TRACXN FOUNDERS Neha Singh and Abhishek Goyal gave up their venture investing careers not because the husband-wife duo compulsively “wanted” to start up but because they came across a problem that was “compelling enough” for them to solve.
Back in 2012, before Singh and Goyal quit their respective jobs at Sequoia Capital and Accel India, data discovery around start-ups, especially in India, was a huge challenge. The internet economy was still finding its feet in mainstream conversations. Even though venture capital (VC) and private equity (PE) firms were on the lookout for interesting start-up bets, there was no fool-proof way to ascertain a company’s financial and operational health. “Start-ups were beginning to create impact but discovery was broken. Everything was manual,” Singh tells Business Today. Echoing her, Goyal says, “The way of discovering companies was very inefficient. So, we zeroed in on a white space that required an Indian presence and data curation.”
The public markets already had Bloomberg—a money-minting machine—and Singh and Goyal were
