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Mochatrade
India · Fintech
Mochatrade lets traders in India use rupee balances to trade perpetual contracts linked to US stocks and other assets.
Product
Users fund accounts through UPI and take leveraged long or short positions, with margins and profits or losses displayed in rupees. The contracts track underlying prices and have no fixed expiry; traders receive derivative exposure rather than ownership of shares.
The platform targets active Indian traders and is rolling out early access. Its Indian operating entity is ALSD Technologies Private Limited.
Funding history
1 round · 1 with disclosed amounts| Announced | Round | Amount | Investors |
|---|---|---|---|
| Seed (SAFE) | $5.5M | CoinFund — LeadCoinbase Ventures — ParticipantNicky Montana — Participant |