# FnO India Securities Private

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/fno-india-securities-private

- Industry: Software
- Headquarters: Mumbai, India
- Website: www.marketwolf.com
- Total disclosed funding: $10M
- Latest round: Series A (Nov 1, 2022)
- Investors on record: 6

## About

FnO India Securities Private Limited operates a trading platform that empowers retail investors to engage in options trading through a user-friendly application with innovative features and expert guidance.Established in 2017, FnO India Securities Private Limited is headquartered in Mumbai, India. The company focuses on providing a comprehensive trading platform for retail investors. Vishesh Dhingra, the founder and CEO, leads the company, which has successfully completed 5 deals and recently raised USD 0.43 mn in a SERIES A funding round from Riverwalk Holdings, bringing its total funds raised to USD 0.43 mn.MarketWolf offers a robust trading platform tailored for retail investors engaged in options trading. Key features include a flat brokerage fee of ?19 per order, zero annual maintenance charges, and trading insights from SEBI-registered experts. The platform is designed for both novice and experienced traders, facilitating seamless trading on major exchanges such as NSE, BSE, and MCX in India.In 2023, MarketWolf reported a revenue of USD 1,917,292.30 with an EBITDA of USD 242,441.80. The company generates income primarily through its brokerage services, charging a standard fee per trade executed on its platform and leveraging partnerships to enhance service offerings.FnO India Securities Private Limited aims to enhance its trading platform by developing new products and expanding its market presence. Plans are in place to target additional geographic regions for growth, supported by recent funding from Crescent Enterprises. The funds raised will be strategically utilized to drive product innovations and market expansion efforts, although specific launch dates and targeted regions have not been disclosed.

## Funding rounds

- Series A, Nov 1, 2022, $0.4M — Riverwalk Holdings
- Series A, Apr 11, 2022, $10M — Crescent Enterprises, Jungle Ventures, iSeed, 100Unicorns, Dream Capital, Riverwalk Holdings

## Investors

- Crescent Enterprises — Series A
- Jungle Ventures (https://capitalatlas.ai/funds/jungle-ventures) — Series A
- iSeed (https://capitalatlas.ai/funds/iseed) — Series A
- 100Unicorns (https://capitalatlas.ai/funds/100unicorns) — Series A
- Dream Capital (https://capitalatlas.ai/funds/dream-capital) — Series A
- Riverwalk Holdings (https://capitalatlas.ai/funds/riverwalk-holdings) — Series A