How this next-gen trading app went from 1.5 lakh users to SEBI approval — and what it means for Indian investors
If you’re tired of clunky, complicated stock trading apps, here’s a fresh player you need to watch: Trackk, a Mumbai-based trading platform that just raised a cool $1 million in seed funding from top investors including Mga Ventures, GSF Ventures, GNP Group, and Paras Defence.
The Funding That’s Set to Turbocharge Trackk’s Growth
Before this big seed round, Trackk had already raised $100K in pre-seed capital from Maahavir Ventures — but this fresh infusion is a gamechanger. With the new funds, Trackk plans to scale its team, boost technology, and dramatically enhance the user experience.
SEBI Approval Unlocks New Doors for Trackk
Here’s the kicker: Trackk recently got the green light from SEBI (Securities and Exchange Board of India) to operate as a brokerage on India’s two biggest exchanges — the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE). This regulatory nod is a massive milestone, paving the way for Trackk to offer full-fledged brokerage services.
From Authorised Person to Full Brokerage — Trackk’s Rapid Rise
For over three years, Trackk functioned as an Authorized Person, quietly building an impressive community of more than 1.5 lakh registered users and facilitating over 6,000 trades every single day.
This solid foundation gave Trackk deep insights into trader behavior and preferences, helping the team craft a product tailored for India’s growing base of retail investors.
What Makes Trackk Different?
Co-founded in 2021 by Vedant Gupte, Aryan Jain, and Siddharth Thakkar, Trackk is a next-gen trading app designed for simplicity and insight. Some of its standout features include:
- Single-screen trading: Discover stocks and execute trades without switching between multiple screens
- Behavioral insights: Trackk helps users understand their trading patterns to make smarter decisions
- User-first design: Built to be intuitive for both beginners and experienced traders
What’s Next for Trackk?
With SEBI’s nod and fresh capital, Trackk is gearing up to expand aggressively. Expect:
- New features for smarter trading
- Enhanced mobile and web experiences
- A stronger team pushing tech innovation
The startup’s goal? To become India’s go-to app for seamless, informed stock trading.
Why You Should Care
As India’s stock market sees record participation from retail investors, platforms like Trackk could redefine how the average Indian trades — making it faster, easier, and smarter. This startup’s rapid growth and investor backing signal a new wave of trading tech designed specifically for Indian users.