When was TraceX founded?

TraceX was founded in 2019 and raised its 1st funding round 1 year after it was founded.

Where is TraceX located?

TraceX is headquartered in Bengaluru, India. It is registered at 113, Gudi Hatti, 6th Cross, E-Block, Krishna Garden, Pattanagere, RR Nagar, Bangalore, BANGALORE, Karnataka, India, 560059.

Who is the current CEO of TraceX?

Srivatsa Turvekere Sreenivasarao of TraceX. They have also founded 1 company.

Which legal entities is TraceX associated with?

TraceX is associated with TRACEX TECHNOLOGIES PRIVATE LIMITED.

How many employees does TraceX have?

As of Aug 31, 2025, the latest employee count at TraceX is 24.

Is TraceX a funded company?

TraceX is a funded company, having raised a total of $1.19M across 5 funding rounds to date. The company's 1st funding round was a $***** Angel round, raised on Jan 31, 2020.

How much is TraceX worth?

The latest valuation of TraceX is $***** as of Feb 01, 2023. This marks a decline of 2% from its peak valuation of $4.81M in Jan, 2020. This marks a decline of 2% from its peak valuation of $4.81M in Jan, 2020.

When was the latest funding round of TraceX?

TraceX's latest funding was a $***** Seed round on Mar 31, 2022, with participation from 5 investors. Its primary sector is SCM Software. In India, the SCM Software sector has seen $102M in funding in 2026 to date.

What is the annual revenue of TraceX?

Annual revenue of TraceX is less than ₹10 Cr as on Mar 31, 2025

Where does TraceX rank among its competitors?

TraceX ranks 246th amongst 3417 active competitors, of which 359 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Behavox, which secured $175M in Jun, 2026.

Who are the top competitors of TraceX?

TraceX's top competitors include Thomson Reuters, Behavox and EcoVadis. Among them, Behavox secured the most recent funding round in June, 2026.

TraceX - 2026 Company Profile, Team, Funding, Competitors & Financials

TraceX is a seed company based in Bengaluru (India), founded in 2019 by Nadig Dattatri Anil and Srivatsa Turvekere Sreenivasarao. It operates as a Provider of blockchain-powered platforms for supply chain transparency and compliance. TraceX has raised $1.19M in funding from investors like Social Alpha, Indigram labs and NABVENTURES, with a current valuation of $*****. The company has 3417 active competitors, including 359 funded and 150 that have exited. Its top competitors include companies like Thomson Reuters, Behavox and EcoVadis.

Company Details

Provider of blockchain-powered platforms for supply chain transparency and compliance. The company offers platforms for regulatory compliance, sustainable sourcing, and digital measurement, reporting, and verification. These platforms digitize supply chains, ensure regulatory compliance, and enable circular economy outcomes. The company provides solutions for food traceability, farm management, and sustainability across various industries.

Website: tracextech.com
Social
Email ID: *****@tracextech.com
Phone Number: +91 **********
Registered Address: 113, Gudi Hatti, 6th Cross, E-Block, Krishna Garden, Pattanagere, RR Nagar, Bangalore, BANGALORE, Karnataka, India, 560059

Key Metrics

Founded Year

2019

Location

Bengaluru, India

Stage

Seed

Total Funding

$1.19M in 5 rounds

Latest Funding Round

Seed, Mar 31, 2022, $*****

Post Money Valuation

$***** as on Feb 01, 2023

Investors

Social Alpha & 17 more

Ranked

246^th among 3417 active competitors

Annual Revenue

0 - ₹10 Cr as on Mar 31, 2025

Employee Count

24 as on Aug 31, 2025

Similar Companies

Superplum & 795 more

View TraceX's full profile

TraceX is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
TRACEX TECHNOLOGIES PRIVATE LIMITED CIN: U72900KA2019PTC127455 , India, Active	Aug 28, 2019	0 - ₹10 Cr (As on Mar 31, 2025)	19 (As on May 01, 2026)

TraceX has raised a total funding of $1.19M over 5 rounds. Its first funding round was on Jan 31, 2020. Its latest funding round was a Seed round on Mar 31, 2022 for $*****. 5 investors participated in its latest round. TraceX has 8 institutional investors and 10 angel investors.

Here is the list of recent funding rounds of TraceX:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 31, 2022	7552382	Seed	6686009	5163749	8971954	5429329
Nov 01, 2021	8292146	ICO	8953793	1859380	4620074	9848642
Jun 30, 2021	7635884	Grant (prize money)	7688860	7249690	Social Alpha	Cisco

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View details of TraceX's funding rounds and investors

The founders of TraceX are Nadig Dattatri Anil and Srivatsa Turvekere Sreenivasarao. Srivatsa Turvekere Sreenivasarao is the CEO of TraceX.

