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TranZact - About the company

TranZact is a series A company based in Mumbai (India), founded in 2017 by Ritesh Kumar, Sharad Sen Sharma and Rohan Sen Sharma. It operates as a Provider of cloud-based software for streamlining manufacturing business processes. TranZact has raised $8.09M in funding from Kae Capital and Tribe Capital, with a current valuation of *****. The company has 3569 active competitors, including 246 funded and 202 that have exited. Its top competitors include companies like Intuit, Deltek and Infor.

Company Details

Provider of cloud-based software for streamlining manufacturing business processes. The software facilitates management of inventory, production planning, sales, and purchasing. It offers features such as stock updates, process tracking, and integration with accounting software. The platform provides tools for generating reports, managing transactions, and creating documents.
Social
X
Email ID
*****@letstranzact.com
Phone Number
+91 **********
Registered Address
401 Building No. B-1, Boomerang Equity Busii Park CTS no.4, Chandivali Farm House, Kurla Near Hindustan Transmission Compound, Mumbai, Mumbai, Mumbai, Maharashtra, India, 400072
Key Metrics
Founded Year
2017
Location
Mumbai, India
Stage
Series A
Total Funding
$8.09M in 4 rounds
Latest Funding Round
Post Money Valuation
***** as on Dec 03, 2021
Investors
Ranked
Annual Revenue
0 - ₹10 Cr as on Mar 31, 2025
Employee Count
54 as on Aug 31, 2025
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TranZact's funding and investors

TranZact has raised a total funding of $8.09M over 4 rounds. Its first funding round was on Jul 13, 2017. Its latest funding round was a Series A round on Nov 02, 2021 for $*****. 16 investors participated in its latest round. TranZact has 15 institutional investors and 8 angel investors.

Here is the list of recent funding rounds of TranZact:lockFilter this list
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Nov 02, 2021
9566703
Series A
8450876
7084379
5119605
8658094
Dec 10, 2020
1764776
Seed
3773571
4177048
9029291
Aug 02, 2019
7252596
Seed
3948034
5294356
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TranZact's founders and board of directors

Founder? Claim Profile
The founders of TranZact are Ritesh Kumar, Sharad Sen Sharma and Rohan Sen Sharma. Ritesh Kumar is the CEO of TranZact.
Here are the details of TranZact's key team members:

TranZact's Board of Directors

TranZact's board has 3 active members. Ritesh Kumar, Sharad Sen Sharma and Rohan Sen Sharma are part of team.
Here is the list of TranZact's board of directors:
Name
Type
Representing
Status
Duration
Team
-
Current
10y 6m
Team
-
Current
10y 6m
Team
-
Current
10y 6m

TranZact's employee count trend

TranZact has 54 employees as of Aug 25. The total employee count is 17.0% lower than what it was in Aug 24. Here is TranZact's employee count trend over the years:
Employee count trend for TranZact
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TranZact's Competitors and alternates

Top competitors of TranZact include Intuit, Deltek and Infor. Here is the list of Top 10 competitors of TranZact, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Intuit
Intuit
1983, Mountain View (United States), Public
Provider of financial, accounting, tax preparation, and marketing automation software
-
83/100
2nd
Logo for Deltek
Deltek
1983, Herndon (United States), Acquired
Cloud based enterprise resource planning software provider for multi industries
$107M
81/100
3rd
Logo for Infor
Infor
2002, New York City (United States), Acquired
Cloud based ERP software for multi industries
$1.52B
79/100
4th
Logo for Pennylane
Pennylane
2020, Paris (France), Series E
Cloud-based financial management and accounting software platform
$442M
79/100
5th
Logo for ContaAzul
ContaAzul
2012, Joinville (Brazil), Acquired
Online accounting and invoicing solutions for SMBs
$40.9M
77/100
6th
Logo for FreeAgent
FreeAgent
2007, Edinburgh (United Kingdom), Acquired
Cloud-based accounting software for small businesses, freelancers, and accountants
$21.9M
76/100
7th
Logo for Xero
Xero
2006, Wellington (New Zealand), Public
Provider of accounting software and related tools for business management
-
75/100
8th
Logo for Wave
Wave
2010, Toronto (Canada), Acquired
Web-based accounting software for businesses
$82.4M
74/100
9th
Logo for Sage
Sage
1981, Newcastle Upon Tyne (United Kingdom), Public
Provider of cloud-based enterprise software solutions for accounting, finance, and people management
-
70/100
10th
Logo for Anna
Anna
2017, London (United Kingdom), Acquired
Cloud-based accounting management solutions for businesses
$88.3M
68/100
87th
Logo for TranZact
TranZact
2017, Mumbai (India), Series A
Provider of cloud-based software for streamlining manufacturing business processes
$8.09M
48/100
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TranZact's Latest cap tables and shareholding

Founders (largest shareholder) own 44.72%, Funds own 40.49%, Angels own 2.03% and ESOP Pool own 12.75%. The net worth of TranZact's founders is INR 117Cr as of Dec 03, 2021.
Shareholders Name
Post Round Holding %
Net worth
Cumulative Investment
Realised Returns
Unrealised Returns
Return Multiple
Founder
44.72%
117Cr
1313400
6935097
3393630
4631022
8902474
3493329
1875084
6622334
8383327
2491771
6310445
4281219
4190541
1381114
5704281
3386328
1338627
2799383
2684342
5981301
2533807
6063850
Fund
40.49%
106Cr
3892578
8792602
8564526
9195138
2388914
9093732
4624741
3936316
3484618
3401808
2299247
8790871
8784108
6170372
4799763
4309477
75540
30780
42537
72001
79320
77971
Angel
2.03%
5.31Cr
11
77
95
90
6
8
3
2
6
2
0
0
0
0
0
0
ESOP Pool
12.75%
33.3Cr
3788560
8462635
7890798
7897652
Total
100.00%
261Cr
8353426
9300239
9800559
3588858
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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.
Disclaimer
View more details of TranZact's Shareholding

TranZact's Investments and acquisitions

TranZact has made no investments or acquisitions yet.

Reports related to TranZact

Here is the latest report on TranZact's sector:

News related to TranZact

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