Brine Fi funding, investors and company details

Brine Fi is an emerging Banking and Finance startup from New Delhi, working in the space of Orderbook-based decentralized exchange (DEX) that allows users to trade digital assets efficiently without paying gas fees. Founded by Shaaran Lakshminarayanan, Ritumbhara Bhatnagar, Bhavesh Praveen.

Company: Brine.Fi
Sector: Banking and Finance
Location: New Delhi
Founders: Shaaran Lakshminarayanan, Ritumbhara Bhatnagar, Bhavesh Praveen
Total funding raised: ₹137 Cr

Company overview

Brine Fi is an orderbook-based decentralized exchange (DEX) that allows users to trade digital assets efficiently without paying gas fees. The platform enables traders to track their portfolios, gain deeper insights through advanced P&L analysis, and execute trades with a professional trading experience. Designed to make the transition from centralized exchanges (CEX) easier, Brine Fi combines the familiarity of traditional orderbook trading with the benefits of decentralized finance, offering users greater control, transparency, and cost efficiency.

Funding rounds

Latest round (Series A): $ 16.50 Mn (₹137.00 Cr.), 2023-09-09. Investors: Pantera Capital, Elevation Capital, Starkware, Spartan Group, Goodwater Capital, Upsparks Ventures, Protofund Ventures