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Angel Investor (Individual)

Investments

4

About Devendra Rane

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Latest Devendra Rane News

TranZact scoops up $7 Mn in Series A round

Dec 16, 2021

SaaS platform TranZact has raised $7 million in a Series A funding round led by Tribe Capital with participation from Prime Venture Partners, Gemba Capital and existing investor Kae Capital. Angel investors also participated in the round including Suhail Sameer, Sriram Krishnan, Devendra Rane, Giridhar Malpan, and Krishna Khandelwal. TranZact will use the fresh capital for product innovations and expand its team across all functions. Founded in 2017 by Ritesh Kumar, Sharad Sen Sharma & Rohan Sen Sharma, , TranZact is helping Indian SMEs digitize and automate their entire business operations -from customer inquiry to dispatch. It helps SMEs make data driven decisions for business operations and focus on growth by streamlining Inventory, Purchase, Sales & Quotation management processes. According to the Mumbai-based startup it has on-boarded more than 20,000 SMEs across industrial, electrical, and electronics, chemical, and packaging sectors and is currently recording monthly transactions worth over $150 million.

Devendra Rane Investments

4 Investments

Devendra Rane has made 4 investments. Their latest investment was in TranZact as part of their Series A on December 12, 2021.

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Devendra Rane Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

12/16/2021

Series A

TranZact

$7M

Yes

9

5/31/2021

Seed VC

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$99M

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10

8/25/2016

Angel

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10

2/21/2016

Seed VC

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$99M

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10

Date

12/16/2021

5/31/2021

8/25/2016

2/21/2016

Round

Series A

Seed VC

Angel

Seed VC

Company

TranZact

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Amount

$7M

$99M

$99M

New?

Yes

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Co-Investors

Sources

9

10

10

10

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