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Mochatrade Raises $5.5 Mn To Build A US Stock Trading Platform For Indian Traders

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Mochatrade Raises $5.5 Mn To Build A US Stock Trading Platform For Indian Traders

Fintech startup Mochatrade, which offers US Stock tokens trading platform for Indian traders, announced the raise of $5.5 Mn (₹52.3 Cr) in a seed funding round led by CoinFund, with participation from Coinbase Ventures and Zero Knowledge Ventures, among others.

The startup will use the fresh capital to bolster its trading engine and risk infrastructure and expand its reach among active Indian traders.

Founded in 2026 by Utkarsh Sinha, Chetan Manda and Parth Maheshwari, Mochatrade is building a trading platform that allows Indian retail traders and global investors to trade perpetual futures and price-tracking contracts linked to US stocks, cryptocurrencies, commodities and major indices.

Its waitlist has crossed 25,000 sign-ups, although it is yet to announce a public launch date.

The platform is expected to allow users to fund their accounts through UPI and track balances, margins and profit and loss (P&L) in Indian rupees (INR). 

The platform’s perpetual futures contracts will allow traders to take long or short positions based on their expectations of price movements, without owning the underlying assets. Unlike conventional futures contracts, these instruments have no fixed expiry date.

Mochatrade will also offer leveraged trading, allowing users to take larger positions with less upfront capital. However, leverage can amplify losses as well as gains. The startup plans to earn revenue through trading fees and eventually introduce contracts linked to select pre-IPO companies, US stock options and social trading features, subject to regulatory approvals.

9 Tn in options premium turnover last year. The appetite to trade is already here.


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