Investment marketplace LetsVenture-owned Trica, which is a software products platform for equity management, Thursday said it has raised $3 million in a seed funding round from Accel, LC Nueva AIF, Secocha Ventures.
Other angel investors, including Anupam Mittal (Shaadi.com), Kunal Shah (CRED), Ashneer Grover (BharatPe), and family offices of Apurva Parekh of Pidilite, Rahul Talwar of the DLF Group, participated in the financing.
Nimesh Kampani, a former executive at LetsVenture, is the co-founder and CEO of Trica, while LetsVenture co-founders Shanti Mohan and Sanjay Jha will be the head of strategy and head of product for the startup, respectively.
Trica will use the capital raised to build a technology infrastructure stack for the equity management product and to scale and grow the team.
“With Trica, we now aim to be the market leader in equity management, primary fundraising and liquidity solutions at the growth stage of the market, thereby becoming a one-stop-technology led full-stack platform for founders,” said Shanti Mohan, CEO, LetsVenture.
INDIA DEAL MONITOR
Here are prominent venture capital transactions in India announced from October 4-7, 2021.
