Trading-tech platform Market Pulse raises $1.2 million in its pre-seed round of funding
Market Pulse, a trading technology business, has secured $1.2 million in pre-seed capital from high net-worth individuals, including Nitish Mittersain (founder & MD, Nazara Technologies), Apurva Parekh (director at Pidilite Industries), and current investor Aditya Goel, director at Epacific Services India.
The startup intends to use the money for stock brokerage. The trading platform’s beta testing is now complete, and it will be made available to the general public in the last week of August, according to a statement from the firm.
Amit Dhakad, founder and CEO of Market Pulse, said, “The top 3 brokers conduct 90% of their trading through their mobile applications. The true opportunities and considerable advancement that technology may bring to the trading community, however, are being missed by these applications, which are merely acting as execution conduits. The path, expectations, and requirements of the trader must be carefully examined.”
Aditya Goel, board member and lead investor, stated, “Watching Amit and Hiral enter a confined environment and build a successful firm from nothing has been intriguing. I am pleased to continue collaborating with them on their new path and enter into stock brokerage.”
About Market Pulse
Market Pulse, a stockbroker with offices in Mumbai and Hiral Jain, was established in 2016 with the goal of reimagining trading technologies for the next generation of traders. For equities and commodities traders who need to monitor and analyse the market, find opportunities, and make informed trading choices on the fly, Market Pulse is the go-to tool.
Market Pulse seems to be an intriguing startup with inspiring development on technology, information and internet platform. I’m certain this startup would keep on thriving in its excursion ahead. All the best to the whole group. This will give them an enormous achievement in the future.Shishir Gupta, Founder and CEO, StartupLanes
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