Income (in INR Cr.) 4% Historical Annual 2% Historical Annual 24% 24% CAGR CAGR 26 Note: (*) Total Income net of for Fair value gain/ (loss) on CCPS for FY21
Slide 28: FY25: Profitable Operations - EBITDA & PAT
FY25: Profitable Operations - EBITDA & PAT EBITDA (in INR Cr.) Historical Annual Excluding non-cash ESOP expense this is 5.5 Cr for FY 25 Profitable operations for last 3 financial years PAT1 FY25 EBITDA of 0.8 Cr. and (in INR Cr.) PAT of 4.9 Cr. Historical Annual (Note EBITDA & PAT includes Excludi
Slide 29: FY25: Continued Margin Expansion
FY25: Continued Margin Expansion EBITDA Margin Historical Annual Excluding non-cash ESOP expense this is 6.5% for FY 25 FY25 EBITDA Margin of 1.0% and PAT Margin of 5.8%. EBITDA margin grew from negative PAT Margin1 in FY21 to positive 5.5% in FY24. In FY25, we invested aggressively in Historical An
Slide 30: Significant Incremental Revenue directly to the Bottomline
Significant Incremental Revenue directly to the Bottomline Historical Annual: FY 25 FY 21 FY 22* FY 23* FY 24 Revenue from operations 84.5 43.8 63.5 78.1 82.8 Incremental Revenue from Operations (Δ) +1.7 +6.4 +19.7 +14.7 +4.7 EBITDA 0.8 (17.1) (1.9) 2.6 4.6 Incremental EBITDA (Δ) (3.8) +5.4 +15.1 +4
Slide 31: FCF and Cash & Cash Equiv.
FCF and Cash & Cash Equiv. FCF (Free Cash Flow)1 Cash & Cash Equivalents1,2 (in INR Cr.) (in INR Cr.) Historical Annual 4.1 Cr. 94.6 Cr. Added 19.4 Cr.YoY 26% YoY Positive free cash flow for the last 4FYs, with continued cash generation Note: (1) Free Cash Flow and Cash & Cash equiv. excludes tax am
Slide 32: FY25: Expense Breakup
FY25: Expense Breakup Total Expense Total Expense - Breakup (for FY25) (in INR Cr.) (in INR Cr.) % of Total FY25 Expense Historical Annual Employee Benefit Expenses 73.9 Cr. 88.2% 7% Salaries, Wages & Bonus 67.2 Cr. 80.3% Employee Stock Option Expense 4.6 Cr. 5.5% 9% CAGR Other Employee Benefit Expe
Slide 33: Q1 FY26: Greenshoots (1/3)
Q1 FY26: Greenshoots (1/3) Continued high overall volume growth Customer Accounts (#) Customer Accounts - Net Addition Volume growth continues to be high FY23 FY24 FY25 32 Note: Customer Accounts are as on respective end of period.
Slide 34: Q1 FY26: Greenshoots (2/3)
Q1 FY26: Greenshoots (2/3) Accelerated India Growth due to vertical BU teams India Geo - Q1FY26 Account & Revenue Growth ● India BU growth continues to be robust 43% Revenue from India ● In Q1FY26, India accounts grew by 58% YoY and revenue grew by 15% YoY ● Primarily due to the growth initiatives m
Slide 35: Q1 FY26: Greenshoots (3/3)
Q1 FY26: Greenshoots (3/3) Volume growth starting in international customer segments as well YoY Revenue Growth YoY Account Growth FY 24 FY 25 Q1FY26 FY 24 FY 25 Q1FY26 India 14% 18% 15% 20% 65% 58% International 2% -6% -4% -5% 26% 25% In India, the volume growth accelerated from 20% YoY in FY24 to
Slide 36: Select Recent Growth Initiatives
Select Recent Growth Initiatives Over the last few quarters, we have been investing heavily across various growth initiatives spanning across sales, marketing and account expansion. Select initiatives where we are seeing good results and expect further acceleration are as follows: 1 Expanding Leads
Slide 37: Scaling Organic Search Traffic
1 Scaling Organic Search Traffic 1 Organic Search Traffic* (in millions) Scaling Organic Traffic & Inbound Leads Pipeline 3X ● We have built a large organic inbound traffic funnel, & it continues to increase ● Over 21 Million visits in FY25 ● In Q1FY26, this was 6.1million visits (~4x increase in 3
Slide 38: Tracxn Lite
2 Tracxn Lite #Tracxn Lite Signups1 ● Had launched Tracxn Lite ~last year for PLG (Product-Led Growth) to make the customers aware of the richness of the platform and drive product led growth ● Users get full platform access (with limitations such as restricted daily hits for profile views, exports
Slide 39: Specialised Teams (1/5)
3 Specialised Teams (1/5) Universities ● Specialized team with cumulative experience of over 20 years in selling to universities. Bulk of our relevant customer segments come from top universities globally. More than a revenue segment, universities are a good marketing and discovery channel for us ●
Slide 40: Specialised Teams (2/5)
3 Specialised Teams (2/5) Startups Accelerators & Incubators ● We continue to see high volume of inbound leads from ● Focusing on customers across private incubators, startups government incubators, universities and corporates ● Though they are served by the same platform, they have globally a diffe
