About Punch
Punch is a Technology company based in Mumbai (India) founded in 2016 by Arshad Fahoum, Ajit Dandekar, Amit Dhakad, and Hiral Babulal Jain. Punch is recognized as a high-speed trading platform for options. It operates on a FinTech and Commission-Based model. Punch has raised $17.02 million across 9 funding rounds from investors including Lead Angels, Stellaris Venture Partners and Susquehanna. Its chief executive, as recorded, is Amit Dhakad. Its website punch.trade draws about 158 thousand monthly visits. Its Indian entity Market Pulse Securities Private Limited reported revenue of ₹7.30 Cr. Punch offers products and services including High-Speed Trading, Custom Setup on Mobile, Scalping with Split Chart, and Risk Management Tools. Its focus areas include Financials, Capital Markets and Stock Brokerage. Its competitors include Groww, Angel One and Upstox; 3 of its 3 listed competitors have raised funding.
Company details
Punch, operated by Market Pulse Securities Pvt. Ltd., is established as a registered stockbroker with NSE and BSE in India. Trading solutions for index and stock options are provided through a single-screen interface. High-speed execution, custom mobile setups, scalping with split charts, and risk management tools are offered to users. The platform is designed for serious traders, focusing on speed and efficiency in the financial markets. Services are extended to equity trading with zero account maintenance and opening fees. The company is positioned in the capital markets sector, catering to individual and institutional investors.
- Headquarters Mumbai, India
- Founders Arshad Fahoum, Ajit Dandekar, Amit Dhakad, Hiral Babulal Jain
- SectorsTechnology
- Website category Finance · Investing
- Email••••••••
- Phone•••• ••••
- Website punch.trade
- Social LinkedIn X
- Legal Name Market Pulse Securities Pvt. Ltd.
- Date of Incorporation 27 Feb, 2021
- Jurisdiction Mumbai, Maharashtra, India
- Annual Revenue₹7.30 Cr
FY 2025 · +474% YoY
- Net Loss-₹23.64 Cr
FY 2025 · -324% margin
- EBITDA-₹23.51 Cr
FY 2025 · -322% margin
- Total Equity Funding$17.02M (USD)
in 9 rounds
- Latest Funding Round$7M (USD), Seed
Aug 2024
- InvestorsLead Angels
& 45 more
Associated legal entities of Punch
Punch is associated with 2 registered companies on The Company Check; the primary company is Market Pulse Securities Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Market Pulse Securities Private Limited CIN U67190MH2021PTC356067 | Active | 27 Feb 2021 | Mumbai, Maharashtra | ₹7.3 Cr | 16 | 5 | View details |
| Market Pulse Technologies Private Limited CIN U74999MH2016PTC285256 | Active | 29 Aug 2016 | Mumbai, Maharashtra | ₹6.5 Cr | 9 | 3 | View details |
Products & Services of Punch
Punch offers a comprehensive portfolio of products and services, including High-Speed Trading, Custom Setup on Mobile, Scalping with Split Chart, and Risk Management Tools.
High-speed trading is enabled on a single screen.
Custom trading setups are provided for mobile users.
Scalping is supported with dual split chart functionality.
Risk management tools are offered for safer trading.
Apps and channels of Punch
Punch publishes 1 mobile app with over 1M+ downloads.
Funding Insights of Punch
Punch has successfully raised a total of $17.02M across 9 strategic funding rounds. The most recent funding activity was a Seed round of $7 million completed in August 2024. 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 $17.02M
- Total Rounds 9
- Last Round Seed — $7M
- First Round $186,414
(Jun 2017)
- Investors Count 46
All 9 funding rounds of Punch 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 2024 | $7M | Seed | – | – | |
| Oct 2023 | Debt – Conventional | – | – | ||
| Oct 2023 | $7M | Seed | – | SIG, Stellaris Venture Partners | |
| Mar 2023 | $501,800 | Seed | – | Galiakotwala Engineering Company, Ms Diversified | |
| Feb 2022 | $1.2M | Seed | – | Nitish Mittersain, Apurva Parekh | |
| Jul 2021 | $185,487 | Seed | – | SECURCAP | |
| Jul 2020 | $200,676 | Seed | – | SECURCAP | |
| Jan 2020 | $750,000 | Seed | – | Rashmi Kwatra, Umasankar Nistala | – |
| Jun 2017 | $186,414 | Seed | – | Rosebay Consulting, SECURCAP |
46 investors in total: 15 institutional and 31 angel.
