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 Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Growing a Business

This Entrepreneur Used AI to Transform Their Business and Create Multiple Revenue Streams — Here's Exactly How They Did It

There are five new ways entrepreneurs can make money with AI — and it takes less time than you think.

Growing a Business

Strategic Planning Doesn't Have to Be Complex — This Simple, 3-Part Framework Delivers Faster Results

This article outlines a practical, low-cost framework for entrepreneurs to build and execute strategy fast — focusing on clarity, focus and action.

News and Trends

ASUS Launches New AI Laptop Series; Targets India's Growing SME Sector

With robust design, AI integration, and business-grade performance, ASUS is placing a bold bet that SME users are ready for more

Marketing

5 Ways ChatGPT Will Impact Digital Marketing

ChatGPT is creating ripples across the digital landscape right now. Here are five ways it can benefit your ads, campaigns and marketing strategies.

Growing a Business

How a 'Finance Guy' and 'Restaurant Guy' Joined Forces to Invest in Over 55 Companies

Branded Hospitality's unique blend of friendship, investment focus and a 'it takes a village' mindset is helping brands grow with purpose.