Transak funding, investors and company details

Transak is an emerging Information Technology startup from Bengaluru, working in the space of Web3 onboarding infrastructure provider that enables seamless access to the crypto ecosystem for global users. Founded by Sami Start, Yeshu Agarwal.

Company: Transak Technology India Private Limited)
Sector: Information Technology
Location: Bengaluru
Founders: Sami Start, Yeshu Agarwal
Total funding raised: ₹165.36 Cr

Company overview

Transak is a leading Web3 onboarding infrastructure provider that enables seamless access to the crypto ecosystem for global users. Through its API-driven solutions, Transak allows Web3 platforms to onboard users across 150+ countries and support transactions in 130+ crypto assets, while abstracting the complexities of KYC, risk monitoring, regulatory compliance, payment methods, and customer support. With its easy-to-integrate On-Ramp and Off-Ramp widget, developers can embed crypto purchasing and selling capabilities into their applications with just a few lines of code. Backed by prominent venture capital firms such as Consensys and Animoca Brands, and a graduate of the Tachyon accelerator program, Transak plays a critical role in simplifying Web3 adoption at scale.

Funding rounds

Latest round (Series A): $ 20.00 Mn (₹165.36 Cr.), 2023-05-31. Investors: CE Innovation Capital, SBI Ven Capital, Sygnum, Azimut, Third Kind Venture Capital, UOB Venture Management, Signum Capital, Animoca Brands, Genting Ventures, Istari Ventures, No Limit Holdings, Woodstock Fund, IOSG Ventures, KX, Axelar, Tokentus, The Lao