TRACXNNSE26 May 2025

Tracxn Technologies Limited has informed the Exchange about Investor Presentation

Tracxn Technologies Limited

Email: investor.relations@tracxn.com Ph: +91 90360 90116 Website: www.tracxn.com

May 26, 2025

To, BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai – 400 001 Scrip Code: 543638

Dear Sir/Madam,

To, National Stock Exchange of India Ltd. Exchange Plaza, Plot no. C/1, G Block, Bandra-Kurla Complex Bandra (E), Mumbai - 400 051 Scrip Code: TRACXN

Sub: Intimation of Investor Presentation for the quarter and year ended March 31, 2025.

This is in continuation to our letter dated May 21, 2025 wherein we had informed regarding an Earnings Call scheduled with Analysts / Investors on Monday, May 26, 2025 at 5:00 P.M. (IST) to discuss the Audited Financial Results for the quarter and year ended March 31, 2025.

Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended, please find enclosed herewith the Investor Presentation for the said Earnings Call.

This is for your information and records.

Thanking You.

Yours faithfully, For Tracxn Technologies Limited

Surabhi Pasari Company Secretary and Compliance Officer Membership No. F11215

Encl. A/a

TRACXN TECHNOLOGIES LIMITED | CIN: L72200KA2012PLC065294 Registered Address: No. L-248, 2nd Floor, 17th Cross, Sector 6, HSR Layout, Bengaluru, Karnataka, 560102

Private Market Intelligence Platform

Q4 FY25 Investor Presentation 26th May 2025

Disclaimer

By attending this presentation including the commentary by the Company management and the transcript of the same, together (“Presentation”) and/or accepting a copy of it, you agree to be bound by the foregoing limitations and conditions:

This Presentation is prepared by Tracxn Technologies Limited (“Company”) solely for information purposes and does not constitute an offer, solicitation, recommendation, or invitation to purchase or subscribe for any securities and shall not form the basis of or be relied on in connection with any contract or binding commitment whatsoever. This Presentation does not consider, nor does it provide any tax, legal, or investment advice or opinion regarding the specific investment objectives or financial situation of any person. This Presentation may not be copied, reproduced, summarised, disseminated, or redistributed to any other person in any manner whatsoever without the Company’s prior consent in each instance. This Presentation has not been and will not be reviewed or approved by any regulatory authority or by any stock exchange in India. No rights or obligations of whatsoever nature are created or shall be deemed to be created by the contents of this Presentation.

The Company, its affiliates, shareholders, directors, employees, or advisors do not make any representation or warranty, expressed or implied, and no undue reliance should be placed on the accuracy, fairness, or completeness of the information contained in this Presentation. The Company, nor any of its advisers or representatives accepts any liability whatsoever for any actual or consequential loss or damages howsoever arising from the provision or use of any information contained in this Presentation. The information contained in this Presentation should be considered in the context of the situations prevailing at the time when the Presentation was made and are to be read in conjunction with the company’s financial results, uploaded on the Stock Exchanges where the Company is listed. The Company expressly disclaims any obligation or undertaking to supplement, publicly amend or disseminate any updates or revisions to any information/statement contained in the Presentation to reflect any change in events, conditions, or circumstances including economic, regulatory, market, and other developments on which any such information is based.

This Presentation may contain, words or phrases that are forward-looking statements that involve risks and uncertainties and are based on certain beliefs, plans, and expectations of the Company. Although the Company believes that such forward-looking statements are based on reasonable assumptions, it can give no assurance that such expectations will be met. Actual future performance, outcomes, and results may differ materially from those expressed in forward-looking statements because of several risks, uncertainties including but not limited to our ability to implement our strategy successfully, the market acceptance of and demand for our offering, technological changes, volatility in global capital markets, pandemic and international and domestic events having a bearing on the Company’s business. You must not place undue reliance on these forward-looking statements, which are based on the current views of the Company’s management.

The operating metrics reported in this Presentation are calculated using internal Company data based on the operational activities. While these numbers are based on what the Company believes to be reasonable estimates for the applicable period of measurement, there are inherent challenges in measuring across some operational metrics. The methodologies used to measure these metrics require considerable judgment and are also susceptible to an algorithm or other technical errors. The Company systematically reviews its processes for calculating these metrics from time to time and may discover inaccuracies in the metrics or may make adjustments to improve their accuracy, which can result in adjustments to previously disclosed metrics. In addition, the Company metrics may differ from estimates published by third parties due to differences in methodology.

To facilitate understanding, some non-GAAP metrics are used and financial amounts are converted from ₹ Lakhs into ₹ Crores for this Presentation hence, there could be some totalling anomalies in the numbers.

Tracxn Overview

Tracxn is a Data & Software platform for the Private Markets globally

We work with Venture Capital Firms, Private Equity Firms, Investment Banks - as well as M&A & Innovation teams of large Corporates

Global Platform, customers span 50+ countries

Q4 & FY25 Financial Performance

Q4 FY25: Financial Performance Summary Continued growth in Volume and Deferred Revenue

REVENUE

PROFITABILITY

OTHER

Revenue from Operations

EBITDA (EBITDA Margin)

Customer Accounts (#)

@Neha -

PAT changed from -0.8 Cr. to 0.5 Cr.

