Fundraising Fox

Mudrex

YC W19 ↗

Bengaluru, IN · Founded 2018 · 11 employees · 7 known investors

mudrex.com ↗

Mudrex is a cryptocurrency trading platform that enables users to buy, sell, and trade 650+ digital assets including Bitcoin, altcoins, and Web3 tokens in Indian Rupees. The platform serves over 3 million Indian traders with spot trading, futures contracts, commodity perpetuals, and stablecoin on-ramp/off-ramp services.

Crypto & Web3FintechCrypto / Web3in /mudrex@officialmudrexycombinator.com ↗

Founders & leadership· Y Combinator alumni (W19)

EPEdul Patel
Edul PatelinFounder and CEO

Investors · 7

Better CapitalSanta Clara · $5K – $100Kvia Vaibhav Domkundwar · inferred
Capria VenturesBengaluru · $300K – $1M
Woodstock Fund
Y CombinatorSan Francisco · $500K
Arkam Venturesreported · 2 sourcesBengaluru · $1M – $5M
Nexus Venture PartnersreportedPort Louis, Port Louis · $500K – $10M
Village GlobalreportedCovina · $100K – $500K

Reported raises · per SEC filings

Form D private placements
▶$12.3MraisedAug 2022 · 4 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Edul PatelExecutive Officer, Director
Offering amount
$13.1M
Amount sold
$12.3M
First sale
Jul 2022
Incorporated
Corporation, California, 2018
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$3.8MraisedApr 2022 · 18 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Edul PatelExecutive Officer, Director
Offering amount
$6.3M
Amount sold
$3.8M
First sale
Dec 2021
Incorporated
Corporation, California, 2018
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$3.4MraisedSep 2021 · 40 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Edul PatelExecutive Officer
Offering amount
$3.4M
Amount sold
$3.4M
Minimum investment
$3K
First sale
Jul 2021
Incorporated
Corporation, Delaware, 2018
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

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