Punch funding, investors and company details

Punch is an emerging Financial Services - Broking startup from Mumbai, working in the space of a safety-first mobile trading platform designed for first-time and part-time stock traders. Founded by Amit Dhakad, Hiral Jain, Arshad Fahoum, Ajit Dandekar.

Company: Market Pulse Securities Private Limited
Sector: Financial Services - Broking
Location: Mumbai
Founders: Amit Dhakad, Hiral Jain, Arshad Fahoum, Ajit Dandekar
Total funding raised: ₹68.25 Cr

Company overview

Punch operates as a safety-first mobile trading platform designed for first-time and part-time stock traders. Core activities include delivering single-screen trading with high-speed charting, 99.99% order reliability, and innovative safety tools like daily/weekly trading limits to prevent significant losses. It enables index/stock options trading and direct stock purchases at ₹1 brokerage, fostering responsible habits through intuitive interfaces, risk management features, and pro-grade tools for confident market navigation.

Funding rounds

Latest round (Seed): $ 7.00 Mn (₹58.71 Cr.), 2024-08-06. Investors: Stellaris Venture Partners, Susquehanna Asia Venture Capital, Prime Venture Partners, Innoven Capital, Kunal Shah (CRED), Vatsal Singhal (Ultrahuman), Nitish Mittersain (Nazara Technologies)
Past round: $ 1.20 Mn (₹9.54 Cr.), 2022-08-11. Investors: Nitish Mittersain (Nazara Technologies)