PAT Margin changed from -3.8% to

2.6%

-3.9%

YoY decline from 2.2Cr. to 0.9 Cr.

EBITDA margin moved from -3.8% to

After changes in DTA reversal/ Adjustment

21.1 Cr.

4.1% YoY

Total Income

22.7 Cr.

5.3% YoY

In INR

-0.8 Cr. (-3.9%)

1.5 Cr. YoY

1,926

46.8% YoY

PAT1 (PAT Margin1)

Deferred Revenue*

0.5 Cr. (2.6%)

0.9 Cr. YoY

37.5 Cr.

14.0% YoY

NS (for discussion)

Should we be giving

adj EBITDA or cash

EBITDA?

Note: (1) PAT for Q4 FY25 is excluding deferred tax adjustments (*) Including proforma bills wherein invoice is to be raised after payment is received

FY25: Financial Performance Summary Continued growth in Volume, Deferred Revenue and Cash

REVENUE

PROFITABILITY

CASH

OTHER

Revenue from Operations

EBITDA (EBITDA Margin)

Free Cash Flow1

Customer Accounts (#)

84.5 Cr.

0.8 Cr. (1.0%)

2.1% YoY

3.8 Cr. YoY

14.3 Cr.

4.1 Cr. YoY, up from FY24

1,926

46.8% YoY

@Neha -

Cr.

to 5.8%

PAT changed from 3.6 Cr. to 4.9

PAT Margin changed from 4.3%

YoY decline from 2.9Cr. to 1.6

After changes in DTA reversal/

Adjustment

Total Income

90.4 Cr.

4.9 Cr. (5.8%)

3.8% YoY

1.6 Cr. YoY

In INR

PAT3 (PAT Margin3)

Cash & Cash Equivalent1,2

Deferred Revenue*

94.6 Cr.

25.7 % YoY 19.4 Cr. YoY

37.5 Cr.

14.0% YoY

Note: (1) Free Cash Flow and Cash & Cash equiv. excludes tax amounts received from employees against ESOP exercise as on 31st Mar 2025 (2) Cash & Cash equiv. = Cash & Cash equiv., Investments & FDs as on 31st Mar 2025 (3) PAT for FY25 is excluding deferred tax adjustments (*) Including proforma bills wherein invoice is to be raised after payment is received

FY25: Revenue Growth

Revenue from Operations (in INR Cr.)

Historical Annual

24% CAGR

Total Income (in INR Cr.)

Historical Annual

24% CAGR

Note: (*) Total Income excludes Fair value gain/ (loss) on CCPS for FY21

FY25: Profitable Operations - EBITDA & PAT

EBITDA (in INR Cr.)

Historical Annual

PAT1 (in INR Cr.)

Historical Annual

EBITDA Margin

Historical Annual

Excluding non-cash ESOP expense this is 5.5 Cr for FY 25

PAT Margin1

Historical Annual

Excluding non-cash items - ESOP exp. and deferred tax, this is 10.8 Cr for FY 25

Note: (1) PAT for FY25 is excluding deferred tax adjustments; (*) Excluding Fair value gain/ (loss) on CCPS for FY21

NS (for discussion)

Adjusted numbers

FY24 were 9.4Cr

and 11.3Cr.

NS Comment:

Does this PAT

include any

large item apart

from non-cash

ESOP expense?

@Neha - PAT changed from

3.6 Cr. to 4.9 Cr.

PAT Margin changed from

4.3% to 5.8%

YoY decline from 2.9Cr. to 1.6

Cr.

After changes in DTA reversal/

Adjustment

Incremental Revenue going into Bottomline

Revenue from operations

Incremental Revenue from Operations (Δ)

EBITDA

Incremental EBITDA (Δ)

FY 25

84.5

+1.7

0.8

(3.8)

Historical Annual:

FY 21

FY 22*

FY 23*

FY 24

43.8

+6.4

(17.1)

+5.4

63.5

+19.7

(1.9)

+15.1

78.1

+14.7

2.6

+4.5

82.8

+4.7

4.6

+2.0

Incremental EBITDA as a % of Incremental Revenue from Operations

84%

77%

31%

43%

(in INR Cr.)

Incremental revenue offset by increase in cost Investing aggressively across various growth initiatives

Note: (*) EBITDA exclusive of IPO Expenses

FY25: Expense Breakup

Total Expense (in INR Cr.)

Historical Annual

9% CAGR

Total Expense - Breakup (for FY25) (in INR Cr.)

Employee Benefit Expenses

FY25

73.9 Cr.

Salaries, Wages & Bonus

67.2 Cr.

Employee Stock Option Expense

4.6 Cr.

Other Employee Benefit Expenses

2.0 Cr.

Depreciation Expense

Other Expenses

0.1 Cr.

9.8 Cr.

Cloud Hosting Charges

2.4 Cr.

Rent for Building

2.1 Cr.

Remaining Other Expenses

5.2 Cr.

Total Expenses

83.7 Cr.

% of Total Expense

88.2%

80.3%

5.5%

2.4%

0.1%

11.7%

2.9%

2.5%

6.2%

100%

● Bulk or 88% of total expense is emp. cost (89% in FY22, 88% in FY23 & FY24) ● Cloud Hosting charges are the 2nd largest expense after emp. benefit expenses ● No large digital marketing spend for customer acquisition (since we are a data

company, we are able to use in-house content to generate organic traffic)

Note: Salaries, Wages & Bonus includes statutory contributions like EPF

FY25: Accelerated Volume Growth

Customer Accounts (#)

Historical Annual

Users (#)

Historical Annual

47%

41%

15% CAGR

FY25 was the highest net account additions, due to various growth initiatives

FY25 was the highest net user additions

Note: Customer Accounts and Users are as on respective end of period. YoY comparison over last 5 years

FY25: FCF and Cash & Cash Equiv.

