The Process & Preparation of IPO Ft. Tracxn Technologies Founders Neha Singh & Abhishek Goyal

In 2021, 125 Indian companies raised over $18 Bn through initial public offerings (IPO) in public markets. Out of $18 Bn, around $7.3 Bn was raised by 11 Indian Tech Startups from Nazara to MapmyIndia.
In today’s episode, we talk with Abhishek Goyal & Neha Singh, Co-founders, of Tracxn, which recently went IPO.
But unlike the other prominent tech startups which went IPO in recent years, Tracxn decided to go IPO at a probably early stage, considering their ARR of $10 Mn.
During the episode, they share there view point on why they chose to do it on an initial ARR rather than going IPO, once they’ve grown enough and more.
CHAPTERS:
00:00- Intro to ​​Tracxn
01:27 - Feeling of going IPO
02:27 - Preparing for an IPO
05:06 - Splitting the roles within the team to be prepared from Day 1
05:41 - Documents that they had to submit to SEBI or any other regulator for the DRHP
06:46 - Trendsetter by going public at $10 Mn ARR
08:44 - Convincing VCs for going IPO-early
11:33 - Mentors from whom they took advice for going public
12:59 - Is it possible to time the market for IPO?
14:58 - Raising an Anchor allocation Pre-IPO
16:17 - Most stressful part of going IPO: Market Uncertainty
18:34 - Rollercoaster set of emotions they went through
22:24 - Moments of giving up during the whole process
24:16 - How to prepare mentally before entering the IPO process?
24:33 - Zoho Sponsored - Prashant Ganti on Where do founders struggle with Payroll and how can they fix it?
26:01 - IPO-Checklist and learnings
31:26 - What does it require for tech companies to go public?
35:03 - Playbook where companies can go public and build in long-term
35:54 - Founder aspiration beyond becoming Unicorn
We are thrilled to announce our partnership with Zoho Payroll 💥
With Zoho Payroll, you can automate routine payroll tasks and pay on time EVERY TIME!!
Be Less Admin & More Entrepreneur 😎
Try a 30-day free trial here👇
zoho.to/payroll-by-zoho
100x Entrepreneur is a podcast series hosted by Siddhartha Ahluwalia, a 2x founder, and VC & Startup Business Development Manager, South at Amazon Web Services (AWS).
Siddhartha brings insightful conversations from successful entrepreneurs and VCs, helping you grow 100x of yourself.
We release a new episode of our podcast every Monday on
CZcams: / @theneonshoww
Spotify: open.spotify.com/show/73VanEv...
iTunes: podcasts.apple.com/in/podcast...
CastBox: castbox.fm/channel/100x-Entre...
Every Monday, we send out a weekly newsletter about the latest startup and investing ecosystem developments and our podcast's learnings.
Subscribe to our newsletter to never miss out on new episodes:
Follow us on our Social Media Channels to get the latest startup and investing updates and connect with us:
LinkedIn: / 100xentrepreneur
Twitter: / 100xentr
Instagram: / 100xentrepreneur
Tags:
#entrpreneurship #podcast #100xentrepreneur

[@mukeshsharma-vt5oo]

Congratulations team tracxn. Our Good Wishes For Great Journey...!!

[@user-so7dn7og5l]

Amazing conversation filled with insights.

[@jaisankarmishra5502]

Great conversation

[@Dhruv.k]

the camera angle does not look good

[@TheNeonShoww]

Hi Dhruv, we recorded this in someone else's studio and we felt like complete newcomers there. But the good news here is that we have set up our own studio now and we are much better at recording with video podcasts now. There is a long way to go but we have tried out best to improve. So, pls do watch our recent episodes and share your feedback with us :) -Nansi