# Punch: Financial services, Mumbai, India

> Punch: We're on one crazy mission, to build a pro-grade, rock-solid trading platform at ₹1 brokerage. Based in Mumbai, India. Founded 2016.

Source: https://millionrounds.com/startup/punch (Millionrounds; every figure on the page links to its filing or article)

India · [Financial services startup](https://millionrounds.com/companies)

# Punch

We're on one crazy mission, to build a pro-grade, rock-solid trading platform at ₹1 brokerage.

Email

Funding reported Last round: Seed

Financial services Mumbai, India

Follow Punch and see its new rounds in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Fstartup%2Fpunch)

Company summary

- **Founded:** 2016 10 years old
- **Team:** 110 51 to 200 people
- **Funding reported:** 9M as listed, currency not stated
- **Last round:** Seed Aug 2024

How sure we are

- ✓ **Listed** We know it exists and what it does
- 2 **Funding reported** A company dataset reports a raise
- 3 **Observed** A filing or a dated announcement confirms a round

No round for Punch has been confirmed by a filing or an announcement yet, so nothing here counts toward an investor's record. [How we decide](https://millionrounds.com/methodology)

## About Punch

We're on one crazy mission, to build a pro-grade, rock-solid trading platform at ₹1 brokerage.

Sounds impossible? Until someone tries. We're a bunch of crazy traders and engineers attempting it. We're rebuilding how a broker runs, using AI to strip inefficiency, cutting marketing waste, and passing every bit of savings back to traders.

## What company datasets say Punch raised

Funding, as reported

Reported in all **9M** in the source's currency

Last round **Seed**

Last round size **7M**

Last round date **Aug 2024**

## On a portfolio page

Investors who name them

- [Prime Venture Partners](https://millionrounds.com/fund/prime-venture-partners)

Each firm lists Punch on its own website. That is the firm's claim, a weaker thing than a round we watched, but a named source.

## The company, in detail

What they build

Known for

options trading options trading customization interface user experience fund transfer services mobile apps brokerage platform options trading platform market volatility management investment safety tools transaction costs options trading reliability monitoring kyc process trading tools options trading safety compliance standards fast trading

Built with from their website

Wistia Google Tag Manager HREF Lang PWA Clarity SDM Google Workspace Xcode CloudFlare Viewport Meta Digital Ocean Spaces

+8 more

Google Play SWIFT webpack Google Meet CloudFlare CDN Bunny Priority Hints React

- **Sector:** Financial services
- **Industry code:** NAICS 523150, SIC 6211
- **Region:** Maharashtra

## Financial services in India

Startups like it

- [**KreditBee** Bengaluru · founded 2018 *Raised*](https://millionrounds.com/company/kreditbee)
- [**CoinDCX** Mumbai · founded 2018 *Raised*](https://millionrounds.com/company/coindcx)
- [**Navi** Bengaluru · founded 2018 *Raised*](https://millionrounds.com/company/navi)
- [**Scapia** Bengaluru · founded 2022 *Raised*](https://millionrounds.com/company/scapia)
- [**Khatabook** Bengaluru · founded 2018 *Raised*](https://millionrounds.com/company/khatabook)
- [**KredX** Bengaluru · founded 2015 *Raised*](https://millionrounds.com/company/kredx)
- [**Upstox** Mumbai · founded 2009 *Raised*](https://millionrounds.com/company/upstox)
- [**Turtlemint** Mumbai · founded 2015 *Raised*](https://millionrounds.com/company/turtlemint)

## Is this your company?

Add your raise, your deck and your story, and put Punch in front of investors. Or tell us what we have wrong.

[List your startup](https://millionrounds.com/list-your-startup)[Send a correction](https://millionrounds.com/corrections)