Investors in Punch
Punch has secured backing from 46 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Lead Angels, Stellaris Venture Partners and Susquehanna.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm investing in early-stage startups across fintech, software, and other sectors. | 2016 | stellarisvp.com | Bengaluru, India | |
Venture capital firm focused on seed and late stage investments | sig-asiavc.com | Hong Kong, China | ||
Venture capital fund focused on tech startups | primevp.in | Bengaluru, India | ||
Venture debt financing is extended to companies across multiple sectors. | 2008 | innovencapital.com | Mumbai, India | |
Diversified investment management is handled by SIG across multiple assets. | 1987 | sig.com | Bala Cynwyd, United States | |
Venture capital investment firm | 2015 | exosventures.com | Mexico, Mexico | |
Venture capital funding is provided to innovative startups in India. | Mumbai, India | |||
Early-stage investments and mentoring services are conducted by Astir Ventures in various locations. | astir.vc | San Jose, United States | ||
Investment in high-growth startups and angel funding services in India. | 2014 | leadangels.in | Mumbai, India | |
Supply of sulphuric acid equipment and mist eliminators for chemical process industries. | 1923 | galiakotwala.in | Mumbai, India |
Investor details for Punch
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 Market Pulse Securities Private Limited (Punch)
Market Pulse Securities Private Limited is the primary company behind Punch. The boards of the 2 registered companies of Punch currently have 4 directors; the longest-serving is Aditya Goel, appointed in 2017. 5 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Aditya Goel DIN 00327150 | Director | 01 Jun 2017 | 9 yrs 5 mo | Market Pulse Technologies Private Limited |
| Hiral Babulal Jain DIN 07562729 | Director | 27 Feb 2021 | 5 yrs 8 mo | Market Pulse Securities Private Limited, Market Pulse Technologies Private Limited |
| Arshad Fahoum Burhan DIN 05290342 | Director | 27 Feb 2021 | 5 yrs 8 mo | Market Pulse Securities Private Limited |
| Amit Kanhaiyalal Dhakad DIN 07543838 | CEO | 24 Aug 2024 | 2 yrs 2 mo | Market Pulse Securities Private Limited, Market Pulse Technologies Private Limited |
People of Punch
36 people are tracked at Punch (7 in leadership, 29 in team).
| Name | Role | Group |
|---|---|---|
| Co-Founder | Leadership | |
Ajit Dandekar | Co-Founder | Leadership |
| Co-Founder & CEO | Leadership | |
| Co-Founder & COO | Leadership | |
Lionel Lobo | Head Of Design | Leadership |
Charmi Shah | Head Of Compliance | Leadership |
Karan Rathi | Head Of Finance | Leadership |
Omkar Mavlankar | Broking Operations | Team |
Neel Deshmukh | Software Engineer | Team |
Pooja Pareek | Compliance Specialist | Team |
Hiral Vora | Risk Management | Team |
Unnati Upadhyay | Compliance Specialist | Team |
Mahesh Patade | Lead Devops Engineer | Team |
Krishna Jha | Risk Management Specialist | Team |
Dhaval Darji | UI Designer | Team |
Nilay Raut | Depository Operations Associate | Team |
Hitesh Thakur | Developer | Team |
Yugandhar Kakde | Domain Content Specialist - Technical Analysis | Team |
Bhushan Pednekar | Team Lead | Team |
Gaurav Teli | Operations | Team |
16 more people are available in the full profile.
Complete people profiles for Punch
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 Punch
Figures of Market Pulse Securities Private Limited, the primary company behind Punch, for FY 2025. Revenue was ₹7.30 Cr (+474% year on year). Net loss was -₹23.64 Cr (-324% margin). EBITDA was -₹23.51 Cr (-322% margin). Revenue has grown at a compounded annual rate of +614% over three years.
