SaaS Start-up Task Tracker raises seed funds from angel investors

New Delhi [India]: Task Tracker, a vernacular people management tool (web and mobile application) for businesses to improve efficiency and productivity, has raised an undisclosed amount of seed funding.

The start-up managed to raise funding in the seed round led by IIT Mandi Catalyst, IIT Mandi iHub & HCI Foundation, Elina Investments, Mintosh Advisory, Karandeep Singh Vohra from the Oxford Alumni Network, POD World, Laveesh Bhandaria leading Economist & Founder of Indicus Foundation & Salil Bhandari, Founder BGJC.

Task Tracker is a SaaS Enterprise startup founded by Rishab and Neha Chandra—a husband-wife duo–in 2021.

Task Tracker was initially created for their personal use. They saw businesses struggling to adopt the technology due to the high cost and complexity of the available tools, converting Task Tracker into a product for their customer base after seeing its benefits. It has become extremely popular in a very short period.

Neha Chandra, the CEO, said that the new funds would be used to further grow the product suite & revenue and for faster customer acquisition.

Today, Task Tracker has over 4000 users across firms in several industries. And this is just by using its Product Led Growth method and no formal marketing.

According to a Motilal Oswal survey conducted recently, India has the world’s third-largest SaaS ecosystem, after the United States and China. Indian companies are promptly establishing themselves in the SaaS Enterprise sphere, with a moto built in India for India and the world.

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