New Delhi, 9th September, 2025: TraqCheck, the fast-growing AI enterprise company built on cutting-edge deterministic LLM frameworks, has raised a bridge round toexpand its product offerings and build a broader suite of AI solutions for HR. The round was led by angel investors AlokOberoi (Chairman at Everstone Capital) and SiddharthMehta (Founder at Bay Capital) and saw participation from Sivaramakrishnan S Iyer (Advisor at Bay Capital) fueling TraqCheck’s product roadmap for global markets.
Founded by Jaibir Nihal Singh, Armaan Mehta, and RishabhJain, TraqCheck has quickly established itself as a major player in the B2B enterprise space. Its first product, an AI Agent forbackground checks has scaled successfully across India and recently launched in Europe.
The fresh capital will be used to supercharge TraqCheck’sAI Agent for Background Verification across India andEurope while also powering the launch of new enterpriseAI products designed for the future of HR. The companyalso plans to strengthen its teams with key hires across product, engineering, and growth in both India and Europe.
“HR systems and processes are outdated and slow,” said thefounders of TraqCheck. “With this round, we’re not justscaling background checks, we’re building a suite of powerfulnew AI products that will finally bring HR into 2025. We’re moving fast, building harder, and setting a new standard for how HR teams operate.”
Today, TraqCheck’s products are trusted by more than200 leading companies across BFSI, staffing, healthcare, and the gig economy. The company continues to post fast growth, looking to triple revenues this year as businesses demand faster, more reliable, and automated HR tools.TraqCheck’s last funding round valued the company at$14 million, with this round closing at a significantly higher valuation.
With the backing of seasoned investors and industryleaders, TraqCheck is now poised to become a global category leader in AI enterprise solutions for HR.