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📢 #Stocktrading platform @punchHQofficial has raised $7 million in seed funding from @Stellaris_VP, @SusquehannaVC, @Primevp_in, and @InnoVenCap_IN. The funding was a combination of debt and equity and will be used for R&D, tech, product enhancement & hiring. https://t.co/DHN3QH95xg
📢Dating app @JuleoClub raises $2.5M in an angel funding round from 180+ investors, including 7 unicorn founders @CNBCTV18News | #Startups | #Dating | #DatingApp https://t.co/kH8pW8bH9I
Thrilled to co-lead @punchHQofficial's $7M seed (@banglani @Stellaris_VP), an options-only stock broking app. Our investment thesis hinges on market attractiveness, presence of unmet need gap, and founder-market fit. Read on. https://t.co/wYFXu48TC2
Stock trading platform Punch has raised $7 million in seed funding through a combination of debt and equity. The funding round was led by Stellaris Venture Partners, along with contributions from Susquehanna VC, Prime Venture Partners, and InnoVen Capital. The funds will primarily be allocated to research and development initiatives aimed at enhancing user experience, covering marketing expenses, and hiring. Punch is set to transform the options trading market with their safety-first, mobile-focused stock brokerage app designed to empower first-time retail traders.