About Mudrex
Mudrex is a Financial Services company based in Bengaluru (India) founded in 2018 by Alankar Saxena and Edul Patel. Crypto investments in coins, futures, and coin sets are facilitated. Mudrex has raised $21.47 million across 4 funding rounds from investors including Tribe Capital, Nexus Venture Partners and Arkam Ventures. Its chief executive, as recorded, is Edul Patel. Its website mudrex.com draws about 221 thousand monthly visits. Its Indian entity Rpfas Technologies Private Limited reported revenue of ₹13.61 Cr. Its focus areas include FinTech, Cryptocurrencies, Investment Industry and Online Trading Platforms.
Company details
Mudrex was founded in 2018 in Bengaluru, India, as a platform in the cryptocurrency sector. Systematic token investments are enabled, with tools for risk management and regular investing provided. Perpetual crypto contracts with leverage and liquidity are offered, alongside theme-based baskets for diversified, rebalanced portfolios. Fiat onoff ramps support various deposit methods, while educational resources and security measures, including insured funds and encrypted data, are maintained.
- Headquarters Bengaluru, India
- Founders Alankar Saxena, Edul Patel
- SectorsFinancial Services
- Website category Finance · Investing
- Email••••••••
- Website mudrex.com
- Social LinkedIn X Facebook
- Legal Name Rpfas Technologies Private Limited
- Date of Incorporation 10 Jan, 2018
- Annual Revenue₹13.61 Cr
FY 2025 · -97% YoY
- Net Loss-₹27.6 Lakh
FY 2025 · -2% margin
- EBITDA-₹2.9 Lakh
FY 2025 · 0% margin
- Total Equity Funding$21.47M (USD)
in 4 rounds
- Latest Funding Round$12.32M (USD), Series A
Jul 2022
- InvestorsTribe Capital
& 8 more
Associated legal entities of Mudrex
Mudrex operates through Rpfas Technologies Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Rpfas Technologies Private Limited CIN U74999KA2018PTC109384 | Active | 10 Jan 2018 | Bangalore, Karnataka | ₹13.6 Cr | 3 | View details |
Funding Insights of Mudrex
Mudrex has successfully raised a total of $21.47M across 4 strategic funding rounds. The most recent funding activity was a Series A round of $12.32 million completed in July 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $21.47M
- Total Rounds 4
- Last Round Series A — $12.32M
- First Round $150,000
(Feb 2019)
- Investors Count 9
All 4 funding rounds of Mudrex with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2022 | $12.32M | Series A | – | – | – |
| Dec 2021 | $6.5M | Seed | – | Arkam Ventures | |
| Aug 2021 | $2.5M | Seed | – | Nexus Venture Partners, Village Global | |
| Feb 2019 | $150,000 | Seed | – | Y Combinator | – |
9 investors in total: 6 institutional and 3 angel.
Investors in Mudrex
Mudrex has secured backing from 9 investors, including venture fund and angel investors. Prominent investors backing the company include Tribe Capital, Nexus Venture Partners and Arkam Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Investments are made in global seed and early-stage startups. | 2018 | tribecap.co | Menlo Park, United States | |
Tech-enabled sectors are invested in by the venture capital fund. | arkamvc.com | Bengaluru, India | ||
Venture capital fund investing in early-stage start-ups | qedinvestors.com | Alexandria, United States | ||
Venture capital firm that partners with entrepreneurs for product-first companies. | 2006 | nexusvp.com | Menlo Park, United States | |
Early-stage venture capital investing, network building, and founder support services. | villageglobal.vc | |||
Early-stage startups are accelerated via funding and educational programs. | ycombinator.com | Mountain View, United States | ||
KS Kunal Shah | Founder of CRED, serial entrepreneur, and prominent Indian angel investor | unknown_e94e794045154f00a | ||
AC Anand Chandrashekharan | unknown_fc4432a69cd64470b | |||
AB Anjali Bansal | Founder of Avaana Capital, ex-McKinsey Partner, active angel investor | unknown_fbddcdee1cfe410e8 |
Investor details for Mudrex
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Board of directors of Rpfas Technologies Private Limited (Mudrex)
Rpfas Technologies Private Limited is the primary company behind Mudrex. The board of Rpfas Technologies Private Limited currently have 3 directors; the longest-serving is Edul Mehernosh Patel, appointed in 2018. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Edul Mehernosh Patel DIN 06897363 | Director | 10 Jan 2018 | 8 yrs 9 mo | Rpfas Technologies Private Limited |
| Anil Dnyaneshwar Kuklare DIN 11277507 | Additional Director | 01 Sep 2024 | 2 yrs 2 mo | Rpfas Technologies Private Limited |
| Rajesh Brindavan Pandey DIN 11143544 | Additional Director | 03 Jun 2025 | 1 yr 5 mo | Rpfas Technologies Private Limited |
People of Mudrex
37 people are tracked at Mudrex (6 in leadership, 31 in team).
