TranZact

TranZact, operated by FCB Technologies Private Limited and headquartered in Mumbai, is a cloud-based manufacturing operations platform that the company positions as a "Factory AI OS". The product covers sales, purchase, inventory, production and planning workflows, and adds an agentic AI layer intended to execute tasks rather than only record them: reading supplier invoices and photos, matching them against purchase orders, flagging rate mismatches, generating goods-receipt notes and purchase invoices, raising POs, updating inventory, scheduling production, following up on overdue payments and flagging margin or stock risks, with user confirmation before actions are committed.

The company describes its architecture as cloud-native on AWS with encryption and ISO 9001 and ISO 27001 compliance, with customer data hosted on Indian servers. It emphasises interfaces designed to be usable by floor operators, sales staff, accountants and owners without an IT team, and integrations with tools Indian manufacturers already use, including Tally, Busy, Zoho, Excel, WhatsApp and AfterShip. Onboarding is presented as a go-live in two to three weeks on existing processes, with master data configuration, BOM and process mapping, training sessions, full operations within about 90 days, and ongoing free support with a dedicated account manager.

Earlier public descriptions characterise TranZact as a business transformation tool that automates the workflow from customer enquiry to dispatch for manufacturing SMEs, aimed at digitising India's small and medium enterprises. The company states it serves manufacturers across engineering, electronics, chemicals, packaging, automotive, F&B, D2C and renewables, and says it has built a multi-year operational data graph from those deployments that underpins its AI layer.

Founding story

The company was founded by Ritesh Kumar, Sharad Sen Sharma and Rohan Sen Sharma, described as IIT and IIM graduates who focused on manufacturing, later joined by Adarsh Sikaria as CRO. The founders' stated ambition, discussed in a January 2022 Forbes India podcast, was to move 15 million SMEs from spreadsheets to the cloud [2][4].

Business model

B2B software sold to manufacturing companies, with a freemium entry point launched in 2020 and subscription revenue thereafter; implementation, training and lifetime support are bundled with the product [2][3][5].

Freemium and subscription software revenue [5][2].

Traction

The company states more than 10,000 manufacturers use the platform, a milestone it says it crossed in 2021, and reports customer-cited outcomes such as faster procurement and higher sales closure rates. Team size was reported at 40 in 2022 and at 21-40 employees on a startup directory profile [0][2][3][5].

Latest developments

TranZact has moved its web presence to letstranzact.ai and repositioned the product as a "Factory AI OS" with AI agents that execute sales, purchase, inventory, production and planning tasks; the company says agentic AI crossed the operations threshold in 2025 and that it will launch the AI-Run Factory in 2026 [0][1][2].