Here are the details of TraceX's key team members:

Nadig Dattatri Anil: Former Co-Founder of TraceX and founder of 1 other company. They serve on the boards of 2 companies.
Contact Info: 1 email address and 1 phone number
Srivatsa Turvekere Sreenivasarao: Founder & CEO of TraceX and founder of 1 other company. They serve on the boards of 2 companies.
Contact Info: 1 phone number

TraceX's Board of Directors

TraceX's board has 3 active members. Nadig Dattatri Anil and Srivatsa Turvekere Sreenivasarao are part of team and Rohini Chikkanayakanahalli Anantharam is independent board member.

Here is the list of TraceX's board of directors:

Name	Type	Representing	Status	Duration
Nadig Dattatri Anil	Team	-	Current	7y 1m
Srivatsa Turvekere Sreenivasarao	Team	-	Current	7y 1m
Rohini Chikkanayakanahalli Anantharam	Independent board member	-	Current	2y 2m

View details of TraceX's Founder profiles and Board Members

TraceX's employee count trend

TraceX has 24 employees as of Aug 25. The total employee count is the same as what it was in Aug 24. Here is TraceX's employee count trend over the years:

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Top competitors of TraceX include Thomson Reuters, Behavox and EcoVadis. Here is the list of Top 10 competitors of TraceX, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Thomson Reuters 2008, Toronto (Canada), Public	Cloud based legal enterprise management and data services for businesses	-	Owl Capital Group, MidOcean Partners & 5 others	75/100
2nd	Behavox 2014, London (United Kingdom), Series C	Provider of AI-driven platform for regulatory compliance and risk management	$343M	Citi, SoftBank Vision Fund & 32 others	72/100
3rd	EcoVadis 2007, Paris (France), Series D	Provider of supply chain sustainability risk assessment and management platform	$732M	Astorg Partners, Bain & Company & 10 others	69/100
4th	TrusTrace 2016, Stockholm (Sweden), Series B	Provider of a platform for supply chain traceability and compliance	$30M	Industrifonden, Circularity Capital & 5 others	66/100
5th	OnFinance AI 2023, Bengaluru (India), Seed	Developer of artificial intelligence agents for automated regulatory compliance management	$5.25M	Haystack, Indian Angel Network & 73 others	66/100
6th	Truv 2020, Miami (United States), Acquired	Cloud-based platform for employee background verification	$28.5M	Kleiner Perkins, Chapter One & 8 others	65/100
7th	FiscalNote 2013, Washington, DC (United States), Public	Provider of policy tracking, digital advocacy, and government relations software	$188M	Visionnaire Ventures, Runway Growth Capital ... & 65 others	65/100
8th	Thoropass 2019, New York City (United States), Series C	Platform offering integrated compliance management solutions	$98M	Canapi Ventures, J.P. Morgan Asset Management ... & 14 others	63/100
9th	ScanTrust 2014, Beijing (China), Series A	Counterfeiting protection for retailers and brands	$5.53M	Orbit Ventures, Credit Suisse Entrepreneur Capital ... & 22 others	63/100
10th	Secureframe 2020, San Francisco (United States), Series B	Cloud-based compliance management solution provider	$79M	Kleiner Perkins, Gradient Ventures & 39 others	63/100
246th	TraceX 2019, Bengaluru (India), Seed	Provider of blockchain-powered platforms for supply chain transparency and compliance	$1.19M	Cisco, NABVENTURES & 16 others	39/100

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Founders (largest shareholder) own 63.47%, Funds own 21.48%, Enterprises own 0.71% and Angels own 6.96%. The net worth of TraceX's founders is INR 24.7Cr as of Jan 03, 2023. The cap table displayed below is for TRACEX TECHNOLOGIES PRIVATE LIMITED which is the legal entity associated with TraceX.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Founder	63.47%	24.7Cr	4264616	4972410	3277361	4716888
Nadig Dattatri Anil	3857003	7138971	2794897	4527658	7573671	6401067
Srivatsa Turvekere Sreenivasarao	1858925	1225197	1497370	5468761	7263381	1369537
Fund	21.48%	8.35Cr	7629523	4460893	9275540	4648808
NABVENTURES	5462697	6007883	4526530	9997517	8273008	2017334
Paipal Ventures	95	52	39	20	49	84
Indigram labs	29	78	47	87	36	74
Enterprise	0.71%	27.7L	0	0	0	0
Angel	6.96%	2.7Cr	298227	417487	649462	946739
Suresh Kumar Babji	0	0	0	0	0	0
Sumit Khadria	0	0	0	0	0	0
ESOP Pool	7.38%	2.87Cr	6163173	5123077	7689506	9093095
Total	100.00%	38.9Cr	2592306	8537066	9797757	2609607