FCF (Free Cash Flow)1 (in INR Cr.)

Cash & Cash Equivalents1,2 (in INR Cr.)

Historical Annual

4.1 Cr.

94.6 Cr. Added 19.4 Cr. YoY 26% YoY

Note: (1) Free Cash Flow and Cash & Cash equiv. excludes tax amounts received from employees against ESOP exercise as on the respective end of period (2) Cash & Cash equiv. = Cash & Cash equiv., Investments & FDs, Security Deposit towards listing in FY23 and FY24

FY25: Split by Customer Type

Investment Industry 50%

(includes VC funds, PE funds, Investment Banks, CVCs, Accelerators & Incubators, Family Offices, etc)

46% Corporates

(includes Corporate Innovation teams, Corporate Development / M&A teams, Strategy and Sales teams, Consulting firms, Startups, etc.)

Others (includes Educational Institutes, Government Agencies, Industry Bodies)

Healthy spread across Investment Industry and Corporates

Note: Based on customer accounts as on end of period

Diverse Customer Base

Customer segments & departments that we work with, within the key customer types

Venture Capital

Private Equity

Family Offices

Corp Dev / M&A Teams

Corporate Innovation

Investment Banking

Companies

Government Agencies

Digital Transformation

Corporate Strategy

Accelerator & Incubators

Corporate Venture Capital

Consulting

Universities

Investment Industry

Corporate

Others

Global Customer Base

60% International revenue in FY25

Customers span over 50+ countries*

Indian Revenue

International Revenue 60%

Top 5 countries by #customer accounts*: India, USA, UK, Singapore, Germany

Historical annual

International Revenue Share

Note: (*) Based on customer accounts as on end of period

FY25: Revenue Growth

Revenue split by India and International (in INR Cr.)

Continued Growth in Large Accounts*

FY23

FY24

FY25

YoY %

Revenue

FY 21

FY 22 FY 23 FY 24

FY 25

India Revenue

25.0

International Revenue

53.1

Total Revenue

78.1

28.4

54.3

82.8

33.5

51.0

84.5

18%

-6%

INR 20L+ accounts

INR 30L+ accounts

INR 40L+ accounts

Accelerated growth in India due to launch of vertical teams

Indicates continued headroom for growth in ASP

Note: (*) The count is cumulative and based on the accrual revenue

Private Markets - Quick snapshot (1/2)

Global Tech Funding (in USD Bn.)

India Tech Funding (in USD Bn.)

# Unicorns created globally

# Unicorns created in India

Tech funding reconciliation:

Global: Rounds and amount updated for 2024

India: Major changes were in the years-2021-2024.

2021: Increase in funding by 1.9Bn

Updated funding rounds around $116M ( 98

Rounds ) Link

Remaining is due to changes in location

tagging, feed status, flags, or publish status

etc.

2022,2023 > we saw that funding amount decreased

while rounds increased

BU has said this is primarily due to FMA's

data cleaning processes. These include

removing duplicate rounds added in error

and modifying round-level information as

new data becomes available ( round name

change, merging of rounds, duplicate round

clean up

(rfc822msgid:CAExk8OL+hAX9breEdXkJ8dEpie6f+v

AnhjLoWW-F1ZtqD5y8Pg@mail.gmail.com)

GLOBAL TECH FUNDING:

CY24 had 2nd lowest deal value in last the 7 years and lowest deal volume in the last 10 years

LATE-STAGE FUNDING: (proxy # new unicorn rounds)

CY24 was 2nd lowest in the last 7 years

Unicorns:

India - . 2 Unicorn was added for

2025- Juspay and JSW One

MSME

No other changes.

Global: Changes in the years

2015(+1)2020(+1), 2021 (-1),

2023(+1), 2024(+2)

Source: Internal Estimates

Private Markets - Quick snapshot (2/2) Recovery in Global M&A deal value and IB fees

Global M&A (in USD Tn.)

M&A advisory fees (in USD Bn.)

