MarketWolf, a fintech stock trading platform, reported that a Series A fundraising round co-anchored by Jungle Ventures and Dream Capital raised $10 million.
The round included participation from previous investors as well as 9Unicorns, iSeed, Crescent, and Riverwalk. With this round, the company has now raised a total of $17.4 million in funding since its founding.
With this new round of funding, MarketWolf plans to expand its product line and bring on top talent for its engineering, marketing, and product teams.
MarketWolf’s founder and CEO, Vishesh Dhingra, claimed that with risk management at their heart, they are quickly becoming the “go-to stock trading platform for the mobile gaming generation, who likes to explore new and more immersive ways of doing things.”
MarketWolf, according to Arpit Beri, Principal at Jungle Ventures, has the necessary product, as well as the right people and abilities to dominate this sector.
After observing the company’s amazing stickiness & virality with its clients, Beri voiced their excitement to take part in the business’ forthcoming phases of growth.
Dev Bajaj, the Chief Strategy Officer for Dream Sports and the CEO of Dream Capital, remarked that as they are leading this fintech project, they are also happy to work with MarketWolf to democratise trading in India.
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