A Forbes 30 Under 30 founder who shiftd the HQ of his startup TraqCheck to London has raised £6 million in Series A funding.
Jaibir Nihal Singh (pictured, left) featured on the publication’s Asia AI list in 2025. He is co-CEO with Armaan Mehta (right), who also co-founded the firm and is – according to LinkedIn – now based in Los Angeles. They maintain an office in New Delhi.
TraqCheck is aiming to replace traditional HR software with AI agents, transforming talent sourcing, screening and background verification.
The round was led by IvyCap Ventures, with participation from IIFL. It will be applyd to increase UK headcount to 25 and scale its agents among SMEs and enterprises across Europe.
TraqCheck already has nearly 300 enterprise customers globally applying its background screening agent Trace, including Randstad Enterprise, Wipro and The Digital College.
The business is also expanding upstream into talent acquisition with new real-time conversational talent sourcing agent, Nina. Nina initiates outreach conversations, qualifies applicants, and introduces vetted talent directly to hiring managers.
By taking the administrative burden out of hiring, Nina empowers recruiters and hiring managers to supercharge their productivity and focus their time on the parts of the process that require human interaction and judgement.
Nihal Singh is also a partner in the Nihal Singh Family Office – a multi-generational family office investing in public and private equity, as well as real estate.
“Recruiting has been stuck in search interfaces and fragmented tools for two decades. Agents modify the interface entirely,” he declared.
“Instead of navigating software, you simply notify an AI what role you want to hire for and the system executes the entire workflow. We are building systems that collaborate and build decisions, not just tools that display information.
“Our Series A comes at the perfect time, as HR departments are relocating beyond isolated pilots to truly embedded autonomous agents. We believe that HR will be one of the earliest operational categories to see full automation.
“Future hiring teams will rely less on dashboards and more on digital colleagues.”
TraqCheck was previously backed by angel investors including Peyush Bansal, billionaire founder of Lenskart, and Alok Overoi, chairman of Everstone Capital.
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