Source: Report on Global Mergers and Acquisitions Review and Report on Global Investment Banking Review

GLOBAL M&A:

CY24 was second lowest in 10yr

IB M&A ADVISORY FEES:

CY24 saw some recovery

Q4 FY25: Greenshoots (1/5) Growth has accelerated for the India geo due to vertical BU teams

India Geo - Q4 & FY25 Revenue & Account Growth

India (FY25)

India (Q4 FY25) India - Quarterly Revenue Growth

33.5 Cr Rev from Ops (40% overall FY25 revenue)

18% YoY Rev. from Ops

65% YoY #Accounts

YoY Growth Rate

●

India BU growth accelerated from 14% in FY24 to 18% in FY25. In Q4FY25, growth was higher at 24% YoY

Primarily due initiatives mainly vertical BU teams

the growth launch of

● We have started replicating this strategy internationally and plan to scale the vertical teams to the key regions

Q4 FY25: Greenshoots (2/5) Continued high overall volume growth

Customer Accounts (#)

Customer Accounts - Net Addition

Q4 FY25 addition highest due to various growth initiatives

Note: (*) FY23 Quarterly Avg. is provided for like to like comparison. Customer Accounts are as on respective end of period. QoQ comparison limited to last 12 quarters

Q4 FY25: Greenshoots (3/5) Deferred revenue continues to hold

Deferred Revenue (in INR Cr.)

Historical Annual

19% CAGR

Quarterly

NS Comment

(for discussion).

Please don’t

incorporate as

yet.

Add green

arrow.

Note: (*) Including proforma bills wherein invoice is to be raised after payment is received

YoY Growth Rate

Q4 FY25: Greenshoots (4/5) Volume growth starting in international customer segments as well

Revenue split by India and International, & Account growth (in INR Cr.)

FY24

FY25

FY24 Revenue

Revenue YoY %

#Accounts YoY%

FY25 Revenue

Revenue YoY %

#Accounts YoY%

India

International

Total

28.4

54.3

82.8

14%

20%

-5%

33.5

51.0

84.5

18%

-6%

65%

26%

47%

In India, the volume growth accelerated from 20% YoY in FY24 to 65% YoY in FY25 which subsequently saw revenue growth accelerate.

Similarly, we are seeing volume growth starting to happen in international customers.

Q4 FY25: Greenshoots (5/5) Platform Engagement continues to increase

Trend of platform usage metrics in terms of # of Exports* and Myanalyst queries

~1.5X

Customers’ platform engagement continues to increase - customer exports & myanalyst queries have grown ~1.5X over the last 2 yrs

Note: (*) Excluding auto-generated exports from user configured mandates

Growth Initiatives

GTM Funnel

MARKETING: Lead generation

SALES: Leads Closure

SUPPORT: Onboarding & Support

CUSTOMER SUCCESS: Engagement & Expansion

Over the last few quarters, we have been investing heavily across various growth initiatives sales, spanning marketing and account expansion.

across

The following slides give an overview of some of the key initiatives launched where we are seeing good results and expect further acceleration.

Select Recent Growth Initiatives

Organic Search Traffic* (in millions)

Scaling Organic Traffic & Inbound Leads Pipeline

● We have built a large organic inbound traffic

funnel, & it continues to increase

● Over 21 Million visits in FY25

● This is a 3x increase in the last 3 years

NS Comment

(for discussion).

Please don’t

incorporate as

yet.

Add green

arrow.

Note: (*) Source: Search Console & Internal Estimates

Select Recent Growth Initiatives

#Tracxn Lite Signups1

Tracxn Lite

#Avg. Monthly Active Users2

●

Had launched Tracxn Lite ~last year for PLG (Product-Led Growth) to make the customers aware of the richness of the platform and drive product led growth

Users get full platform access (with limitations such as restricted daily hits for profile views, exports and certain platform modules)

● Great traction - in just a little over one year since launch, more than 1,39,000 sign ups for Tracxn Lite, with pace of acquisition increasing QoQ. Monthly active users have crossed 30,000

●

Very good increase in overall sales acquisition pipeline. For instance - Q4FY24 v/s Q4FY25

○ ○ ○ ○

#Organic sign-ups have almost tripled (2.7X) Avg monthly actives have quadrupled (4.4X) Avg. #users / day hitting the credit limit almost tripled Increase in upgrade requests, demos, etc.

Note: (1) Cumulative #, does not include ~2L old unpaid users migrated to Tracxn Lite (2) Quarterly average, Includes users from organic signups and old unpaid users that were migrated to Tracxn Lite

Select Recent Growth Initiatives

Specialized Teams - Universities

● Specialized team with cumulative experience of over 20 years in selling to universities. Bulk of our relevant customer segments come from top universities globally. More than a revenue segment, universities are a good marketing and discovery channel for us

● Seeing very good success: Customer count* has increased over 300% in

this segment and revenue has increased 100% in FY25 YoY

● Added many top-university accounts as customers (eg.3 IIMs, 5 IITs, BITs)

● Tracxn has been introduced into some of the top B-school courses (eg.

IIMs, ISB, XLRI)

● Lot of work on increasing engagement - eg. through inclusion in relevant courseworks, on-campus onboarding sessions for incoming students, etc.

