{"id":3272,"date":"2024-08-07T06:25:49","date_gmt":"2024-08-07T06:25:49","guid":{"rendered":"https:\/\/founderlabs.in\/?p=3272"},"modified":"2024-08-07T06:43:21","modified_gmt":"2024-08-07T06:43:21","slug":"seed-funding-stock-trading-punch","status":"publish","type":"post","link":"https:\/\/www.founderlabs.in\/?p=3272","title":{"rendered":"Stock-Trading Platform Punch Raised $7 Million in Seed Funding"},"content":{"rendered":"\n<p><strong>Stock-Trading platform Punch has raised $7 million in seed funding from Stellaris Venture Partners, Susquehanna Asia VC, Prime Venture Partners and Innoven Capital.<\/strong><\/p>\n\n\n\n<p><strong>Punch is a trading StartUp platform that offers trading in index and stocks both.<\/strong><\/p>\n\n\n\n<p>The fund is combination of equity and debt fund and the platform enables index and stock options trading, as well as direct stock trading, based in Mumbai.<\/p>\n\n\n\n<p>The round also saw participation from angel investors including Cred founder Kunal Shah, Vatsal Singhal, cofounder of Ultrahuman, and Nitish Mittersain, founder of Nazara Technologies.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>The funds will used for research and development (R&amp;D) initiatives aimed at enhancing user experience and covering marketing expenses.<\/p>\n\n\n\n<p>Founded in 2022 by Amit Dhakad, Hiral Jain, Arshad Fahoum and Ajit Dandekar, Punch is built for first-time traders who want to build responsible trading behaviour through innovative yet intuitive safety tools. The founders originally founded Market Pulse, a charting app eight years ago.<\/p>\n\n\n\n<p><strong>\u201cOur goal over the next year is to focus on R&amp;D and also invest in scaling the app, we want to 4X-5X the number of users of our app in our next three to four months, and after this, we will look at our marketing efforts,\u201d Dhakad added.<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stock-Trading platform Punch has raised $7 million in seed funding from Stellaris Venture Partners, Susquehanna Asia VC, Prime Venture Partners and Innoven Capital.<\/p>\n","protected":false},"author":3,"featured_media":3273,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[643,645,646],"tags":[1104,1246,1245,1244,1243,1239,438,1241,1247,1242],"class_list":{"0":"post-3272","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-start-up-news","8":"category-funding","9":"category-investor-accelerators","10":"tag-angel-investors","11":"tag-debt","12":"tag-equity","13":"tag-innoven-capital","14":"tag-prime-venture-partners","15":"tag-punch","16":"tag-startupfunding","17":"tag-stellaris-venture-partners","18":"tag-stocks","19":"tag-susquehanna-asia-vc"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.3 (Yoast SEO v27.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Stock-Trading Platform Punch Raised $7 Million in Seed Funding - Founderlabs<\/title>\n<meta name=\"description\" content=\"Punch is a stock trading StartUp platform that offers trading in index and stocks both. 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