Startup Stories
TraqCheck, an emerging AI-driven enterprise HR startup, has secured $8 million in a Series A funding round led by IvyCap Ventures, with participation from IIFL. The fresh capital will accelerate the company’s expansion into European markets, enhance its suite of AI agents, and strengthen go-to-market strategies for enterprise clients.
Founded by Armaan Mehta and Jaibir Nihal Singh, TraqCheck is redefining recruitment through intelligent automation. Its AI-powered solutions streamline hiring workflows, covering talent sourcing, candidate screening, and background verification. Key products include Trace, an automated verification agent, and Nina, a conversational AI designed to identify and qualify top talent efficiently.
The platform is already gaining strong traction, with nearly 300 enterprise customers across India and Europe leveraging its capabilities. Earlier, in September, the startup had attracted investments from notable angel investors, including Peyush Bansal and Alok Oberoi.
With this latest funding, TraqCheck is well-positioned to scale innovation and strengthen its presence in the global HR tech ecosystem.