# Punch

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/punch

- Industry: Financial Services
- Headquarters: Mumbai, India
- Website: www.punch.trade
- Total disclosed funding: $7M
- Latest round: Seed (Aug 6, 2024)
- Investors on record: 4

## About

Punch is a trading platform based in India, specializing in index options and stock trading on major exchanges, providing tools for risk management and portfolio management for retail investors.Founded in 2016 in Mumbai, India, Punch operates as a brand under Market Pulse Securities Pvt. Ltd. The company focuses on offering a trading platform tailored for active retail investors. Punch was co-founded by Abhyudaya Pandey, Ameya Jain, Hiral Jain, and Shalabh Jaiswal. In its latest funding round in August 2024, Punch raised USD 7.000 mn in Seed funding from notable investors including Innovent Capital, Prime Venture Partners, Stellaris Venture Partners, and Susquehanna Growth Equity, bringing the total amount raised to USD 7.000 mn.Punch primarily delivers a comprehensive trading platform that focuses on index options, stock options, and stocks listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). Their mobile application allows users to execute trades efficiently while managing investment portfolios. Key features include one-tap risk and reward protection, single-screen trading, and real-time data visibility, catering specifically to individual retail traders.Punch's revenue model is based on transaction-based brokerage fees, charging ?20 per executed trade. Clients can open accounts with zero account opening fees and no annual maintenance charges, making the platform attractive to retail investors. The straightforward transaction structure allows users to place orders through the app, with revenue directly linked to the trading volume executed on the platform.In August 2024, Punch secured USD 7.000 mn in Seed funding, which will be utilized to enhance its market presence and bolster research and development efforts. The company plans to introduce new products aimed at improving trading functionalities while exploring opportunities for expansion in additional geographic markets in the near future.

## Funding rounds

- Seed, Aug 6, 2024, $7M — Susquehanna Growth Equity, Prime Venture Partners, Stellaris Venture Partners, Innovent Capital

## Investors

- Susquehanna Growth Equity (https://capitalatlas.ai/funds/susquehanna-growth-equity) — Seed
- Prime Venture Partners (https://capitalatlas.ai/funds/prime-venture-partners) — Seed
- Stellaris Venture Partners (https://capitalatlas.ai/funds/stellaris-venture-partners) — Seed
- Innovent Capital (https://capitalatlas.ai/funds/innovent-capital) — Seed