TranZact: Funding, Investors & Team (Aug 2026)
TranZact is a cloud based peer-to-peer business network facilitating all kinds of transactions between businesses including discovery, end to end procurement and supply chain financing. For small suppliers, TranZact offers free e-Invoicing, faster payments and visibility on account receivables. For big buyers, we enable them to have more control and visibility over their entire procurement work so that they can work more efficiently and economically. TranZact aims to change how businesses do transactions with each other. With capability of handling complete Procure to Pay process, TranZact can make businesses much more efficient and save millions of dollars for them.
TranZact has raised $7.0M across 1 funding round on record, the most recent a Series A of $7.0M announced in Dec 2021.
That round is below the $14M median round size for Financial Services companies tracked on FundedIQ over the last two years.
TranZact Company Profile and Key Stats
Latest funding round on record: Dec 2021.
TranZact Funding Rounds
TranZact Founders and Leadership Team
Contact details for the TranZact team: 1 of 1 has an email address on file.
Start 14-day free trial →TranZact Funding Compared to Other Financial Services Startups
TranZact's latest round of $7.0M is below the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.
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TranZact Funding FAQs
What does TranZact do?
TranZact is a cloud based peer-to-peer business network facilitating all kinds of transactions between businesses including discovery, end to end procurement and supply chain financing. For small suppliers, TranZact offers free e-Invoicing, faster payments and visibility on account receivables. For big buyers, we enable them to have more control and visibility over their entire procurement work so that they can work more efficiently and economically. TranZact aims to change how businesses do transactions with each other. With capability of handling complete Procure to Pay process, TranZact can make businesses much more efficient and save millions of dollars for them.
How much funding has TranZact raised?
TranZact has raised $7.0M across 1 round on record. The most recent is a Series A of $7.0M announced in Dec 2021.
When did TranZact last raise funding?
TranZact's most recent funding round on record is a Series A of $7.0M, announced in Dec 2021.
Who is the CEO of TranZact?
Ritesh Kumar is listed as CEO at TranZact.
Where is TranZact headquartered?
TranZact is based in Mumbai, Maharashtra, India.
How many employees does TranZact have?
TranZact is in the 11-50 employee band.
How does TranZact's funding compare to other Financial Services startups?
TranZact's latest round of $7.0M is below the $14M median round size for Financial Services companies on FundedIQ across 5,745 tracked companies over the last two years.
About FundedIQ's TranZact Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for TranZact is left off this page rather than filled in.
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