Mochatrade Raises $5.5M Seed Round Led by CoinFund

27 Oct 2026, 9:50 am · 2h ago · 1 min read · EntrackrNew

Amount

$5.5M

Stage

Seed

Lead

CoinFund

Trading platform Mochatrade has raised $5.5 million in seed funding led by CoinFund, with backing from Coinbase Ventures, Zero Knowledge Ventures, Y Combinator, and Pioneer Fund. Founded in 2024 by Utkarsh Sinha, Parth Maheshwari, and Chetan Manda, Mochatrade allows Indian retail investors to trade perpetual futures contracts linked to US stocks, indices, and commodities using UPI and Indian rupee balances without opening offshore brokerage accounts. Registered with the Financial Intelligence Unit India as a reporting entity, the startup will use the fresh capital to build its trading engine, strengthen risk infrastructure, and expand trader outreach.