Mudrex - About the company
Mudrex is a series A company based in Bengaluru (India), founded in 2018 by Rohit Goyal, Snehil Buxy, Edul Patel, Edul Patel and Prince Arora. It operates as a Provider of platform for cryptocurrency trading, futures, and curated baskets. Mudrex has raised $22.2M in funding from investors like Y Combinator, Nexus Venture Partners and Village Global, with a current valuation of $*****. The company has 1113 active competitors, including 29 funded and 4 that have exited. Its top competitors include companies like Auros, CoinRoutes and CyberX.
Company Details
Provider of platform for cryptocurrency trading, futures, and curated baskets. The platform offers tools for buying and selling various cryptocurrencies. It facilitates trading in crypto futures contracts with access to trading pairs. The platform also provides curated crypto baskets for diversified investment.
- Website
- mudrex.com
- Email ID
- *****@mudrex.com
- Registered Address
- 257, 16th Cross, 5th Main Rd, Sector 6, HSR Layout, HSR Layout, Bangalore, Bangalore South, Karnataka, India, 560102
Key Metrics
Founded Year
2018
Location
Bengaluru, India
Stage
Series A
Total Funding
$22.2M in 5 rounds
Latest Funding Round
Post Money Valuation
$***** as on Dec 16, 2021
Investors
Ranked
1st among 1113 active competitors
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
165 as on Oct 31, 2026
Legal entities associated with Mudrex
Mudrex is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
MUDREX, INC. CIN: 7211681 , United States, Active | Dec 26, 2018 | - | - | - |
RPFAS TECHNOLOGIES PRIVATE LIMITED CIN: U74999KA2018PTC109384 , India, Active | Jan 10, 2018 | ₹10 - ₹50 Cr (As on Mar 31, 2025) | - |
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Mudrex's funding and investors
Mudrex has raised a total funding of $22.2M over 5 rounds. Mudrex has 14 institutional investors and 6 angel investors.
Here is the list of recent funding rounds of Mudrex:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jul 20, 2022 | 8559739 | Series A | 8469051 | 5658218 | 2497320 | 8408647 |
Dec 16, 2021 | 9621227 | Seed | 8165141 | 9032375 | 3734169 | |
Aug 10, 2021 | 2793297 | Seed | 3976668 | 1585125 |
View details of Mudrex's funding rounds and investors
Mudrex's founders and board of directors
Founder? Claim ProfileThe founders of Mudrex are Rohit Goyal, Snehil Buxy, Edul Patel, Edul Patel and Prince Arora. Edul Patel and Edul Patel are the CEOs of Mudrex.
Here are the details of Mudrex's key team members:
- Rohit Goyal: Founder of Mudrex and founder of 3 other companies, PaxPlay, Rohit Goyal - Cofounder & CEO and Mesh Finance. They are also an angel investor in 1 startup.
- Snehil Buxy: Co-Founder, Head of Product of Mudrex and founder of 1 other company. They are also an angel investor in 1 startup.
- Edul Patel: Co-Founder & CEO of Mudrex. They serve on the board of 1 company.Contact Info: 1 email address
- Edul Patel: Founder & CEO of Mudrex and founder of 2 other companies, Niffler and Saber. Contact Info: 1 email address
- Prince Arora: Co-Founder of Mudrex.
Mudrex's Board of Directors
Mudrex's board has 3 active members. Edul Patel and Alankar Saxena are part of team and Rajesh Brindavan Pandey is independent board member.Here is the list of Mudrex's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 8y 8m | |
llhswtb | Team | - | Past | 6y 4m |
Independent board member | - | Current | 1y 3m |
View details of Mudrex's Founder profiles and Board Members
Mudrex's employee count trend
Mudrex has 165 employees as of Oct 26. Here is Mudrex's employee count trend over the years:
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Mudrex's Competitors and alternates
Top competitors of Mudrex include Auros, CoinRoutes and CyberX. Here is the list of Top 10 competitors of Mudrex, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of platform for cryptocurrency trading, futures, and curated baskets | $22.2M | 69/100 | ||
2nd | Algorithmic trading and market-making platform | $17M | 60/100 | ||
3rd | CoinRoutes 2017, San Francisco (United States), Series B | Algorithm trading platform for cryptocurrency | $19M | 57/100 | |
4th | Cryptocurrency trading platform | $15M | 50/100 | ||
5th | ![]() bitradex.com 2022, London (United Kingdom), Series A | Provider of AI-powered platform for cryptocurrency trading and related services | $16.1M | 49/100 | |
6th | RoyalQ 2021, Antananarivo (Madagascar), Seed | AI-based algorithmic trading platform for forex assets | $3.9M | - | 49/100 |
7th | Tuned 2007, New York City (United States), Acquired | Powerful automated trading bot platform | - | 47/100 | |
8th | Soon 2017, Salt Lake City (United States), Seed | Automated trading platform for cryptocurrency trading | $513K | 45/100 | |
9th | Cryptocurrency trading platform | - | - | 45/100 | |
10th | Efficient Frontier 2018, Tel Aviv (Israel), Funding Raised | Algorithmic trading platform for cryptocurrencies | - | 42/100 |
Looking for more details on Mudrex's competitors? Click here to see the top ones
Mudrex's Investments and acquisitions
Mudrex has made no investments or acquisitions yet.
Reports related to Mudrex
Here is the latest report on Mudrex's sector:
News related to Mudrex
Media has covered Mudrex for a total of 6 events in the last 1 year, 4 of them have been about company updates and 1 about people movement.
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India's Enforcement Directorate Investigates $585 Million Crypto Transactions Involving Mudrex, Instadapp, Binance, BybitFinance Magnates•Oct 29, 2026•Instadapp, Binance, Bybit, Mudrex and 1 other
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Global Wealth Summit 2026: Crypto is Becoming Part of Assets for Sovereign HedgeMoneycontrol•Mar 15, 2026•Mudrex, Giottus, CoinSwitch
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Mudrex Appoints Rakhesh Raghunath to Boost Compliance Amid Rising Crypto RegulationsMedia Bulletins•Feb 10, 2026•Mudrex
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Mudrex Partners Digirovers to Lead Marketing in 5 Global MarketsFirstindia•Jul 16, 2025•Mudrex, DigiRovers
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Introducing Mudrex’s Upgraded Referral and Partner Programs: Earn More, Faster!
Mudrex•Jun 13, 2025•Mudrex
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Mudrex Halts Crypto Withdrawals Till January 28 Amid Efforts to Automate User Verification SystemGadgets 360•Jan 13, 2025•Mudrex
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Delhi High Court Orders Removal of Scam Sites Impersonating Crypto Firm MudrexGadgets 360•Aug 29, 2024•Mudrex
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