Slide 41: Specialised Teams (3/5)
3 Specialised Teams (3/5) ● Specialised team for selling to IBs through both inbound & outbound Investment Bank ● In addition to increased coverage of private company financials and key ratios, VC & PE databases, we have recently launched investor contact details for this segment to further enable t
Slide 42: Specialised Teams (4/5)
3 Specialised Teams (4/5) Corporate Sales ● Specialized team focussed on users with corporate sales focus, typically looking to scout and analyze companies across sectors and geos for lead generation, market analysis, comps benchmarking, business development mandates, and more ● Augmenting data for
Slide 43: Specialised Teams (5/5)
3 Specialised Teams (5/5) Seeing good results from the specialised teams List of launched vertical sales units Startups Universities Investment Banks Accelerator & Venture Capital Sales Incubators Funds Mergers & Debt Events Acquisition We expect further acceleration in pace of customer growth and m
Slide 44: Increased Regulatory Data Coverage (1/4)
4 Increased Regulatory Data Coverage (1/4) Increasing Coverage of Private Company Financials Currently cover private company financials across 20+ countries # Financials Covered Major countries by coverage ● India ● Norway ● Australia ● United Kingdom ● Denmark ● Italy 6X ● Croatia ● Czech Republic
Slide 45: Increased Regulatory Data Coverage (2/4)
4 Increased Regulatory Data Coverage (2/4) Increasing Coverage of Private Company Captables Currently cover private company captables across 15+ countries # Companies with Captables Major countries by coverage 8X ● India ● United States ● Norway ● United Kingdom ● Australia ● Finland* ● Germany ● Ma
Slide 46: Increased Regulatory Data Coverage (3/4)
4 Increased Regulatory Data Coverage (3/4) Launched Legal Entities Database Currently over 60M+ legal entities across key geographies # Legal Entities (in millions) Major countries by coverage ● United States ● France ● United Kingdom ● Germany ● Japan ● Romania ● India ● Singapore ● Australia ● Can
Slide 47: Increased Regulatory Data Coverage (4/4)
4 Increased Regulatory Data Coverage (4/4) Building deeper coverage of Regulatory Data on private companies & legal entities Examples of a few regulatory datasets live as well as in pipeline Loans and Charges Patent Data Legal Cases Related Party Trademarks Data Bankruptcy Filings Transactions FDA A
Slide 48: AI in Data Production
5 AI in Data Production We continue to harness GenAI in data production yielding significant and promising results. We have been able to multiply & augment our datasets while reducing manual intervention and even shrinking headcount, which is a strong testament to our use of automation and intellige
Slide 49: Press Mentions
6 Press Mentions Increased Press Mentions Through various media partnerships, data contributions, reports, etc. 3,000+ Press Mentions across media* eg. Partnerships eg. Report coverage eg. Regular Columns in newspapers eg. Others 48 Note: (*) in FY25
Slide 50: FY25: Other KPIs (1/2)
FY25: Other KPIs (1/2) Customer Accounts (#) Users (#) Historical Annual Historical Annual 47% 41% 15% 15% CAGR CAGR #Accounts grew by 47%; YoY highest net account and user additions in FY25 49 Note: Customer Accounts and Users are as on respective end of period. YoY comparison over last 5 years
Slide 51: FY25: Other KPIs (2/2)
FY25: Other KPIs (2/2) Contract Price* Entities Profiled, on platform (in INR Cr.) (in millions) Historical Annual Historical Annual 51% 2% 19% CAGR 30% CAGR Rapid platform coverage expansion with a 51% YoY increase in entities profiled 50 Note: Entities Profiled are as on respective end of period (
Slide 52: Thanks
@Tracxn Thanks
Slide 53: Annexures
@Tracxn Annexures
Slide 54: Team Split
Team Split As on 30 June, 2025 Function Number of Employees Data Operations team across various data modules like financials, cap tables, transactions, company data, etc; Sector-focused Analyst team; and MyAnalyst Analysts and Data Operations 270 Support team Product and Technology 116 Engineering a
Slide 55: Source of Data
Source of Data Key sources of data: Mining, Curation, Standardization and Publicly available data about companies making it actionable using Technology 1 (company websites) & People Have build a Google for Companies at the backend, where we track & mine data of over 0.8Billion entities, Technology:
