Deals · Updated 27 Oct, 04:37 pm IST
Mochatrade raises $5.5M to build US-stock trading platform for Indians
Why it matters for readers: It matters because it could make it easier for Indian retail traders to access US-linked trading products using familiar payment methods.
- Mochatrade raised $5.5 million in a seed funding round led by CoinFund, with participation from Coinbase Ventures and Zero Knowledge Ventures.1
- The YC-backed startup plans to build a trading platform for Indian traders to trade perpetual futures and price-tracking contracts linked to US stocks, cryptocurrencies, commodities and major indices.1
- Users are expected to fund accounts via UPI and view balances, margins and P&L in Indian rupees (INR).1
- Mochatrade will use the capital to build its trading engine and risk infrastructure and expand among active Indian traders.1
- The platform’s waitlist has crossed 25,000 sign-ups and the company was founded by Utkarsh Sinha, Chetan Manda and Parth Maheshwari in 2026.1
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