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TraqCheck raises funding from Caret Capital and Peyush Bansal's family office

IndianStartupNewsIndianStartupNews · 7m
TraqCheck raises funding from Caret Capital and Peyush Bansal's family office

Startup TraqCheck has raised an undisclosed amount of funding from Caret Capital and Culture Cap to further develop its AI-based employee background verification platform. Founded in 2020, TraqCheck aims to transform the traditional background verification market by leveraging AI to enhance hiring processes, making them faster, more cost-effective, and accurate. The startup currently serves over 200 corporate clients, including Bajaj Capital and Reliance Retail, and plans to expand globally within the next few years. Caret Capital highlighted the growing demand for instant background verification services, particularly as industries rely more on gig workforces and on-demand human resources.

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