Slide 56: Rapid Pace Of Data Addition
Rapid Pace Of Data Addition Entities Profiled, on platform Web domains scanned, at backend (in millions) (in millions) 1.5M 66M 55
Slide 57: Key Business Strengths (1/2)
Key Business Strengths (1/2) Large, Growing Market & Rich ● More than 2,00,000 addressable organizations Customer segment ● We currently work with small single digit % of this market & remains largely untapped. ● Incremental cost to serve customers is very low High Operating Leverage & ● Offering is
Slide 58: Key Business Strengths (2/2)
Key Business Strengths (2/2) Low cost, content driven ● Content-based marketing helps us to acquire a high velocity of leads acquisition flywheel without having to spend on paid marketing. ● 22 million visits across all our public pages and over 3000 press mentions in prominent news media in FY25. D
Slide 59: Key Strategies
@Tracxn Key Strategies
Slide 60: Key strategies (1/2)
Key strategies (1/2) Ways to increase our account base Historical Growth ▪ Expanding sales, marketing & ▪ Channel partnerships customer success team ▪ Continue to grow Additional sales and marketing ▪ Referrals from existing representatives in geographies account base customers outside India ▪ Event
Slide 61: Key strategies (2/2)
Key strategies (2/2) Private Market AUM^ - (US$ Tn) Total Addressable Market^ - ($ Mn) Capitalize on industry 190 Mn to 200 From 52% to 65% Mn opportunities to CAGR % Combined market private companies 11.96 penetration of private expand coverage of worldwide. market data providers our customers in t
Slide 62: Detailed Financial Statements
Detailed Financial Statements 61
Slide 63: Profit & Loss Statement (1/2)
Profit & Loss Statement (1/2) Particulars Q4 FY25 Q3 FY25 Q4 FY24 FY25 FY24 Income Revenue from operations 21.14 21.39 20.32 84.47 82.77 Other income 0.03 0.05 0.03 0.28 0.31 Other gains/(losses) - net 1.55 1.45 1.23 5.62 3.96 Total Income 22.72 22.90 21.57 90.37 87.04 Expenses Employee benefit expe
Slide 64: Profit & Loss Statement (2/2)
Profit & Loss Statement (2/2) Particulars Q4 FY25 Q3 FY25 Q4 FY24 FY25 FY24 Profit / (loss) for the period (7.58) 1.42 1.43 (9.54) 6.50 Less: Other Income 0.03 0.05 0.03 0.28 0.31 Less: Other gains/(losses) - net 1.55 1.45 1.23 5.62 3.96 Add: Depreciation expense 0.04 0.04 0.04 0.11 0.17 Add: Curren
Slide 65: Balance Sheet (1/2)
Balance Sheet (1/2) Particulars As at March 31, 2025 As at March 31, 2024 ASSETS Non-current assets Property, plant and equipment 0.20 0.20 Intangible assets - - Income tax assets (net) 6.23 5.47 Deferred Tax Asset 5.67 21.21 Total non-current assets 12.10 26.88 Current assets Financial assets i. In
Slide 66: Balance Sheet (2/2)
Balance Sheet (2/2) Particulars As at March 31, 2025 As at March 31, 2024 EQUITY Equity share capital 10.65 10.35 Other equity Reserves and surplus 55.15 60.53 Total equity 65.80 70.89 LIABILITIES Non-current liabilities Employee benefit obligations 4.56 3.38 Contract liabilities 0.56 0.41 Total non
Slide 67: Cash Flow Statement (1/2)
Cash Flow Statement (1/2) Year ended Year ended Particulars 31 March 2025 31 March 2024 Cash Flow from Operating Activities: Net profit/ (loss) before Income Tax 6.62 8.68 Adjustment for: Depreciation expense 0.11 0.17 Net (gain)/ loss on disposal of Property, plant and equipment - 0.00 Net gains on
Slide 68: Cash Flow Statement (2/2)
Cash Flow Statement (2/2) Year ended Year ended Particulars 31 March 2025 31 March 2024 Cash Flow from Investing Activities: Payments for purchase of property, plant and equipment (0.12) (0.04) Proceeds from sale of property, plant and equipment - 0.03 Funds invested in bank deposits (0.11) 16.94 Pr
Slide 69: Definitions
Definitions (1) Customer Accounts refers to the distinct contracts entered into by our Company with each customer, at the time of measurement. A customer account may include access for a single or multiple number of Users. (2) Users refers to the number of activated user accesses on the platform at
Slide 70: Thank You
Company Information Address : 2nd Floor, L-248, 17th Cross, Sector 6, HSR Layout, Thank You Bangalore - 560102 CIN : L72200KA2012PLC065294 For any queries, please contact: Email ID : investor.relations@tracxn.com www.tracxn.com/investor-relations 69
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