About Punch
Punch is a company based in Mumbai (India) founded in 2016 by Arshad Fahoum, Ajit Dandekar, Amit Dhakad, and Hiral Babulal Jain. It operates as a FinTech, and Commission-Based. Punch has raised $10.02 million across 8 funding rounds from investors including Lead Angels, Stellaris Venture Partners and Susquehanna. Punch offers products and services including High-Speed Trading, Custom Setup on Mobile, Scalping with Split Chart, and Risk Management Tools. Punch operates in a competitive market with competitors including Groww, Angel One, Upstox, Tiger Brokers and Samco, among others.
- Headquarter Mumbai, India
- Founders Arshad Fahoum, Ajit Dandekar, Amit Dhakad, Hiral Babulal Jain
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Market Pulse Securities Pvt. Ltd.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$10.02 M (USD)
in 8 rounds
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Latest Funding Round
$7 M (USD), Seed
Oct 30, 2023
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Investors
Lead Angels
& 45 more
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Employee Count
Employee Count
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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. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
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.
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Funding Insights of Punch
Punch has successfully raised a total of $10.02M across 8 strategic funding rounds. The most recent funding activity was a Seed round of $7 million completed in October 2023. 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 Total Funding
- Total Rounds 8
- Last Round Seed — $7.0M
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First Round
First Round
(01 Jun 2017)
- Investors Count 46
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2023 | Amount | Debt – Conventional - Punch | Valuation |
investors |
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| Oct, 2023 | Amount | Seed - Punch | Valuation | SIG , Stellaris Venture Partners | |
| Mar, 2023 | Amount | Seed - Punch | Valuation | Galiakotwala Engineering Company , Ms Diversified |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm investing in early-stage startups across fintech, software, and other sectors.
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Founded Year | Domain | Location | |
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Venture capital firm focused on seed and late stage investments
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Founded Year | Domain | Location | |
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Venture capital fund focused on tech startups
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Punch
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Punch
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Punch Comparisons
Competitors of Punch
Punch 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 Groww, Angel One, Upstox, Tiger Brokers and Samco, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
An online platform for investments and trading services is offered.
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| domain | founded_year | HQ Location |
App-based brokerage stock trading platform
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| domain | founded_year | HQ Location |
Tech-driven trading platform is offered for low-cost brokerage services.
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| domain | founded_year | HQ Location |
Online trading of stocks, securities, and options is enabled.
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| domain | founded_year | HQ Location |
Online trading platforms and investment tools are provided by Samco.
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| domain | founded_year | HQ Location |
Online investment and wealth management services are provided digitally.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Punch
When was Punch founded?
Punch was founded in 2016 and raised its 1st funding round 1 year after it was founded.
Where is Punch located?
Punch is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Who is the current CEO of Punch?
Amit Dhakad is the current CEO of Punch. They have also founded this company.
Is Punch a funded company?
Punch is a funded company, having raised a total of $10.02M across 8 funding rounds to date. The company's 1st funding round was a Seed of $501.8K, raised on Jun 01, 2017.
What does Punch do?
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.
What products or services does Punch offer?
Punch offers High-Speed Trading, Custom Setup on Mobile, Scalping with Split Chart, and Risk Management Tools.
Who are Punch's investors?
Punch has 46 investors. Key investors include Lead Angels, Stellaris Venture Partners, Susquehanna, InnoVen Capital, and Astir Ventures.