TranZact
A-203, Kanakia Boomerang, Chandivali Farm Rd, Yadav Nagar, Chandivali, Powai, Mumbai, Maharashtra, 400072, India
Overview
TranZact offers a SaaS-based digital transformation tool that automates and digitizes end-to-end business processes for Indian SME manufacturers, from sales inquiry to dispatch. Its product streamlines purchase, inventory, sales, and quotation management and helps SMEs make data-driven operational decisions. The company says it is empowering over 10,000+ SME owners and pursues a product-led growth strategy with a target of onboarding over one million SMEs in the next 12 months. TranZact plans to use new funding for product innovations that simplify workflows, leverage evolving technology, and harness data. The startup also intends to invest in new talent and expand its team across all functions. Founders include Ritesh Kumar, Sharad Sen Sharma, and Rohan Sen Sharma.
- Total raised
- $7M
- Funding rounds
- 1
- Latest round
- Series A
- Latest activity
- Dec 2021
Industries
- B2B
- Enterprise Software
- FinTech
- Procurement
- Small and Medium Businesses
- Software
- Supply Chain Management
- Transaction Processing
Recent funding
Series A
Dec 2021
$7M