About TranZact
TranZact is a company based in Mumbai (India) founded in 2017 by Sharad Sen Sharma, Ritesh Kumar, and Rohan Sen Sharma. TranZact has raised $8.09 million across 4 funding rounds from investors including Angel List, Wellfound and Tribe Capital. The company has 51 employees as of April 06, 2024. TranZact offers products and services including Inventory Management, Production Management, Material Resource Planning, and Sales Management. TranZact operates in a competitive market with competitors including Intuit, Infor, Visma, Xero and Wave, among others.
- Headquarter Mumbai, India
- Employees 51 as on 06 Apr, 2024
- Founders Sharad Sen Sharma, Ritesh Kumar, Rohan Sen Sharma
- Stage Minicorn
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Sectors
TechnologyIndustrial Goods & Manufacturing
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Email
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Phone
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Website
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Social
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- Legal Name Fcb Technologies Private Limited
- Date of Incorporation 02 Feb, 2016
- Jurisdiction Mumbai, Maharashtra, India
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Annual Revenue
$470.14 K (USD)0as on Mar 31, 2024
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Net Profit
-$1.66 M (USD)0as on Mar 31, 2024
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EBITDA
-$1.83 M (USD)0as on Mar 31, 2024
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Total Equity Funding
$8.09 M (USD)
in 4 rounds
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Latest Funding Round
$7 M (USD), Series A
Nov 02, 2021
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Investors
Angel List
& 20 more
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Employee Count
51
as on Apr 06, 2024
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Products & Services of TranZact
TranZact offers a comprehensive portfolio of products and services, including Inventory Management, Production Management, Material Resource Planning, and Sales Management.
Manages stock valuation, history, and alerts for manufacturers
Handles production planning and costing processes
Automates resource allocation for manufacturing operations
Streamlines sales orders and quotations efficiently
People of TranZact
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Funding Insights of TranZact
TranZact has successfully raised a total of $8.09M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $7 million completed in November 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in TranZact
TranZact has secured backing from 21 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Angel List, Wellfound and Tribe Capital.
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Early-stage investing in tech startups in India.
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Investments are made in global seed and early-stage startups.
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Venture capital fund focused on tech startups
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Investor details for TranZact
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Investments & Acquisitions by TranZact
Investment portfolio details for TranZact
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Financial Statements - TranZact
Detailed financials for TranZact
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Tranzact Comparisons
Peer comparison for TranZact
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Competitors of TranZact
TranZact operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Intuit, Infor, Visma, Xero and Wave, among others.
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Financial and accounting software is developed for businesses and individuals.
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Cloud-based ERP software is offered for multiple industries.
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Cloud-based ERP software is provided for business management across segments.
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Cloud-based accounting and payment management is offered for small businesses.
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Web-based accounting software is offered for business use.
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Cloud-based invoicing and accounting software is offered for businesses.
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Detailed competitors of TranZact
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Latest news on Tranzact
Complete news archive for TranZact
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Frequently Asked Questions about TranZact
TranZact was founded in 2017.
TranZact is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Ritesh Kumar is the current CEO of TranZact. They have also founded this company.
TranZact is a funded company, having raised a total of $8.09M across 4 funding rounds to date.
As of Apr 06, 2024, the latest employee count at TranZact is 51.
Annual revenue of TranZact is $470.14K as on Mar 31, 2024.
TranZact was founded in 2017 in Mumbai, India, as a provider of cloud-based software tailored for manufacturing operations. Inventory management, production planning, sales, and purchasing are facilitated through the platform. Features such as stock updates, process tracking, and integration with accounting software are included. Tools for report generation, transaction handling, and document creation are also offered to support business efficiency in the sector.
TranZact offers Inventory Management, Production Management, Material Resource Planning, and Sales Management.
TranZact has 21 investors. Key investors include Angel List, Wellfound, Tribe Capital, Kae Capital, and Gemba Capital.
The valuation of TranZact is $34.54M as of Nov 2021.