Startup research platform Tracxn has launched TracxnSecondary, a secondary marketplace which facilitates secondary transactions, thus helping the angel investors to exit.

TracxnSecondary does this by connecting the shareholders of private companies with institutional investors.

In today’s dynamic startup ecosystem, angel investors play a pivotal role in accelerating innovation through their early bets in promising and new-age companies but at the same time, as start-ups take at least 8-10 years to either go public, or get acquired, they are challenged with especially long waiting periods to liquidate their shares, which could have been used to fund the next big idea.

Through TracxnSecondary, shareholders of proven, private companies will get liquidity for their illiquid company stocks, said the company in a statement.

“Tracxn is focused towards accelerating innovation within the ecosystem - firstly through our research platform, and now by enabling the completion of transactions. Angels provide the much needed initial capital. However as startups mature, many more institutional investors are willing to invest but may always get the opportunity. Through TracxnSecondary, angels can transact with these institutional investors. This in turn will help redeploy capital into new ideas.” says Neha Singh, CEO & Founder, Tracxn.

Besides providing early stage investors more exit options, TracxnSecondary will also help investors to access highly investable areas across geographies, thereby making secondary market transactions easier.

According to Abhishek Goyal, Founder, Tracxn, “We work closely with more than 200 funds globally. There is a huge interest in investing in startups from emerging markets, and in buying secondary stocks. We aim to bridge this gap through TracxnSecondary - and help them connect with early angels.”

TracxnSecondary will also aid employees at pre-IPO companies to connect with private investors and sell their employee stocks.

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