Mochatrade Raises $5.56 Mn to Expand US Stock Trading Platform

Mochatrade had earlier raised six hundred ninety thousand dollars in pre‑seed funding from Y Combinator and Pioneer Fund. The new investment will help Mochatrade develop its products grow its customers and add trading features.

Mochatrade’s Trading Platform

Mochatrade is a trading platform made for users who want to follow price changes in US stocks, indices and commodities. It lets users deposit money using the Unified Payments Interface keep balances in rupees and take short positions.

The platform offers futures tied to stocks like Nvidia, Tesla and Apple. These contracts never. Users do not own the actual shares. Trading with leverage can raise both gains and possible losses.

How Mochatrade Plans to Use the Funding

Mochatrade will use the money to improve its trading engine strengthen risk infrastructure and bring in more Indian users.

Mochatrade also plans to add US stock options, more assets and social trading features. It is looking at contracts tied to selected pre‑IPO companies, to the laws and approvals that apply.

About Mochatrade

Mochatrade was founded by Utkarsh Sinha, CEO; Parth Maheshwari, CTO; and Chetan Manda, Chief Product Officer. The founders met at the Indian Institute of Technology. Have known each other for about ten years.

Before Mochatrade, Sinha co‑founded Martian Wallet, which had than two million installs in over fifty countries before Pontem Network bought it. Manda had been director of product management at Sprinklr and Maheshwari worked at Adobe and Navi.

Mochatrade operates in India through ALSD Technologies Private Limited. This entity is registered with the Financial Intelligence Unit India as a Virtual Digital Asset Service Provider.

Market Growth and Next Steps

Mochatrade said its waitlist has grown past twenty‑five thousand sign‑ups. The company plans to move from access, to a public launch in the next few weeks according to the announcement.

Its next phase will focus on growing its user base improving trading infrastructure and adding products. The rollout of trading features will depend on the laws that apply the approvals that are needed liquidity and risk management controls.

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