About Mudrex
Mudrex is a company based in Bengaluru (India) founded in 2018 by Alankar Saxena and Edul Patel. Mudrex has raised $21.47 million across 4 funding rounds from investors including Tribe Capital, Nexus Venture Partners and Arkam Ventures. Mudrex operates in a competitive market with competitors including Crypto Facilities, Auros, CoinRoutes, Soon and CyberX, among others.
- Headquarter Bengaluru, India
- Founders Alankar Saxena, Edul Patel
-
Sectors
Financial Services
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
-
Annual Revenue
$48.08 M (USD)4959as on Mar 31, 2024
-
Net Profit
$279.21 K (USD)5994as on Mar 31, 2024
-
EBITDA
$381.64 K (USD)30766as on Mar 31, 2024
-
Total Equity Funding
$21.47 M (USD)
in 4 rounds
-
Latest Funding Round
$12.32 M (USD), Series A
Jul 20, 2022
-
Investors
Tribe Capital
& 8 more
-
Employee Count
Not available
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
People of Mudrex
Unlock access to complete
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.
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.
|
Locked | Locked | Locked | |
|
Tech-enabled sectors are invested in by the venture capital fund.
|
Locked | Locked | Locked | |
|
Venture capital fund investing in early-stage start-ups
|
Locked | Locked | Locked |
Investor details for Mudrex
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Mudrex
Investment portfolio details for Mudrex
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
Financial Statements - Mudrex
Detailed financials for Mudrex
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Mudrex Comparisons
Peer comparison for Mudrex
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Mudrex
Mudrex operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Crypto Facilities, Auros, CoinRoutes, Soon and CyberX, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
Bitcoin derivatives are traded with daily blockchain settlements provided.
|
|
| Locked | Locked | Locked |
Algorithmic trading and market-making services are offered globally.
|
|
| Locked | Locked | Locked |
Algorithmic trading for cryptocurrencies is enabled via a specialized platform.
|
|
| Locked | Locked | Locked |
Automated crypto investing solutions are provided by Soon.
|
|
| Locked | Locked | Locked |
Automated cryptocurrency trading across multiple exchanges is facilitated.
|
Detailed competitors of Mudrex
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Mudrex
Complete news archive for Mudrex
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
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 current CEO of Mudrex. They have also founded this company.
Mudrex is a funded company, having raised a total of $21.47M across 4 funding rounds to date.
Annual revenue of Mudrex is $48.08M as on Mar 31, 2024.
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's top competitors include Auros, Crypto Facilities and CoinRoutes.
Mudrex has 9 investors. Key investors include Tribe Capital, Nexus Venture Partners, Arkam Ventures, QED Investors, and Village Global.