TranZact
13 known investors
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Mumbai-based SaaS company helping Indian SMEs digitise operations from customer inquiry through dispatch.
Also known as TranZact
Founders & leadership
Investors · 13
Also in the syndicate · 10
Funding
SEC filings, press & company announcements$14M disclosed across 2 of 3 rounds · 2021
Source: company announcements and press reports — follow each round's link for the claim.
Company profile
researched Aug 2026TranZact is a software-as-a-service company based in Mumbai, India, that serves small and medium enterprises. Its platform helps SMEs digitise and automate business operations spanning the workflow from customer inquiry to dispatch, including inventory, purchase, sales and quotation management. The company positions the product as a way for smaller manufacturers and traders to make data-driven operating decisions without the complexity and capital outlay associated with traditional enterprise software.
The founders have described an ambition to move roughly 15 million SMEs off spreadsheets and onto cloud-based tools, and a longer-term intent to build an intelligence layer on top of the SaaS platform to create a transaction-backed marketplace where SMEs can discover customers, suppliers, financing partners and logistics partners, and access other value-added services.
Founding story
TranZact was established in 2017 and was co-founded by Ritesh Kumar, Sharad Sen Sharma and Rohan Sen Sharma.
Business model
TranZact provides a cloud-based software platform to small and medium enterprises, pursuing a product-led growth approach to onboarding customers at scale.
Traction
As of December 2021, the company said it had onboarded more than 20,000 SMEs since its founding in 2017.
Latest developments
In December 2021 TranZact announced a $7 million Series A round led by Tribe Capital, earmarked for product-led growth, product innovation and team expansion.
▸Full profile — market position, technology, go-to-market, geography, history
Market position
Operates in the Indian SME digitisation software market, where the company notes that SMEs have historically been slow to adopt technology and are increasingly seeking simple, quick-to-implement tools rather than complex, capital-intensive systems.
Technology
A cloud-based SaaS platform covering business operations from customer inquiry to dispatch, including inventory, purchase, sales and quotation management, with a stated roadmap to add an intelligence layer enabling a transaction-backed marketplace.
Go-to-market
The company stated it would use its Series A proceeds to accelerate product-led growth, targeting the onboarding of over one million SMEs within 12 months, alongside product innovation and hiring across functions.
Indian small and medium enterprises, with reported adoption in the industrial, electrical and electronics, chemical and packaging sectors.
Geography
Headquartered in Mumbai, India, serving Indian SMEs.
History
Founded in 2017 in Mumbai, TranZact reported having onboarded more than 20,000 SMEs by December 2021, when it raised a $7 million Series A round led by Tribe Capital with participation from Prime Venture Partners, Gemba Capital, existing investor Kae Capital and a group of angel investors. In January 2022 its co-founders discussed the company's plans publicly, describing a goal of shifting large numbers of Indian SMEs from spreadsheets to cloud software.
Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Founder mafia
2 people who came through TranZact went on to found or lead other companies.
Timeline · 1
launches, deals, and filingsSME-focused SaaS startup TranZact raised $7 million in Series A funding led by Tribe Capital, with participation from Prime Venture Partners, Gemba Capital, existing investor Kae Capital and multiple angel investors, to fund product-led growth, product innovation and hiring.
$7M source ↗
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
In the news
▸Research sources · 8
primary sources listed
- TranzAct Technologiestranzact.com · web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does TranZact do?
- Mumbai-based SaaS company helping Indian SMEs digitise operations from customer inquiry through dispatch.
- Who founded TranZact?
- TranZact was founded by Ritesh Kumar, Rohan Sen Sharma.
- Who are TranZact's investors?
- TranZact's investors include Kae Capital, Prime Venture Partners, Tribe Capital.
- How much funding has TranZact raised?
- TranZact has disclosed $14M raised across 2 of its 3 known rounds.