France

Mumbai

IIT Kanpur

Calcutta

Lucknow

ISB

Select University Accounts:

UK Note: (*) Accounts on library / department pack in this segment

Australia

Germany

USA

Select Recent Growth Initiatives Specialized teams for: 4 Startups

5 Accelerators & Incubators

● We continue to see high volume of inbound leads

●

from startups

● Though they are served by the same platform, they have a differentiated use case and workflow requirements

● Some of

the uses cases

that are particularly interesting for startups are Fundraising, Competitor analysis, Market research & Business development

● FY25 saw over 100% volume growth YoY with ~60%

revenue from international customers

Focusing on customers across private incubators, government incubators, universities and corporates globally

● Good

initial success:

Increased pace of

acquisition in this segment

● Over 50% revenue from new accounts in this segment was from international customers in Q4FY25

NS Comment:

Please add as compared to FY24,

what is the X

Add more logos - Done

For startups (please share

names of large startups first) -

Done

List of A&I accounts, Startup Accounts

A&I

Startups:

YoY revenue grew by 1.1X

India new revenue grew by 3.4X

#Accounts YoY 2.5X

Revenue 1.4X YoY

International Revenue ~60% in

both FY24 and FY25

Change in international rev %

from new > 59% > should we

change to over 50%

Select Recent Growth Initiatives Specialized teams for:

Investment Bank

7 Corporate Sales

●

Specialised team for selling to IBs through both inbound & outbound

Coupled with augmenting the platform coverage for this segment. For instance, increased coverage of private company financials and key ratios, VC & PE databases for their outreach efforts, etc.

Launched additional features - for eg. startups can mention if they are looking to hire an IB on our platform, which becomes a sales pipeline for the investment banks

●

Seeing very good initial success:

○ ○ ○

Continued logo penetration in India by ~1% MoM Pace of new customer acquisition has ~tripled India #accounts grew by 70% & revenue by ~30% YoY

●

Started scaling this to other key geos, and expect further acceleration in this segment

●

New specialized team focussed on users with corporate sales focus, typically looking to scout and analyze companies across sectors and geos for lead generation, market analysis, comps benchmarking, business development mandates, and more

Augmenting data for this segment - for eg. pincodes data, CXO profiles etc.

#Accounts grew by over 100% YoY in FY25

Over 50% international customers in FY25

revenue

this segment was

from

NS Comment:

Please add as compared to

FY24, what is the X

Revenue: 3.5Cr in FY24 to

4.6Cr in FY25 (1.37X)

New revenue grew by 1.6X

International revenue grew

by 1.3X

#Accounts 1.6X YoY

Total Revenue 1.2X

India New revenue 2X YoY

Title Sales:

Select Recent Growth Initiatives

8 Seeing good results from the specialised teams

List of launched vertical sales units

Startups

Universities

Investment Banks

Accelerator & Incubators

Venture Capital Funds

Sales

Mergers & Acquisition

Debt

Events

We expect further acceleration in pace of customer growth and market share increase through these additionally launched teams

Note: Ordered based on duration since launch and the progress made

Select Recent Growth Initiatives

Increasing Coverage of Private Company Financials Currently cover private company financials across 20+ countries

Major countries by coverage

●

India

United Kingdom

Croatia

Germany

Belgium

Thailand

Singapore

Poland

Malaysia

●

Norway

Denmark

Czech Republic

Sweden

France

Austria

Latvia

Finland

Estonia

●

Australia

Italy

South Korea

New Zealand

Ireland

Brazil*

Malta*

Philippines*

Slovakia*

…

Note: (*) New countries added in 2025, (#) As on 30th April 2025 YoY growth is excluding the changes on account of one-time refactoring of first year financials

# Financials Covered

1.6Mn+ companies with revenue data & 1.1Mn+ companies with detailed financials available on the platform#

Select Recent Growth Initiatives

Increasing Coverage of Private Company Captables Currently cover private company captables across 15+ countries

# Companies with Captables

Major countries by coverage

●

India

United Kingdom

Germany

Singapore

New Zealand

Denmark

Czech Republic

Estonia

●

United States

Australia

Malaysia

South Korea

Sweden

Ireland

France

●

Norway

Finland*

Indonesia*

Thailand*

Latvia*

Slovakia*

Malta*

…

Note: (*) New countries added in 2025, (#) As on 30th April 2025

341K+ companies with detailed shareholding available on the platform#

Select Recent Growth Initiatives

Launched Legal Entities Database Currently cover 60M+ legal entities across key geographies

●

Major countries by coverage

United States

●

France

United Kingdom

● Germany

Japan

India

Australia

Brazil

●

Romania

Singapore

Canada

Belgium

…

# Legal Entities (in millions)

Seeing good customer usage with legal entities page views increasing QoQ

Note: As on 31st March 2025

Select Recent Growth Initiatives

Building deeper coverage of Regulatory Data on private companies & legal entities

Examples of a few regulatory datasets live as well as in pipeline

Loans and Charges

Patent Data

Legal Cases

Trademarks Data

Related Party Transactions

Bankruptcy Filings

FDA Approval Data

Fund & AIF Data

Taxation Data

Govt Procurement Data

EXIM Data

.. and more

This helps us increase penetration in existing and new customer segments

Select Recent Growth Initiatives

Increased Press Mentions Through various media partnerships, data contributions, reports, etc.

3,000+ Press Mentions across media*

Note: (*) in FY25

eg. Partnerships

eg. Report coverage

eg. Regular Columns in newspapers

eg. Others

AI in Data Production

We continue to harness GenAI in data production yielding significant and promising results. We have been able to multiply our datasets while reducing manual intervention, which is a great testimony to our use of automation and intelligence in data production.

