The process and preparation for IPO, with Tracxn founders Neha Singh and Abhishek Goyal

In 2021, 125 Indian companies raised over $18 Bn through initial public offerings (IPO) in public markets.Out of $18 Bn, over $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, Tracxn, which recently went IPO.But unlike the other major tech startups which went IPO in recent years, at Tracxn, they 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 big enough and more.Notes - 00:37 - Intro to ​​Tracxn01:27 - Feeling of going IPO02:27 - Preparing for an IPO 05:06 - Splitting the roles within team to be prepared from Day 105:41 - Documents which they had to submit to SEBI or any other regulator for the DRHP06:46 - Trendsetter by going public at $10 Mn ARR08:44 - Convincing VCs for going IPO-early11:33 - Mentors from whom they took advice for going public12:59 - Is it possible to time the market for IPO? 14:58 - Raising an Anchor allocation Pre-IPO16:17 - Most stressful part of going IPO: Market Uncertainty18:34 - Rollercoaster set of emotions they went through22:24 - Moments of giving up during the whole process24:16 - 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 learnings31:26 - What does it requires for tech companies to go public?35:03 - Playbook where companies can go public and build in long-term35:54 - Founder aspiration beyond becoming UnicornAlso, try out a 30-day free trial of Zoho Payroll, and simplify your Payroll journey as an entrepreneur!https://zoho.to/zoho-payrollSend us Fan Mail