| Name | Role | Group |
|---|---|---|
Alankar Saxena | Co-Founder | Leadership |
| Co-Founder & CEO | Leadership | |
Nayansi Jain | Vp, Product And Creative Design | Leadership |
Pratibha Shetty | Head-customer Success | Leadership |
Saurabh Kumar | Vice President Of Growth & International Expansion | Leadership |
Pranjal Agarwal | India Market Head | Leadership |
Yashwant Lakhera | Motion Designer | Team |
Deepak Redd | Senior Product Designer | Team |
Roshni Sharma | Senior Growth Analyst | Team |
Onur Naim Çoban | Growth Manager | Team |
Prerna Athia | Senior Product Designer | Team |
Manan Kevadiya | Frontend Developer | Team |
Aniket Parate | Sr. Software Engineer | Team |
Bhavya Verma | Senior Human Resources Manager | Team |
Anish Bajpai | Software Engineer | Team |
Aditya S. | Product Manager | Team |
Christy Joe Prathiban | Backend Engineer | Team |
Raksha Saraswat | Creative Designer | Team |
Apoorva Pandey | Growth Marketing Manager | Team |
Arunava Basak | Design Manager | Team |
17 more people are available in the full profile.
Complete people profiles for Mudrex
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Financials of Mudrex
Figures of Rpfas Technologies Private Limited, the primary company behind Mudrex, for FY 2025. Revenue was ₹13.61 Cr (-97% year on year). Net loss was -₹27.6 Lakh (-2% margin). EBITDA was -₹2.9 Lakh (0% margin). Revenue has grown at a compounded annual rate of +141% over three years and +59% over five years.
- ₹13.61 CrRevenue · FY 2025 · -97% YoY
- -₹27.6 LakhNet loss · -2% margin
- -₹2.9 LakhEBITDA · 0% margin
- ₹1 LakhPaid-up capital
- +141%Revenue CAGR, 3 years
- +59%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of Rpfas Technologies Private Limited are on its company page.
Detailed financial statements for Mudrex
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Timeline of Mudrex
3 dated milestones of Mudrex across 4 years, from founding to its latest funding, stage changes and deals.
- Founded Mudrex is founded.
- Funding First funding round of $150K.
- Funding Latest funding round, Series A, of $12.3M.
Web traffic of Mudrex
The website of Mudrex (mudrex.com) receives about 220.9K visits a month and ranks #190,396 among all websites worldwide, #2,027 in Investing.
- Monthly visits220.9K
▼ 4.9% vs previous month
- Unique visitors90.3K
per month
- Global rank#190,396
among all websites
- Category rank#2,027
Finance · Investing
- Bounce rate36%
- Pages per visit2.6
- Average visit1 min 19 sec
- DevicesDesktop 51% · Mobile 49%
Websites whose visitors overlap most with Mudrex. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| coindcx.com | 100% | 1.5M | #31,158 | View details | |
| wazirx.com | 96% | 439.3K | #80,490 | View details | |
| zebpay.com | 89% | 253.4K | #155,029 | View details | |
| binance.com | 89% | 48.2M | #741 | View details | |
| delta.exchange | 86% | 4.9M | #6,461 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Mudrex
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Related news about Mudrex
Complete news archive for Mudrex
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Frequently Asked Questions about Mudrex
Mudrex was founded in 2018 and raised its 1st funding round 1 year after it was founded.
Mudrex is headquartered in Bengaluru, India. It is registered at Bengaluru, Karnataka, India.
Edul Patel is the CEO of Mudrex, as recorded in our data. They have also founded this company.
Mudrex is a funded company, having raised a total of $21.47M across 4 funding rounds to date. The company's 1st funding round was a Seed of $150K, raised on Feb 2019.
The primary company behind Mudrex, Rpfas Technologies Private Limited, reported revenue of ₹13.61 Cr for FY 2025, down 97% year on year.
Mudrex was founded in 2018 in Bengaluru, India, as a platform in the cryptocurrency sector. Systematic token investments are enabled, with tools for risk management and regular investing provided. Perpetual crypto contracts with leverage and liquidity are offered, alongside theme-based baskets for diversified, rebalanced portfolios. Fiat onoff ramps support various deposit methods, while educational resources and security measures, including insured funds and encrypted data, are maintained.
Mudrex has 9 investors. Key investors include Tribe Capital, Nexus Venture Partners, Arkam Ventures, QED Investors, and Village Global.
Mudrex operates through Rpfas Technologies Private Limited.
The legal entities of Mudrex currently have 3 directors, including Edul Mehernosh Patel, Rajesh Brindavan Pandey, Anil Dnyaneshwar Kuklare.
The website of Mudrex receives about 221 thousand visits a month and ranks #190,396 among all websites worldwide.