About National Commodity & Derivatives Exchange
National Commodity & Derivatives Exchange is an Agriculture company based in Mumbai (India) founded in 2003. Agricultural commodity derivatives are traded on an online exchange platform. National Commodity & Derivatives Exchange has raised $136.34 million across 6 funding rounds from investors including Groww, Punjab National Bank and Life Insurance Corporation of India. The company has 215 employees. National Commodity & Derivatives Exchange was last valued at $74.5 million in December 2010. Its chief executive, as recorded, is Arun Raste. Its website ncdex.com draws about 455 thousand monthly visits. Its Indian entity National Commodity And Derivatives Exchange Limited reported revenue of ₹153 Cr. National Commodity & Derivatives Exchange offers products and services including Potatoes and Grain Marketing. Its focus areas include Food and Agriculture and Agriculture Trade Associations.
Company details
The National Commodity Derivatives Exchange was founded in 2003 in Mumbai, India. An online platform is operated for trading agricultural and select non-agricultural commodity derivatives, including pulses, spices, guar, barley, wheat, and soybeans. Price discovery and risk management are facilitated through this system. Intermediaries are reduced, and trading is enabled via technology for greater market transparency in the commodities sector.
- Headquarters Mumbai, India
- Employees 215
- Stage Minicorn
- SectorsAgriculture
- Website category Finance · Investing
- Email••••••••
- Phone•••• ••••
- Website ncdex.com
- Social LinkedIn X
- Legal Name National Commodity And Derivatives Exchange Limited
- Date of Incorporation 23 Apr, 2003
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹153 Cr
FY 2026 · +26% YoY
- Net Loss-₹46.24 Cr
FY 2026 · -30% margin
- EBITDA-₹38.44 Cr
FY 2026 · -25% margin
- Total Equity Funding$136.34M (USD)
in 6 rounds
- Latest Funding Round$57.07M (USD), Series C
Aug 2025
- InvestorsGroww
& 17 more
- Employee Count215
Associated legal entities of National Commodity & Derivatives Exchange
National Commodity & Derivatives Exchange operates through National Commodity And Derivatives Exchange Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| National Commodity And Derivatives Exchange Limited CIN U51909MH2003PLC140116 | Active | 23 Apr 2003 | Mumbai, Maharashtra | ₹153 Cr | 215 | 14 | View details |
Products & Services of National Commodity & Derivatives Exchange
National Commodity & Derivatives Exchange offers a comprehensive portfolio of products and services, including Potatoes and Grain Marketing.
Potatoes are farmed and sold for food and industrial uses within the company's framework.
Grains are promoted and distributed from farms as part of the supporting operations.
Funding Insights of National Commodity & Derivatives Exchange
National Commodity & Derivatives Exchange has successfully raised a total of $136.34M across 6 strategic funding rounds. The most recent funding activity was a Series C round of $57.07 million completed in August 2025. 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 $136.34M
- Total Rounds 6
- Last Round Series C — $57.07M
- First Round $18.1M
(Mar 2010)
- Investors Count 18
All 6 funding rounds of National Commodity Derivatives Exchange 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 |
|---|---|---|---|---|---|
| Aug 2025 | $57.07M | Series C | – | – | |
| Jun 2024 | $36.5M | Series B | – | Life Insurance Corporation of India | |
| Nov 2013 | $7.37M | Series A | – | IDFC First Bank | – |
| Jan 2013 | Private Equity Round | – | – | ||
| Dec 2010 | $17.3M | Series A | $74.5M | Jaypee Capital | |
| Mar 2010 | $18.1M | Series A | $88.94M | Punjab National Bank |
| Date | Valuation | Stage |
|---|---|---|
| Dec 2010 | $74.5M | •••••••• |
| Mar 2010 | $88.94M | •••••••• |
Last known valuation $74.5M (Dec 2010). 18 investors in total: 17 institutional and 1 angel.
