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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
Social
XFacebook
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
Ranked
Annual Revenue
₹10 - ₹50 Cr as on Mar 31, 2025
Employee Count
165 as on Oct 31, 2026
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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:lockFilter this list
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
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Mudrex's founders and board of directors

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The 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:

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

Mudrex's employee count trend

Mudrex has 165 employees as of Oct 26. Here is Mudrex's employee count trend over the years:
Employee count trend for Mudrex
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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:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Mudrex
Mudrex
2018, Bengaluru (India), Series A
Provider of platform for cryptocurrency trading, futures, and curated baskets
$22.2M
69/100
2nd
Logo for Auros
Auros
2019, Hong Kong (China), Series B
Algorithmic trading and market-making platform
$17M
60/100
3rd
Logo for CoinRoutes
CoinRoutes
2017, San Francisco (United States), Series B
Algorithm trading platform for cryptocurrency
$19M
57/100
4th
Logo for CyberX
CyberX
2016, Beijing (China), Series A
Cryptocurrency trading platform
$15M
50/100
5th
Logo for bitradex.com
bitradex.com
2022, London (United Kingdom), Series A
Provider of AI-powered platform for cryptocurrency trading and related services
$16.1M
49/100
6th
Logo for RoyalQ
RoyalQ
2021, Antananarivo (Madagascar), Seed
AI-based algorithmic trading platform for forex assets
$3.9M
-
49/100
7th
Logo for Tuned
Tuned
2007, New York City (United States), Acquired
Powerful automated trading bot platform
-
47/100
8th
Logo for Soon
Soon
2017, Salt Lake City (United States), Seed
Automated trading platform for cryptocurrency trading
$513K
45/100
9th
Logo for altrady
altrady
2018, Haag (Germany), Unfunded
Cryptocurrency trading platform
-
-
45/100
10th
Logo for Efficient Frontier
Efficient Frontier
2018, Tel Aviv (Israel), Funding Raised
Algorithmic trading platform for cryptocurrencies
-
42/100
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Mudrex's Latest cap tables and shareholding

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shareholding pattern of this entity
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What documents will you get?
  • Latest Shareholding Summary - Ownership breakdown across founders, investors, and other stakeholders
  • Round-by-Round Cap Tables - Evolution of shareholding across funding rounds
  • Year-on-Year Cap Tables - Dilution trends over time

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

lockFilter this list
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.
•
•
Mudrex reports 200% growth in user base in 2024YourStory•Jan 10, 2025•Mudrex
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FAQs about Mudrex

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