When was National Commodity & Derivatives Exchange founded?

National Commodity & Derivatives Exchange was founded in 2003 and raised its 1st funding round 7 years after it was founded.

Where is National Commodity & Derivatives Exchange located?

National Commodity & Derivatives Exchange is headquartered in Mumbai, India. It is registered at 1st Floor, Akruti Corporate Park, Near G. E. Garden, L.B.S. Road, Kanjurma, rg (West), Mumbai City, Mumbai, Maharashtra, India, 400078.

Which legal entities is National Commodity & Derivatives Exchange associated with?

National Commodity & Derivatives Exchange is associated with NATIONAL COMMODITY AND DERIVATIVES EXCHANGE LIMITED.

How many employees does National Commodity & Derivatives Exchange have?

As of Aug 31, 2025, National Commodity & Derivatives Exchange has 219 employees, reflecting a 3% year-over-year growth in headcount.

Is National Commodity & Derivatives Exchange a funded company?

National Commodity & Derivatives Exchange is a funded company, having raised a total of $113M across 3 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Mar 23, 2010.

How much is National Commodity & Derivatives Exchange worth?

The latest valuation of National Commodity & Derivatives Exchange is ₹***** as of Oct 07, 2025.

When was the latest funding round of National Commodity & Derivatives Exchange?

National Commodity & Derivatives Exchange's latest funding was a $***** Series B round on Aug 29, 2025, with participation from 44 investors.

What is the annual revenue of National Commodity & Derivatives Exchange?

Annual revenue of National Commodity & Derivatives Exchange is ₹122Cr as on Mar 31, 2025.

Where does National Commodity & Derivatives Exchange rank among its competitors?

National Commodity & Derivatives Exchange ranks 3rd amongst 13 active competitors, only 1 of which is funded. National Commodity & Derivatives Exchange, which secured $88M in Aug, 2025.

National Commodity & Derivatives Exchange - 2026 Company Profile, Funding, Competitors & Financials

National Commodity & Derivatives Exchange is a series B company based in Mumbai (India), founded in 2003. It operates as a Provider of agricultural derivatives exchange services. National Commodity & Derivatives Exchange has raised $113M in funding from investors like Punjab National Bank, Acacia Partners and IDFC First Bank, with a current valuation of ₹*****. The company has 13 active competitors, including 1 funded and 5 that have exited. Its top competitors include companies like Indian Energy Exchange, MCX and National Spot Exchange.

Company Details

Provider of agricultural derivatives exchange services. It is focused on agricultural and some non-agricultural commodity derivatives. It provides a transparent platform for price discovery and risk management for commodities such as pulses, spices, guar, barley, wheat, and soybeans. It offers agricultural market by enabling better price transparency, reducing intermediaries, and facilitating modern trading through technology. Company core business model revolves around facilitating commodity trading for market participants, reducing middlemen, and supporting both agricultural and financial sectors through transparent and secure transactions.

Website: ncdex.com
Social
Email ID: *****@ncdex.com
Phone Number: +91 **********
Registered Address: 1st Floor, Akruti Corporate Park, Near G. E. Garden, L.B.S. Road, Kanjurma, rg (West), Mumbai City, Mumbai, Maharashtra, India, 400078

Key Metrics

Founded Year

2003

Location

Mumbai, India

Stage

Series B

Total Funding

$113M in 3 rounds

Latest Funding Round

Series B, Aug 29, 2025, $*****

Post Money Valuation

₹***** as on Oct 07, 2025

Investors

Punjab National Bank & 82 more

Ranked

3^rd among 13 active competitors

Annual Revenue

₹122Cr as on Mar 31, 2025

Employee Count

219 as on Aug 31, 2025

Investment & Acquisitions

National Collateral Management

Similar Companies

Xpansiv & 94 more

View National Commodity & Derivatives Exchange's full profile

National Commodity & Derivatives Exchange is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
NATIONAL COMMODITY AND DERIVATIVES EXCHANGE LIMITED CIN: U51909MH2003PLC140116 , India, Active	Apr 23, 2003	$14.4M (As on Mar 31, 2025)	219 (As on Aug 31, 2025)

National Commodity & Derivatives Exchange has raised a total funding of $113M over 3 rounds. Its first funding round was on Mar 23, 2010. Its latest funding round was a Series B round on Aug 29, 2025 for $*****. 44 investors participated in its latest round. National Commodity & Derivatives Exchange has 61 institutional investors and 22 angel investors.