Investors in National Commodity & Derivatives Exchange
National Commodity & Derivatives Exchange has secured backing from 18 investors, including institutional, angel, and venture fund investors. Prominent investors backing the company include Groww, Punjab National Bank and Life Insurance Corporation of India.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
US private equity investments are managed by Acacia Partners. | acaciapartnersllc.com | Austin, United States | ||
| oijif.com | ||||
Commercial bank | 1997 | idfcfirstbank.com | Mumbai, India | |
Operates an online platform for investments across multiple markets. | jaypeeindia.com | Delhi, India | ||
Sugar production and bio-energy. | 1995 | renukasugars.com | Delhi, India | |
Stock exchange services including equities and derivatives are offered. | 1992 | nseindia.com | Mumbai, India | |
Life insurance and micro insurance services are provided in India. | 1956 | licindia.in | Mumbai, India | |
Provides financing and support for agriculture and rural development initiatives. | 1982 | nabard.org | Mumbai, India | |
Credit rating database for financial institutions, energy sectors, automobiles, and telecom | 1987 | crisil.com | Mumbai, India | |
Fertilizers are manufactured and marketed by IFFCO cooperative to farmers. | 1967 | iffco.in | Delhi, India |
Investor details for National Commodity Derivatives Exchange
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
Board of directors of National Commodity And Derivatives Exchange Limited (National Commodity & Derivatives Exchange)
National Commodity And Derivatives Exchange Limited is the primary company behind National Commodity & Derivatives Exchange. The board of National Commodity And Derivatives Exchange Limited currently have 10 directors; the longest-serving is Atul Roongta, appointed in 2017. 63 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Atul Roongta DIN 07878061 | CFO | 10 Aug 2017 | 9 yrs 2 mo | National Commodity And Derivatives Exchange Limited |
| Prem Kumar Malhotra DIN 07731762 | Director | 09 Aug 2018 | 8 yrs 2 mo | National Commodity And Derivatives Exchange Limited |
| Ashish Bahuguna DIN 02224776 | Director | 15 Jun 2020 | 6 yrs 4 mo | National Commodity And Derivatives Exchange Limited |
| Hemant Ratnakar Adarkar DIN 03127893 | Director | 13 Apr 2021 | 5 yrs 6 mo | National Commodity And Derivatives Exchange Limited |
| Arun Raste DIN 08561128 | Managing Director | 07 Jun 2021 | 5 yrs 4 mo | National Commodity And Derivatives Exchange Limited |
| Amalorpavanathan Rangasamy DIN 06941432 | Director | 03 Jan 2022 | 4 yrs 9 mo | National Commodity And Derivatives Exchange Limited |
| Sanjeev Rohilla DIN 08640408 | Director | 04 Jan 2024 | 2 yrs 9 mo | National Commodity And Derivatives Exchange Limited |
| Mukulita Vijayawargiya DIN 10497989 | Director | 09 Feb 2024 | 2 yrs 8 mo | National Commodity And Derivatives Exchange Limited |
| Soma Sankara Prasad DIN 02966311 | Director | 02 Jul 2024 | 2 yrs 3 mo | National Commodity And Derivatives Exchange Limited |
| Ratnakar Patnaik DIN 10283908 | Director | 24 Nov 2025 | 11 mo | National Commodity And Derivatives Exchange Limited |
People of National Commodity & Derivatives Exchange
39 people are tracked at National Commodity & Derivatives Exchange (15 in leadership, 6 in board & advisors, 18 in team); the tracked headcount is 215.
| Name | Role | Group |
|---|---|---|
| CEO & MD | Leadership | |
Seema Nayak | Chief Compliance Officer | Leadership |
Hitesh Savla | Chief - Trading Operations & Process Excellence | Leadership |
Aditi Mukherjee | Chief People Officer | Leadership |
Shah Kishore P. | Company Secretary - Vice President | Leadership |
Avinash Mohan | Chief - Enterprise Surveillance & Investigation | Leadership |
| Group Chief Financial Officer (cfo) | Leadership | |
Kavita Jha | Senior Vice President | Leadership |
Pritesh Ashar | Senior Vice President - Business Analysis And Quality Assurance | Leadership |
Deepali Jadhav | Assistant Vice President | Leadership |
Kunal Sanghani | ASST VICE President | Leadership |
Satish Sahane | Senior Vice President- HR | Leadership |
Nitin Desai | Senior Vice President | Leadership |
Shreekanth Shivram | Senior Vice President | Leadership |
Abhishek Mittal | Vice President - Technology | Leadership |
| Director | Board & advisors | |
Rakesh Kapur | Director | Board & advisors |
| Director | Board & advisors | |
| Director | Board & advisors | |
R. Amalorpavanathan | Director | Board & advisors |
19 more people are available in the full profile.
Complete people profiles for National Commodity & Derivatives Exchange
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Financials of National Commodity & Derivatives Exchange
Figures of National Commodity And Derivatives Exchange Limited, the primary company behind National Commodity & Derivatives Exchange, for FY 2026. Revenue was ₹153 Cr (+26% year on year). Net loss was -₹46.24 Cr (-30% margin). EBITDA was -₹38.44 Cr (-25% margin). Revenue has grown at a compounded annual rate of +4% over three years and +1% over five years.
