India, April 14 -- Enterprise tech startup TraqCheck has raised $8 Mn (about Rs.74.6 Cr) in its Series A funding round led by IvyCap Ventures, with participation from IIFL, to fuel its geographical expansion.

The startup plans to deploy the fresh capital to accelerate its expansion across the European market. Apart from this, it will use the funds to increase adoption of its background screening agent 'Trace' across enterprise customers. 

A part of the capital will also be used for scaling its recently launched real-time conversational sourcing AI agent, Nina. 

Founded in 2020 by Jaibir Nihal Singh, Armaan Mehta and Rishabh Jain, TraqCheck is an AI-driven platform that helps enterprises conduct background checks of employees ...