- ₹7.30 CrRevenue · FY 2025 · +474% YoY
- -₹23.64 CrNet loss · -324% margin
- -₹23.51 CrEBITDA · -322% margin
- ₹1.05 CrPaid-up capital
- 16Employees (provident fund records)
- +614%Revenue CAGR, 3 years
Balance sheet, profit and loss, cash flow and ratios of Market Pulse Securities Private Limited are on its company page.
Detailed financial statements for Punch
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
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Verified entity values are shown only after access is granted.
Timeline of Punch
3 dated milestones of Punch across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Punch is founded.
- Funding First funding round of $186K.
- Funding Latest funding round, Seed, of $7.0M.
Competitors of Punch
Punch has 3 listed competitors in our database, 3 of them funded. They include Groww, Angel One and Upstox.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| groww.in | 2016 | Bengaluru, India | $595.76M | 933 | An online platform for investments and trading services is offered. | |
| angelone.in | 1996 | Mumbai, India | $38.41M | 2,974 | App-based brokerage stock trading platform | |
| upstox.com | 2009 | Mumbai, India | $219.86M | 582 | Tech-driven trading platform is offered for low-cost brokerage services. |
Detailed competitors of Punch
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Punch
The website of Punch (punch.trade) receives about 157.9K visits a month and ranks #285,882 among all websites worldwide, #3,050 in Investing.
- Monthly visits157.9K
▼ 8.3% vs previous month
- Unique visitors70.7K
per month
- Global rank#285,882
among all websites
- Category rank#3,050
Finance · Investing
- Bounce rate64%
- Pages per visit1.5
- Average visit2 min 13 sec
- DevicesDesktop 3% · Mobile 97%
Websites whose visitors overlap most with Punch. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| market-pulse.in | 100% | 126K | #586,881 | View details | |
| parasramindia.com | 85% | #567,365 | View details | ||
| stellarisvp.com | 80% | 11.5K | #1,934,400 | View details | |
| stolo.in | 79% | 63.5K | #428,340 | View details | |
auto.hindustantimes.com | auto.hindustantimes.com | 76% | #67,715 | – |
Top companies in Investment & Financial Technology
2 companies that operate in the same segment as Punch (Investment & Financial Technology) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
App-based brokerage stock trading platform | 1996 | Mumbai, Maharashtra, India | USD 38.41 M | USD 548.9 M | 3,830 | |
Smart investment portfolios are offered via an online platform. | 2015 | Bengaluru, Karnataka, India | USD 121.05 M | USD 635.51 K | 231 |
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Related news about Punch
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Frequently Asked Questions about Punch
Punch was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Punch is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Amit Dhakad is the CEO of Punch, as recorded in our data. They have also founded this company.
Punch is a funded company, having raised a total of $17.02M across 9 funding rounds to date. The company's 1st funding round was a Seed of $186.41K, raised on Jun 2017.
The primary company behind Punch, Market Pulse Securities Private Limited, reported revenue of ₹7.30 Cr for FY 2025, up 474% year on year.
Punch, operated by Market Pulse Securities Pvt. Ltd., is established as a registered stockbroker with NSE and BSE in India. Trading solutions for index and stock options are provided through a single-screen interface. High-speed execution, custom mobile setups, scalping with split charts, and risk management tools are offered to users. The platform is designed for serious traders, focusing on speed and efficiency in the financial markets. Services are extended to equity trading with zero account maintenance and opening fees. The company is positioned in the capital markets sector, catering to individual and institutional investors.
Punch offers High-Speed Trading, Custom Setup on Mobile, Scalping with Split Chart, and Risk Management Tools.
Punch has 46 investors. Key investors include Lead Angels, Stellaris Venture Partners, Susquehanna, InnoVen Capital, and Astir Ventures.
Punch is associated with 2 legal entities: Market Pulse Securities Private Limited, Market Pulse Technologies Private Limited.
The legal entities of Punch currently have 5 directors, including Hiral Babulal Jain, Amit Kanhaiyalal Dhakad, Arshad Fahoum Burhan and others.
Yes. Punch publishes Punch: F&O, Stocks Trading App, with over 1 million downloads.