- ₹153 CrRevenue · FY 2026 · +26% YoY
- -₹46.24 CrNet loss · -30% margin
- -₹38.44 CrEBITDA · -25% margin
- ₹89.69 CrPaid-up capital
- 215Employees (provident fund records)
- +4%Revenue CAGR, 3 years
- +1%Revenue CAGR, 5 years
Balance sheet, profit and loss, cash flow and ratios of National Commodity And Derivatives Exchange Limited are on its company page.
Detailed financial statements for National Commodity & Derivatives Exchange
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of National Commodity & Derivatives Exchange
4 dated milestones of National Commodity & Derivatives Exchange across 22 years, from founding to its latest funding, stage changes and deals.
- Founded National Commodity & Derivatives Exchange is founded.
- Funding First funding round of $18.1M.
- Milestone Reaches Minicorn status.
- Funding Latest funding round, Series C, of $57.1M.
Web traffic of National Commodity & Derivatives Exchange
The website of National Commodity & Derivatives Exchange (ncdex.com) receives about 455K visits a month and ranks #128,436 among all websites worldwide, #8,042 in Investing.
- Monthly visits455K
▼ 8.6% vs previous month
- Unique visitors44K
per month
- Global rank#128,436
among all websites
- Category rank#8,042
Finance · Investing
- Bounce rate57%
- Pages per visit3.1
- Average visit2 min 04 sec
- DevicesDesktop 8% · Mobile 92%
Websites whose visitors overlap most with National Commodity & Derivatives Exchange. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| mcxindia.com | 100% | 3.7M | #46,746 | View details | |
| nseindia.com | 91% | 19.9M | #2,783 | View details | |
| nmce.com | 85% | View details | |||
| bseindia.com | 85% | 10.6M | View details | ||
mcx-sx.com | mcx-sx.com | 72% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for National Commodity & Derivatives Exchange
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 40 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Agricultural Trade & Associations
3 companies that operate in the same segment as National Commodity & Derivatives Exchange (Agricultural Trade & Associations) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Incubation and support for startups in agritech, foodtech, clean tech, and rural healthcare sectors. | 2016 | Delhi, Delhi, India | USD 39.69 K | |||
ASSOCHAM facilitates business advocacy, events, and sector-specific reforms in India. | 1920 | Delhi, Delhi, India | USD 8.43 M | 163 | ||
Local government services in Alimosho, focusing on administration and community support. | 2012 | Bengaluru, Karnataka, India | USD 615.01 K | 37 |
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
Related news about National Commodity & Derivatives Exchange
Complete news archive for National Commodity Derivatives Exchange
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 National Commodity & Derivatives Exchange
National Commodity & Derivatives Exchange was founded in 2003 and raised its 1st funding round 7 years after it was founded.
National Commodity & Derivatives Exchange is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Arun Raste is the CEO of National Commodity & Derivatives Exchange, as recorded in our data.
National Commodity & Derivatives Exchange is a funded company, having raised a total of $136.34M across 6 funding rounds to date. The company's 1st funding round was a Series A of $18.1M, raised on Mar 2010.
National Commodity & Derivatives Exchange has 215 employees.
The primary company behind National Commodity & Derivatives Exchange, National Commodity And Derivatives Exchange Limited, reported revenue of ₹153 Cr for FY 2026, up 26% year on year.
The National Commodity Derivatives Exchange was founded in 2003 in Mumbai, India. An online platform is operated for trading agricultural and select non-agricultural commodity derivatives, including pulses, spices, guar, barley, wheat, and soybeans. Price discovery and risk management are facilitated through this system. Intermediaries are reduced, and trading is enabled via technology for greater market transparency in the commodities sector.
National Commodity & Derivatives Exchange offers Potatoes and Grain Marketing.
National Commodity & Derivatives Exchange has 18 investors. Key investors include Groww, Punjab National Bank, Life Insurance Corporation of India, IDFC First Bank, and Canara Bank.
The valuation of National Commodity & Derivatives Exchange is $74.5M as of Dec 2010.
National Commodity & Derivatives Exchange operates through National Commodity And Derivatives Exchange Limited.
The legal entities of National Commodity & Derivatives Exchange currently have 12 directors, including Ratnakar Patnaik, Arun Raste, Atul Roongta and others.