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.
Money & Finance

Make Money on Autopilot With These 5 Smart Passive Income Ideas

Five innovative ways to earn money even when you're sleeping.

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.

Business Process

5 'Boring' Processes That Make Tech Companies Wildly Successful (and Will Work For Your Small Business, Too)

Implementing these five tech practices can transform your small business.

Leadership

6 Creative Ways to Improve Internal Communications at Work

These creative internal communication hacks could be the secret weapon your team needs to boost productivity and actually enjoy staying in the loop.

Leadership

Why 18 Minutes of Your Day Can Make You Better Than 95% of People

What if I told you that's all you need to surpass 95% of people in any skill? With 18 minutes of focused, consistent effort each day, you can turn small moments into massive progress.

News and Trends

Recur Club Announces Credit Offerings for Startups Beyond Series A and SMEs

In FY 24–25, the platform also plans to deploy an additional INR 2000 crores through its Recur Swift program for startups.