Here is the list of recent funding rounds of National Commodity & Derivatives Exchange:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Aug 29, 2025	8137283	Series B	8013001	5499969	7181956	3844006
Nov 06, 2013	6725839	Series A	1085986	3044314	3031613	8489887
Mar 23, 2010	7368911	Series A	7090117	2942600	Punjab National Bank	NSE & 7 more

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National Commodity & Derivatives Exchange's employee count trend

National Commodity & Derivatives Exchange has 219 employees as of Aug 25. The total employee count is 2.0% more than what it was in Aug 24. Here is National Commodity & Derivatives Exchange's employee count trend over the years:

Employee count trend for National Commodity & Derivatives Exchange

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Top competitors of National Commodity & Derivatives Exchange include Indian Energy Exchange, MCX and National Spot Exchange. Here is the list of Top 10 competitors of National Commodity & Derivatives Exchange, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Indian Energy Exchange 2007, Delhi (India), Public	Provider of power trading services	$30M	Bessemer Venture Partners, Motilal Oswal Private Equity ... & 10 others	74/100
2nd	MCX 2003, Mumbai (India), Public	Commodity Exchange	$132M	India Capital Growth, Kotak Mahindra Bank ... & 2 others	60/100
3rd	National Commodity & Derivatives Exchange 2003, Mumbai (India), Series B	Provider of agricultural derivatives exchange services	$113M	Oman India Joint Investment Fund, Goldman Sachs ... & 81 others	57/100
4th	National Spot Exchange 2005, Mumbai (India), Unfunded	Commodity exchange	-	-	34/100
5th	GRD Groupz 2005, Kolkata (India), Unfunded	Financial services company that offers a range of brokerage services, including proprietary trading, equity and derivatives, commodities, and currency trading, to individual and institutional clients	-	-	34/100
6th	AROMA ENTERPRISES 1994, Ahmedabad (India), Public	Limited information available	-	-	32/100
7th	CapsGold 1901, Hyderabad (India), Unfunded	Provider of gold and silver bullion trading services	-	-	32/100
8th	Janus Corporation 1998, Mumbai (India), Public	Global provider of trading and broking services for ferrous and non-ferrous metals and minerals	-	-	32/100
9th	National Multi-Commodity Exchange 2002, Ahmedabad (India), Deadpooled	Commodity exchange	-	-	24/100
10th	Apple Finance 1985, Mumbai (India), Public	Provider of commodity trading services	-	-	20/100

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Funds own 14.66%, Parent Entities own 21.02%, Enterprises (largest shareholder) own 52.64% and Angels own 7.63%.

Shareholders Name	Post Round Holding %	Net worth	Cumulative Investment	Realised Returns	Unrealised Returns	Return Multiple
Fund	14.66%	259Cr	9159501	4804980	9583676	5188993
Parent Entity	21.02%	372Cr	8300386	4019585	4894078	3692368
Enterprise	52.64%	932Cr	2739094	1264462	8155225	5910535
Angel	7.63%	135Cr	7039334	4566922	6493020	9234060
Other People	4.05%	71.7Cr	7592	7864	5549	5014
Total	100.00%	1,770Cr	9665766	2162181	8240580	4319390

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Notes: The column Net Worth represents the net worth of investments made by that entity, as per the latest cap table.

Disclaimer

View more details of National Commodity & Derivatives Exchange's Shareholding

National Commodity & Derivatives Exchange has a total of 1 investment in National Collateral Management. National Commodity & Derivatives Exchange has not made any acquisitions as of now.

Media has covered National Commodity & Derivatives Exchange for a total of 6 events in the last 1 year, 2 of them have been about company updates and 1 about partnerships.