Pi42

Ahmedabad, India Founded: 2008 • Age: 18 yrs
Offers platform for trading crypto futures in Indian Rupees with leverage and risk tools.
Annual revenue $146,951 Latest available
Total funding - Funding intelligence
Employees 47 Tracked headcount
Investors - Known backers
Products 2 Services tracked
Competitors 9 Brand Intelligence

About Pi42

Pi42 is a company based in Ahmedabad (India) founded in 2008 by Avinash Shekhar and Nischal Shetty. It operates as a D2C and Marketplace. The company has 47 employees as of March 31, 2024. Pi42 offers products and services including Crypto-INR Perpetual Futures Platform and API Trading. Pi42 operates in a competitive market with competitors including KuCoin, Bitso, Coinsquare, Coinbase and Kraken, among others.

  • Headquarter Ahmedabad, India
  • Employees 47 as on 31 Mar, 2024
  • Founders Avinash Shekhar, Nischal Shetty
  • Sectors
    Financial Services
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Lightningnodes Technologies Private Limited
  • Jurisdiction Ahmadabad City, Gujarat, India
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $146.95 K (USD)
    0
    as on Mar 31, 2024
  • Net Profit
    -$92.42 K (USD)
    0
    as on Mar 31, 2024
  • EBITDA
    -$84.16 K (USD)
    0
    as on Mar 31, 2024
  • Latest Funding Round
    Not available
  • Investors
    Not available
  • Employee Count
    47

    as on Mar 31, 2024

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Products & Services of Pi42

Pi42 offers a comprehensive portfolio of products and services, including Crypto-INR Perpetual Futures Platform and API Trading.

Product name locked
Category locked
Primary

Enables trading of crypto futures with INR settlement and high leverage.

Product name locked
Category locked
Locked

Provides programmatic access for automated crypto trading operations.

People of Pi42

Headcount 10-50
Employee Profiles 8
Employee Profiles
People
Satish Mishra
Chief Technology Officer
People
Radha Krishnan Kannan
SDE - 1
People
Sudhakar Pradhan
Head Of Growth
People
Avinash Shekhar
CEO

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Funding Insights of Pi42

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Detailed funding history for Pi42

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  • Funding amounts
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  • Valuation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Pi42

Investments
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Investment portfolio details for Pi42

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Financial Statements - Pi42

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Detailed financials for Pi42

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  • Profit trends
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Pi42 Comparisons

Pi42 Primary company
Description
Offers platform for trading crypto futures in Indian Rupees ...
Location
Ahmedabad, India
Founded Year
2008
Annual Revenue
$146.95 K (USD)
Net Profit
-$92.42 K (USD)
EBITDA
-$84.16 K (USD)
Employees
47
As of 2024
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Peer comparison for Pi42

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Competitors of Pi42

Pi42 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 KuCoin, Bitso, Coinsquare, Coinbase and Kraken, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Cryptocurrencies are bought, sold, and traded via this exchange platform.
Locked Locked Locked
Cryptocurrencies are traded and exchanged through an online platform.
Locked Locked Locked
Digital assets are bought, sold, and traded on Coinsquare.
Locked Locked Locked
Cryptocurrency trading, storage, and exchange services are offered online.
Locked Locked Locked
Provider of an app-based trading and exchange platform for cryptocurrency
Locked Locked Locked
Online robo advisory and stock trading services are provided.
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Detailed competitors of Pi42

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Latest news on Pi42

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Complete news archive for Pi42

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Frequently Asked Questions about Pi42

Pi42 was founded in 2008.

Pi42 is headquartered in Ahmedabad, India. It is registered at Ahmedabad, Gujarat, India.

Avinash Shekhar is the current CEO of Pi42. They have also founded this company.

As of Mar 31, 2024, the latest employee count at Pi42 is 47.

Annual revenue of Pi42 is $146.95K as on Mar 31, 2024.

Pi42 operates as Indias first crypto-INR perpetual futures trading exchange, allowing users to trade digital assets like Bitcoin and Ethereum against the Indian Rupee. It features high leverage, fast execution, and tools for risk management such as stop losses. Based in Ahmedabad, Gujarat, it serves individual traders and investors through an app and web platform, emphasizing tax-efficient strategies and referral programs to enhance user engagement.

Pi42's top competitors include Coinbase, Bitso and KuCoin.

Pi42 offers Crypto-INR Perpetual Futures Platform and API Trading.

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