In 2024, we increased the coverage of key data points on the platform over 5X with ~10% reduction in data production team’s headcount Additionally in the last quarter (Q4 FY25), our data production headcount was further optimized by another ~10%, indicating increased efficiency in the data production through automation, while the throughput further accelerated

We are leveraging AI in several stages of our data production and others:

Identification of upcoming private companies, data extraction from unstructured data & documents including in non-English languages, enabling massive scalability to accelerate the pace of data addition; industry classification, & more Data production: for company profiling and for augmenting transaction data sets (including funding, acquisitions, etc.) as well as improving data accuracy Engagement & Outreach: Empowering our GTM teams by refining lead profiling, sentiment analysis of interactions, and optimizing engagement strategies

We expect continued optimization in the data production units and the throughput of the systems to further accelerate. We are excited about the possibilities with GenAI technology and its potential to help build data on private companies globally.

FY25: Other KPIs

Contract Price* (in INR Cr.)

Historical Annual

19% CAGR

Entities Profiled, on platform (in millions)

51%

Historical Annual

30% CAGR

Note: Entities Profiled are as on respective end of period (*) Including proforma bills wherein invoice is to be raised after payment is received

Business Overview

Our Journey

Ratan N Tata

Sachin Bansal Binny Bansal

NRJN Family Trust

2013-15 Platform Launched

2015-16 - ‘Top 100 Analytics Startups of 2015’ - Forbes - One of the ‘Coolest Startups of India’ - Business Today (2016)

2012

- Company incorporated

50+ Countries

2020-21 - Crossed customers in 50 countries - Launched advanced search feature within platform - Launched a collection of sector-based newsletters on the platform

2017-19 - Launched ‘Tracxn Score’, reports and live chat features - Launched personalised dashboards on our platform - Launched a portfolio tracker and an acquisitions database on our platform

Listed on

2021-22 - Became a publicly listed company on 20th Oct 2022

- Launched updated Home Dashboard with personalised feed

Current

- Among the Leading global market intelligence providers for private company data* - One of the largest global coverage of private companies in the emerging technology sectors*

Note: (*) According to “Global Information Services Market” report by Frost & Sullivan Timeline is in calendar years

Significant cost advantages from India-based operations

N.America

S.America

Europe

Asia

Middle East

India

Africa

Significant cost advantage due to make-in-India. Especially:

• Data-production & technology

platform is built from India • Global sales happens from India (sales & support teams work across all time zones)

• Very efficient content-driven

Australia

customer acquisition flywheel

These give us a significant and long-lasting cost advantage

Experienced Promoters & Board of Directors

Neha Singh

Chairperson and Managing Director

Abhishek Goyal

Vice Chairman and Executive Director

Brij Bhushan

Independent Director

▪ B.Tech. & M.Tech. from IIT Bombay & MBA from Stanford Graduate School of Business

▪ Worked previously at BCG & Sequoia

Capital

▪ Recognitions

▪ Outstanding Woman (Business

▪

Outlook – 2016) ‘The 40 who matter in the Indian start-up ecosystem ‘(Mint – 2016)

▪ Part of ‘40 under 40’ (Fortune

India - 2018 & 2019)

▪ B.Tech. from IIT Kanpur

▪ Worked previously at Accel, 3i Infotech, Amazon, Yahoo, Andale & Erasmic

▪ Recognitions

▪ Part of ‘40 under 40’ (Fortune

India - 2018 & 2019)

▪ B.Tech. from Maharshi Dayanand

University & PGP from IIM Bangalore

▪ Venture Partner at Prime Venture

Partners

▪ Co-Founder of Samast Technologies

▪ Worked previously at Bain, Infosys &

Nexus India

Nishant Verman

Independent Director

Payal Goel

Independent Director

Rohit Jain

Independent Director

▪ B.S. from University of Michigan

& MBA from Northwestern University

▪ CEO of Overleap Networks

▪ Worked previously at Flipkart &

Canaan Advisors

▪ BA from University of Delhi & PGPM from ISB, Hyderabad

▪ Corporate Development Manager

at Google India

▪ Worked previously at Flipkart, Aspada Investment & Peepul Capital

▪ B.Tech. from IIT Delhi & MS from University of North Carolina at Chapel Hill

▪ Managing Partner at JSM Advisors

▪ Worked previously at Microsoft, IBM, Google & SAIF Partners

Supported by Senior Management Team Backed by Marquee Investors

Prashant Chandra

Chief Financial Officer

Amit Agarwal

Neeraj Chopra

Chief Operating Officer

Chief Technology Officer

Bhaskar Sharma

Chief Product Officer

▪ B.Tech. from IIT Kanpur & MBA

▪ B.Tech. from MNNIT-Allahabad &

from IIM Lucknow

MBA from XLRI

▪ Worked previously at Infosys &

Amdocs

▪ Worked previously at Amba research, Emanation, GS & Centrum

▪ MS from University of Pune ▪ Worked previously at Amazon, Decho, Arcot & Roam Space

