Tracxn

“Now that expectation has increased significantly. Now, like, I need to see at least a five hundred million dollar revenue, or my average expectation is like two billion dollar revenue companies.”

“Some of the investors also had to open DMAT accounts because, you know, they had, we were the first company in the portfolio to be hitting the listed space.”

“A lot of people advise us that, look, it's a three year process... And a lot of people said that first 12 to 18 months will just be internal readiness. So in our case, when we started working, we realized that within two to three months, that internal readines…”

“So in our case, our CFO was among the first 10 employees to join. We had Big Four from last seven years.”

“Our approvals were getting expired, were expiring on November. So if for whatever market condition, even if you lose another two weeks now, you have to just redo the entire thing, which is a very long draining six to nine weeks process.”

“Traxen is one of the world's top five market intelligence This platform on private companies traction is used by more than 800 customers in more than 50 countries. And as today traction has more than 67 crores in annual revenue currently valued in the public m…”

“I think this is the most rigorous part of the IPO. You end up meeting more than 50 investors and eventually hope that between five to seven good investors, they come and work with you.”

“So, 70% of our revenue is still international.”

“All investors get a clause of buyback. And technically, from an auditor's perspective, if you have a buyback clause, the company's net worth is, like, a lot of negative crores. Because whatever is the net worth company is supposed to buy back, right? So whatev…”

“Even we as Prime had a modest IPO, but of a very successful company called Traction. And that's a completely tech global company, SaaS company. I would suspect 70, 80% of the revenue is abroad and they're still very successfully in India.”