Mumbai-based trading platform Punch has successfully raised $7 million in seed funding.
- Funding Details: The round saw contributions from Stellaris Venture Partners, Susquehanna Asia VC, Prime Venture Partners, Innoven Capital, and notable angel investors.
- Leadership and Vision: Founded by Amit Dhakad, Hiral Jain, Arshad Fahoum, and Ajit Dandekar, Punch’s safety-first approach is designed to tackle major issues such as risk management, overtrading, and significant losses.
- Innovative Features: Punch provides a single-screen user experience that consolidates charts, profit and loss data, positions, orders, indicators, and options price charts, aiming to foster responsible trading with intuitive safety tools.
- Commitment to Young Traders: Punch is investing heavily in R&D to develop innovative safety tools, with the goal of making trading and investing safer and more convenient for India’s younger generation.
By combining responsible trading with an easy-to-use interface, Punch is set to make a significant impact on the option trading market.