▪ B.Tech. from IIT Kharagpur &

PGPM from ISB

▪ Worked previously at CEAT,

Nomura & FlexAlgo

Investors who backed us in private journey

Investors who backed us in IPO Anchor Book

Abakkus

Ratan N Tata

NRJN Family Trust

BNP Paribas

Motilal Oswal

Nippon

Sachin Bansal Co-Founder - Flipkart

Binny Bansal Co-Founder - Flipkart

Girish Mathrubootham Founder & CEO - Freshworks

Neeraj Arora VH Capital Ex-Whatsapp

Anand Rajaramnan Milliways Fund Founder - Junglee

Amit Ranjan Founder - Slideshare

ICICI Prudential

Reliance General Insurance

Kotak Mahindra MF

Tara Emerging Fund

Kotak Mahindra Life Insurance

WhiteOak Capital

Large & Growing Market

Multiple large companies have been created in the financial data markets

$40B+

Cumulative Revenue of Financial Market Data Companies for 2024*

Note: (*) Revenue of key public market data companies has been calculated based on the publicly available sources and internal estimates

Robust Technology Platform

Wide range of business and workflow tools – Inbuilt CRM tool, custom dashboard builder, tools for sourcing, tracking companies, portfolio tracking, API support, browser extensions, ability to save searches and provide alerts and export tools

Enterprise grade support – for customer queries with personalized support over chat, email and instant messaging applications

Scalable backend framework – based on open source technologies

Automated – based on web crawling and data engine to track millions of web domains, track data points across digital footprint of entities and add several companies to database

Flexible platform – aids launching of new features

Hosted on cloud servers – ensures minimum downtime

Advanced security – in-built security features provided by the cloud infrastructure provider

Virtual private cloud – allows to establish a secure internal network & a safe gateway to enable communication of internal resources

Industry grade HTTPS – for encrypted communication over the internet

Periodic checks – tools to periodically check on potential security threats

In-house data mining engine – automate discovery of new-age companies by tracking 836 mn+ domains across emerging technology sectors and sector classification of entities tracked

Multiple products introduced on platform since inception – soonicorn coverage, personalized dashboards, Tracxn Score, live chat, and others

Large & Growing Market

Private Market AUM Growth1 (in USD trillion)

Public Market Capitalization2 (in USD trillion)

15% CAGR

6% CAGR

Private market AUM expected to cross $15T by 2028

Cumulative market capitalization of listed domestic companies across all the countries converted to USD

Note: (1) According to internal estimates (2) Source: World Federation of Exchanges; public market cap is of as on end of year (*) Estimated private market AUM numbers as per internal estimates

FY25 Detailed Financial Statements

Profit & Loss Statement (1/2)

Particulars

Income

Revenue from operations

Other income

Other gains/(losses) - net

Total Income

Expenses

Employee benefit expense

Depreciation expense

Other expenses

Total Expenses

Profit / (Loss) before tax

Current tax (including relating to prior years)

Deferred tax (credit) / expense

Profit / (loss) for the period

PAT Margin

Q4 FY25

Q3 FY25

Q4 FY24

FY25

FY24

21.14

0.03

1.55

22.72

19.36

0.04

2.59

21.99

0.73

0.24

8.07

(7.58)

21.39

0.05

1.45

22.90

18.64

0.04

2.31

20.98

1.91

0.09

0.41

1.42

20.32

0.03

1.23

21.57

17.78

0.04

1.87

19.68

1.89

0.05

0.42

1.43

84.47

0.28

5.62

90.37

73.87

0.11

9.76

83.75

6.62

0.46

15.71

(9.54)

82.77

0.31

3.96

87.04

69.26

0.17

8.93

78.35

8.68

0.18

2.00

6.50

-35.86%

6.64%

7.02%

-11.30%

7.85%

In INR Cr.

Profit & Loss Statement (2/2)

Particulars

Profit / (loss) for the period

Less: Other Income

Less: Other gains/(losses) - net

Add: Depreciation expense

Add: Current tax

Add: Deferred tax (credit) / expense

EBITDA

EBITDA Margin

Profit / (loss) for the period

Add: Deferred tax adjustments

PAT excl Deferred tax adjustments

PAT Margin excl Deferred tax adjustments

Q4 FY25

Q3 FY25

Q4 FY24

(7.58)

0.03

1.55

0.04

0.24

8.07

(0.82)

-3.86%

(7.58)

8.12

0.54

2.56%

1.42

0.05

1.45

0.04

0.09

0.41

0.45

2.09%

1.42

6.64%

1.43

0.03

1.23

0.04

0.05

0.42

0.67

3.31%

1.43

7.02%

FY25

(9.54)

0.28

5.62

0.11

0.46

15.71

0.83

0.99%

(9.54)

14.47

4.93

5.83%

FY24

6.50

0.31

3.96

0.17

0.18

2.00

4.59

5.54%

6.50

7.85%

In INR Cr.

Balance Sheet (1/2)

Particulars

ASSETS

Non-current assets

Property, plant and equipment

Intangible assets

Income tax assets (net)

Deferred Tax Asset

Total non-current assets

Current assets

Financial assets

i. Investments

ii. Trade receivables

iii. Cash and cash equivalents

iv. Other financial assets

Other current assets

Total current assets

Total assets

In INR Cr.

As at March 31, 2025

As at March 31, 2024

0.20

6.23

5.67

12.10

89.58

1.67

3.64

2.88

0.86

98.63

110.73

0.20

5.47

21.21

26.88

68.05

8.34

4.78

4.23

0.80

86.20

113.08

@Krishna

please check

formatting

Balance Sheet (2/2)

Particulars EQUITY Equity share capital Other equity Reserves and surplus Total equity LIABILITIES Non-current liabilities Employee benefit obligations Contract liabilities Total non-current liabilities Financial liabilities Current liabilities i. Trade payables (a) Total outstanding dues of micro enterprises and small enterprises; and (b) Total outstanding dues other than (a) above ii. Other financial liabilities Employee benefit obligations Contract liabilities Other current liabilities Total current liabilities Total liabilities Total equity and liabilities

As at March 31, 2025

As at March 31, 2024

10.65

55.15 65.80

4.56 0.56 5.13

0.15 0.41 0.10 2.17 34.19 2.79 39.81 44.93 110.73

10.35

60.53 70.89

3.38 0.41 3.79

0.05 0.54 0.27 2.44 31.36 3.74 38.41 42.20 113.08

In INR Cr.

Cash Flow Statement (1/2)

Particulars

Cash Flow from Operating Activities: Net profit/ (loss) before Income Tax Adjustment for: Depreciation expense Net (gain)/ loss on disposal of Property, plant and equipment Net gains on sale of investments Net fair value gains on financial assets measured at fair value through profit or loss Interest on income tax refund Interest income from bank deposits measured at amortised cost Employee stock option expense Bad debts written of Impairment loss/ (reversal) on financial assets Unrealised Exchange Difference (net) Operating Profit / (Loss) before working capital changes Adjustment for: (Increase)/ decrease in trade receivables (Increase)/ decrease in other financial assets (Increase)/ decrease in other assets Increase / (decrease) in trade payables Increase / (decrease) in contract liabilities Increase / (decrease) in employee benefit obligations Increase / (decrease) in other financial liabilities Increase / (decrease) in other liabilities Cash generation from Operations Income taxes paid (net of refunds received, including interest thereon) Net Cash Flow from/ (used in) Operating Activities

In INR Cr.

Year ended 31 March 2025

Year ended 31 March 2024

6.62

0.11 - (1.58) (4.21) (0.11) (0.12) 4.64 0.41 (0.24) (0.01) 5.52

6.47 1.47 (0.07) (0.03) 2.98 0.26 (0.18) (0.95) 15.48 (1.21) 14.27

8.68

0.17 0.00 (0.41) (3.64) 0 (0.29) 4.77 0.22 0.06 0.02 9.58

1.17 (0.49) (0.37) (0.32) 2.35 0.61 0.03 1.36 13.92 (2.67) 11.25

Cash Flow Statement (2/2)

Particulars

Cash Flow from Investing Activities:

Payments for purchase of property, plant and equipment

Proceeds from sale of property, plant and equipment

Funds invested in bank deposits

Proceeds from sale of investments

Payments for purchase of investments in mutual funds

Interest received

Net cash inflow /(outflow) from investing activities

Cash Flow from Financing Activities:

Application money received for exercise of stock options

Application money pending allotment

Net cash inflow from financing activities

Net Increase/(Decrease) in Cash and Cash Equivalents

Cash and Cash Equivalents as at beginning of the year

Effects of exchange rate changes on cash and cash equivalents

Cash and cash equivalents as at end of the year

Year ended 31 March 2025

Year ended 31 March 2024

(0.12)

(0.11)

73.75

(89.48)

0.23

(15.73)

0.26

0.04

0.30

(1.16)

4.78

0.02

3.64

(0.04)

0.03

16.94

59.11

(85.73)

0.29

(9.41)

0.36

2.20

2.63

(0.05)

4.78

In INR Cr.

Definitions

(1)

(2)

(3) (4) (5)

(6) (7)

(8)

(9) (10) (11) (12)

Customer Accounts refers to the distinct contracts entered into by our Company with each customer, at the time of measurement. A customer account may include access for a single or multiple number of Users. Users refers to the number of activated user accesses on the platform at the time of measurement and does not include bulk users like university/educational institutes accounts Contract Price is net invoicing done in a given period adjusted for unbilled revenue for the period, till the time of measurement Entities Profiled refer to the profiles published and available on the platform to the user at the time of measurement. EBITDA is a non-GAAP financial metric, calculated as Profit/(loss) for the period minus Other Income and Other gains/ (losses) - net, plus Depreciation and Amortization Expenses, plus Finance Costs, if any plus Income Tax Expense. PAT excluding deferred tax adjustments is calculated as Profit/(loss) for the period plus Deferred Tax adjustments PAT excluding IPO expense, Deferred Tax and CCPS is calculated as Profit/(loss) for the period plus Exceptional items - IPO expenses, reimbursable to the company plus Deferred Tax minus Fair value gain/ (loss) on CCPS measured at fair value through profit or loss. Fair value gain/ (loss) on CCPS adjustment has been made only for FY20 & FY21 in this presentation Free Cash Flow is calculated as Net Cash Flow from/ (used in) Operating Activities less Capex (payments for purchase of property, plant and equipment) Organic Search Traffic - Traffic originating from an organic search result Existing Customer - An account which had also contributed to the accrued revenue prior to the given financial year/ reporting period. New Customer - An account contributing to the accrued revenue for the first time in the given financial year/ reporting period Headcount - Number of employees on the company payroll as on the date of measurement.

Thank You

Tracxn Technologies Limited has informed the Exchange about Investor Presentation

Market Movers